<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Features Australia

Business/Robbery etc

A crusade to save capitalism from itself?

24 January 2020

10:00 PM

24 January 2020

10:00 PM

My merchant banker son tells me I’m wrong. He rejects my criticism of Australian corporate boards that respond to noisy activist pressure to become ‘socially responsible’ instead of concentrating on earning a quid for shareholders. He says that in the changing political and social environment of the 21st century, companies make more quids by appearing to be ‘socially responsible’ and getting involved in issues that pay off – as long as the commercial benefits outweigh the costs, like Qantas and the same-sex marriage campaign.

Already a subscriber? Log in

Get 10 issues
for $10

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close