Filed under “morality”

Capitalism and Morality (Thai Beer and Monks)

Investors aiming to buy stock in Thai Beverages Pcl may have to settle for a bottle of its Chang beer after billionaire owner Charoen Sirivadhanabhakdi’s plan to sell shares was blocked for a third time amid protests led by orange– robed Buddhist monks. The monks and other protesters argued a share sale by the company, [...]