I think this is the most coherent, pragmatic argument I’ve heard for “why be moral in business?” (Podcast clips in 3 parts):
Conversation
Second part, on how old hands in business recognise this aspect of ‘be a good person, so that you can be lucky’:
1
To be clear, there are many arguments for acting morally and doing the right thing, but this is one that doesn’t seem to get much play.
(Nerds of a particular flavour might also point out: “hey, this describes the dynamics of an iterated game!”)
2
(Whereas my parents would say: "of course you should act morally and do the right thing, we taught you better!")