Published Jul 31 2018

The death of corporate greed?

Michelle
Welsh
Professor & Head, Department Business Law and Taxation
Bryan horrigan
Dean, Faculty of Law
Michelle greenwood
Associate Professor, Department of Management
Rod glover
Professor of Policy and Impact, Monash Sustainable Development Institute

Profit and ethical behaviour are no longer mutually exclusive in the business world – they must go hand-in-hand. Greater transparency and public scrutiny has meant that companies chasing short-term profits with no regard for its customers, the environment or the wider community are at greater risk of failure.

The successful businesses and corporations of today and the future demonstrate good sustainable business practices and social responsibility. They treat their employees, suppliers, communities and the environment appropriately. They are proving to the greedy and exploitative businesses that you can no longer pull the wool over the public’s eyes.
 

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About the Authors

  • Michelle welsh

    Professor & Head, Department Business Law and Taxation

    Professor Michelle Welsh is a co-director of the Workplace and Corporate Law Research Group in the Department of Business Law and Taxation at Monash University. She undertakes research and supervision in the area of corporate law, corporate regulation, enforcement and compliance and she has published her research in leading Australian corporate law journals and a number of international journals.

  • Bryan horrigan

    Professor & Dean, Faculty of Law

    Bryan has both academic expertise and professional experience in public and corporate law and governance from Australian, transnational, and cross-disciplinary perspectives. He became Dean of the Faculty of Law at Monash University in early January 2013. He was previously the Louis Waller Chair of Law and Associate Dean (Research) at Monash University's Faculty of Law in Melbourne, Australia.

  • Michelle greenwood

    Associate Professor, Department of Management, Monash Business School

    Michelle's research area is critical business ethics. In this context she has applied critical and ethical approaches to a number of distinct areas: ethics and HRM (critiquing unitarism in HRM); stakeholder theory (developing critical and relational understandings of stakeholder theory); CSR (developing political CSR approaches to employment and HRM); and corporate accountability (analysing CSR reporting and visual rhetoric in corporate reports).

  • Rod glover

    Professor of Policy and Impact, Monash Sustainable Development Institute

    Rod specialises in large-scale innovation, at the levels of systems and societies. He works across policy, practice and research to support the design of innovation institutions and the development of innovation ecosystems. He is a Director of Save the Children Australia, the Centre for Evidence and Implementation, and the independent think tank Per Capita. He has also been a Director of the Victorian Government’s Centre of Excellence in Intervention and Prevention Science and the Australian Government’s National Sustainability Council. As Chair, he oversaw the growth of Hands on Learning Australia into a world-leading educational intervention.

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