A revolution in the way we understand business: It can and should seek to improve the state of the world. In an excerpt from their forthcoming book, Darden Professors R. Edward Freeman and Bidhan L. Parmar, experts in stakeholder theory, discuss models for businesses not solely driven by profit maximization.
These insights from Darden Ideas to Action articles unveil the value of ethical considerations from a variety of standpoints and in a variety of sectors. They contain lessons for business leaders, employees and consumers.
In an age in which the public is actively invested in the values of a company and reputations can change abruptly, corporate responsibility is both a moral and business imperative. Here, Darden experts offer insights on corporate social responsibility and the evolving relationship of business and society.
To what degree are platform businesses responsible for the actions of their users? This case study examines the action Airbnb took in response to the information that neo-Nazis planned to use its platform to accommodate attendees of the “United the Right” rally in Charlottesville, Virginia.
UVA Darden School of Business Professor Bidhan Parmar re-examined Milgram’s audiotapes. What he found exemplifies how both Darden and UVA’s McIntire School of Commerce approach ethics education.
More than 50 years after Stanley Milgram conducted his famous experiments on authority and obedience, Darden ethics professor Bobby Parmar sheds new light on how people defy corrupt authority.