Talking about the distribution of wealth, he emphasized that Corporate Social Responsibility (CSR) should be built on a sustainable model. He illustrated the point through certain failed businesses that had generated consistent losses despite government backing and yet chose to be philanthropic, in effect using tax-payers’ money and not self-generated profits to promote public causes. Dr. Irani was, however, of the view that what comes from the people should go back to the people.
IPMX participants, who possess substantial work experience, shared their experiences of situations where they were faced with ethical dilemmas. The interaction ended with a question and answer session based on business decisions, labour disputes and politics presented by Dr Irani.