What we study

Research themes

The project spans strategy, ethics, law, economics, and political theory.

Forces that politicize business

A taxonomy of the pressures — activist campaigns, customer pressure, employee pressure, government pressure, and owner / institutional-investor pressure — that draw firms into political conflict.

ESG and asset-manager capitalism

How environmental, social, and governance mandates and concentrated asset management reshape corporate purpose and accountability.

Debanking, fair access, and common carriage

Access to financial services and the case for common-carriage and fair-access frameworks.

Corporate and employee political speech

When firms and their employees speak politically — and the limits of policing extramural speech.

Moral grandstanding and values in advertising

The uses and abuses of moral talk in corporate communication and marketing.

Morally contested (“repugnant”) markets

The ethics and economics of markets many find objectionable.

Corporate disobedience

The ethics of firms resisting or declining to comply with law.

Policy tools

Neutrality pledges, the Fair Access to Financial Services rule, and other instruments for addressing politicization.

Selected work

Publications

ESG and Asset Manager Capitalism

Paul Forrester · Business Ethics Quarterly

The Rise of Corporate Activism: Causes and Consequences

Siri Terjesen & Michael Ryall · The Independent Review

When Is Corporate Social Responsibility Theft?

Mark Packard, Allison Mendenhall & Siri Terjesen · The Independent Review

Glass Houses: Choosing Grace in a Judgmental World

Jason Brennan · Oxford University Press (book) · 2026