MIT Sloan Management Review / Dawn

Why Corporate Success Requires Dealing with the Past

Today, corporate success requires dealing with the past. Throughout history, companies have been complicit in human rights violations and mass atrocities such as slavery, genocide, wars, and harms related to colonialism. Businesses’ involvement in these events remains a great concern for stakeholders today as momentum for social justice and equity builds within society.

GSEM Professor Judith Schrempf-Stirling and co-author Sarah Federman conducted extensive research on historic corporate social responsibility and found that managers who meaningfully engage with their company’s past can address the resulting harm while simultaneously contributing to their company’s successful future.

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