Bata wins award for ‘responsible capitalism’

On Tuesday Tomas Bata Jr. received the Award for Responsible Capitalism from Britain’s chancellor of the exchequer, Alistair Darling. The award is bestowed by an international jury and was created by the business magazine FIRST. Mr Bata told reporters that honesty and ethics should always be part of business. His father, also named Tomas, started the Bata shoe empire with the opening of a plant in Zlin, south Moravia.