One need only look at the news to be bombarded with examples of corporate malfeasance and the impact such behavior has on a company’s public image, customers, employees, and bottom line. And while these stories grab the headlines, some companies are adopting practices that display awareness of their impact on the globe, whether that be to the environment, its employees and suppliers, or communities in which they do business. What factors are leading to these decisions? What are the benefits and costs of making ethical business decisions and acting in a socially responsible way, however one defines it? Issues in Business Ethics and Corporate Social Responsibility explores these foundational themes across a wide range of topics, including artificial intelligence, workplace surveillance, supply chain management, big data, the finance industry, and many more. Coupled with a broad introduction by Dr. David Weitzner, a professor of management at York University, this book provides students with the essential information they need to assess business practices through the lens of ethical decision-making and corporate social responsibility.
Chapter 13: The Boycott: Can it bring the powerful to heel?
The Boycott: Can it bring the powerful to heel?
As consummate consumers, Americans have embraced the boycott as a distinctively American way to influence powerful people and institutions. The internet and social media act as accelerants for activists launching boycotts, and the country’s deepening political polarization in the Trump era has further encouraged people on both sides of the divide to vote with their wallets. Both the Left and the Right maintain lengthy lists of businesses to be shunned. Some boycotts are successful in reducing sales; even when they fail to do so, boycotts can damage a brand ...