Prof. Matthew Bodie Quoted in the New York Times About the Trend for Companies to Change Their Images

Professor Matthew Bodie was quoted in the New York Times about corporations’ awareness of implementing more employee-progressive policies such as unionization and whether this is a growing trend. One example is Microsoft, which could have thousands of union employees working under collective bargaining agreements within a few years, but this makes it an outlier as a high-tech firm. Some analysts cite large companies that indicate they are progressive in policies and beliefs, but their actions may not necessarily mirror these. Professor Bodie said that these companies favor a kind of corporate paternalism, “We want to be beneficent, but we want to do it on our terms,” describing what executives in those companies might be thinking.