Foreign Policy Blogs

No Connection Between Being Good and Getting Rich

A study has shown that there is only a small correlation between corporate social responsibility practices and profitability. Particularly scandalous corporate behavior brings poor profits, though. The study authors interpret (and admit they are being cynical with this) that it pays to be good, but not too good. Put another way, profit should not be the reason for socially responsible activities.

 

Author

Kevin Dean

Kevin Dean is a graduate student pursuing a master's degree in international conflict management and humanitarian emergencies at Georgetown University. Before returning to school in Fall 2006, he spent six years working in the former Soviet Union - most of that time spent in Central Asia. He has managed a diverse range of international development programs for the US State Department and USAID. He has also consulted for several UN agencies and international NGOs, and is fluent in Russian. Kevin is originally from Des Moines, Iowa and studied Russian, East European, and Eurasian Studies at the University of Iowa.