Should Business Schools Refuse Tobacco Money?
The New York Times ran an interesting article this morning about universities and graduate schools who are trying to decide whether or not they should accept money from tobacco companies for research and student activities. McCombs Business School was mentioned specifically in the article because of their recent decision to refuse money from Phillip Morris and its parent company, the Altria Group. George W. Gau, dean of McCombs told the newspaper that the leadership of the school felt it was “tainted money” obtained from a product that is “significantly harming people.” Phillip Morris and the Altria Group were once major donors for McCombs, financing at least one $455,000 research project and donating more than $150,000 to support research centers and student activities in the last three years. Researchers at McCombs say the company has had no influence on their research projects. Do you think McCombs m
Related Questions
- Can a business get back the tax money from alcohol or tobacco if the product is destroyed in a disaster such as a fire, earthquake, flood, or tornado?
- Can schools refuse to serve a child who pays the full price but forgets his or her money?
- How does a business benefit from lending money to public schools?
