The Ethics of Investor Relations
Investor relations (IR) is never ethically neutral. IR acts as a channel between two essential, productive and beneficial activities, and assists both of them: (1) the corporate task of creating customers, employment, and economic wealth and (2) the equity market task of helping the best companies grow and enabling a wide audience to benefit from corporate success.
The corporation is not simply a device for making profit for owners. Since the 16th century, corporations have played an essential part in the economic growth of European states. Corporations do not obtain moral purpose and a “social license” through acts of philanthropy. Corporations do not need to engage in charitable work because they have ...
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