Corporations Paying for Employee Protest: Does the Tail Wag the Dog?

There’s nothing unusual about a corporation offering employees paid leave for vacations, illness or personal emergencies. That’s a fact of the modern workplace. But lately employers have begun to provide paid leave for something far less justifiable: social justice activism. Employees themselves, backed by social media mobs, increasingly are demanding that management take stands on […]

BlackRock CEO Larry Fink Calls Upon Business to Save the World

With about $6 trillion of assets under management, BlackRock Inc. carries a lot of weight in the business world. And Laurence Fink, CEO and chairman of the New York-based investment firm, wants everyone to know that. In a letter dated January 12, Fink urged dozens of CEOs of publicly-traded companies to expand their horizons beyond […]