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N. Craig Smith

Senior Affiliate Professor of Ethics and Social Responsibility

Biography

Professor N. Craig Smith has been on the INSEAD faculty since 2007 as the INSEAD Chair in Ethics and Social Responsibility at INSEAD in Fontainebleau, France. He was previously on the faculties of London Business School, Georgetown University, and Harvard Business School.

At INSEAD, Smith teaches MBA and executive courses in business ethics, compliance, strategic corporate social responsibility and sustainability. He is also the Programme Director for the Healthcare Compliance Implementation Leadership Programmes and the Impactvise Sustainability Programme for Legal Professionals.

Professor Smith’s research is at the intersection of business and society, encompassing business ethics, corporate social responsibility, and sustainability. His current research projects examine the pharmaceutical industry response to the Covid-19 pandemic, business and human rights, the “price-tag society”, Rawlsian business ethics, sustainable consumption, and whether employees will sacrifice pay to work for more socially responsible firms. He is the author, coauthor or coeditor of eight books and over fifty academic journal articles, as well as over fifty case studies, including many award-winners and best-sellers. His most recent books are: The Moral Responsibility of Firms (with Eric Orts; Oxford University Press, 2017) and Managing Sustainable Business (with Gilbert Lenssen; Springer, 2019).

As well as a regular speaker at international conferences, he conducts workshops and consultancy assignments with various organizations on business ethics, compliance and corporate responsibility/sustainability, including board level workshops on sustainability.

Latest posts

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Leadership & Organisations

Business and Politics Should Never Mix – Or Should They?

M. Scholz, C. Smith

When companies have a responsibility to speak out on politics.

Responsibility

Making Radical Change a Business Sustainability Imperative

N. Craig Smith

Companies need to take risks if they want truly impactful results.

Responsibility

The Sustainability Imperative for the Legal Profession

N. C. Smith, R. Soonieus

Lawyers should step up to help the world seize its “last best chance”.

Responsibility

Three Ways Digitalisation Changes Corporate Responsibility

N. C. Smith, L. Lankoski

The Fourth Industrial Revolution changes the 'who', 'whom' and 'what' of corporate responsibility.
1 comment

Responsibility

How Boards Can Steer Companies to “Build Back Better”

N. Craig Smith & Ron Soonieus

The momentum for sustainability is strong despite misgivings over current financial strains. Few businesses can afford to ignore it.

Responsibility

A New Framework for Corporate Activism

Knowing when – and how – to appropriately speak out on political issues is becoming a core skill for business leaders.

Economics & Finance

BRT: A New View of Corporations and Capitalism

Theo Vermaelen & N. Craig Smith

Our experts respond to the Business Roundtable's revised statement of the purpose of a corporation.
3 comments

Economics & Finance

BRT: The New Capitalism?

US CEOs have unveiled a bigger tent that puts shareholders on a par with customers, workers, suppliers and communities.

Responsibility

Sustainability and the Five Archetypes of Boardroom Behaviour

N. Craig Smith & Ron Soonieus

When it comes to "walking the talk" of sustainability, the type of board directors matters.
4 comments

Responsibility

What’s Stopping Boards from Taking Action on Sustainability?

N. Craig Smith & Ron Soonieus

Boards need to look past the low-hanging fruit and start making tough decisions.

Responsibility

Finding Good News for Business and Human Rights After Khashoggi

N. Craig Smith & Markus Scholz

Companies must respond to Jamal Khashoggi’s murder by standing up for human rights.
3 comments

Responsibility

The Critical Consequences of Culture

When management’s expectations inspire unethical acts.
1 comment

Responsibility

Balancing Profit and Social Welfare: Ten Ways to Do It

N. Craig Smith & Leena Lankoski

On the continuum between profit and social welfare, where should your firm sit?

Responsibility

Why Not Corporate Activism in the UK?

The factors that prevent British business from speaking against the upcoming UK/EU divorce.
1 comment

Responsibility

Big Investors Call for Company Attention to Social Purpose: What Next?

Craig Smith & Markus Scholz

BlackRock CEO Larry Fink’s pro-CSR stance needs clarity and muscle.

Responsibility

Identifying Social Norms Makes for Better Business

Craig Smith & Markus Scholz

How to make good business choices and maintain your firm’s moral legitimacy, when “win-win” decision making is not an option.

Responsibility

Business vs. Trump: How CEOs Can Make a Difference

Craig Smith

Business leaders have been scathing of Trump’s decision to pull out of the Paris accord, but can they keep the U.S. in step with the rest of the world?
2 comments

Responsibility

Who Is Responsible for Corporate Misconduct?

Craig Smith & Eric Orts

With incidents of corporate misconduct never far from the headlines, the philosophical question of whether firms should assume responsibility for individuals’ actions has practical consequences.
3 comments