Finance
Corporate Virtue in the Time of Coronavirus
Millions are working from home during the Covid-19 pandemic.
Photographer: Westend61/Westend61This article is for subscribers only.
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Being a capitalist with a conscience sometimes means putting people over profits, both for their benefit and that of the company in the long run. The Covid-19 pandemic has made this plain. As millions of people began working from home, companies are being pushed to adapt faster than most are used to. And in doing so, they’ve played a positive role in the fight.
Company responses to the virus and its impact have unleashed a new sort of business creativity, as executives scramble to find ways to adjust sick and paid leave policies, pay hourly workers, and test systems for distributed work.