Even before CSR, Good Business Schools Were Already Ethical

Author
Jeremy Hazlehurst
Source
City A.M.
Publisher
City AM
Publication date
September 2009
Type
Periodical Articles
Industry
Education
Category
Leadership and Management Development
Managing Corporate Responsibility
Language
English
Free/Pay for content
Free
 
MY word is my bond”, is the motto of the London Stock Exchange. There is a reason that this notion is fundamental to the City. Without trust, there can be no business – on the most basic level, you have to be able to believe that the goods you have paid for will be delivered, and that you will be paid. That business needs to be ethical was also understood by Joseph Wharton, who founded Wharton business school in 1881. His aim was to create “pillars of the state, whether in private or in public life”. Business was seen as a good thing, something with social utility.