US and UK prosecutors promise leniency for errant companies that have tried hard to comply and cooperated with investigators. When does a thumb on the scales do justice? Rethinking Collective Punishment for Individual Wrongdoing Regulators and prosecutors in the U.S. and U.K. face a quandary. Does justice require harsh penalties against a company (and its…

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In a process as secretive as a papal conclave, involving only slightly less mystique, McKinsey’s senior partners refused Kevin Sneader a second term as CEO. Shareholder democracy has spoken. But what did it say? A Rare “One And Done” McKinsey & Company operates as unified global partnership. The firm’s approximately 650 senior partners elect the…

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Some day soon, computers may convincingly mimic human empathy. Will this lead to ethical artificial intelligence, or synthetic sociopathy? A Turing Test for Ethical Artificial Intelligence (“AI”) Technologists and ethicists have started to explore the form and meaning of a Turing Test for Ethical AI. The Original Imitation Game — Can Machines Think? 20th century…

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The new Administration’s commitment to Environmental, Social, and Governance (”ESG”) issues begs the question of a business’s end goals. We deserve an open and honest debate. Will we get one? Contending Theories of Corporate Purpose What should be a business’s end goal? Over the last 50 years, two competing approaches have duked it out. Dualism:…

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