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May 31, 2003

Looking after number one

Should companies be good to get better profits or just because it's right?

According to a new study from the United Nations Conference on Trade and Development, 29 of the world's largest economies are corporations. This means, Unctad says, that Nigeria's 100 mn plus people annually generate less wealth than DaimlerChrysler and Chile's output is comparable to Exxon Mobil's. Contrast this with the fact that some 60 countries got poorer over the last decade, and it's clear that big companies are in a powerful position.But does this profitability go hand in hand with

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