Psychopaths or citizens? The battle for the soul of modern brands

This paper argues that corporations have historically always been in pursuit of one goal - profit - due to a sole focus on the interests of shareholders, and that a brand's concern for social good and its commitment to a purpose greater than itself only manifests when its profits are threatened.

Psychopaths or Citizens? The battle for the soul of modern brands

Michael HinesOgilvy & Mather

At the end of 2012, Starbucks, Google and Amazon were called before the House of Commons to explain their tax contributions over years of trading in the UK. They left the hearing amidst a public media firestorm.

Starbucks had notched up UK sales of 400 million in the previous year, but had reported a taxable profit only once in the 15 years of operating in the UK1. They attempted to navigate around it by offering to pay £20million, a fraction of...

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