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The Social Responsibility of Business is to Increase its Profits

Author: Friedman, Milton
Product Type: Essays and Concept Papers; Magazine / Newspaper Articles; Speeches
Source: The New York Times Magazine, September 13, 1970.
Publication Year: 1970

[This document has not yet been rated] 9924 views

"When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," it's obvious that they believe that they are defending free enterprise

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Doing Better at Doing Good: When, Why and How Consumers Respond to Corporate Social Initiatives

Authors: Bhattacharya, C.B.; Sen, Sankar
Product Type: Journal Articles
Source: California Management Review
Publication Year: 2004

[This document has not yet been rated] 6068 views

Although companies are devoting significant resources to corporate social responsibility (CSR) initiatives, insights into the optimal formulation, implementation, and effectiveness estimation of CSR strategies are currently scarce. This article takes an in-depth look at when, why, and how CSR works from a consumer's perspective...

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Productivity of Growing Global Energy Demand

A Microeconomic Perspective

Author: McKinsey Global Institute, The
Product Type: Policy and Issue Reports
Source: The McKinsey Global Institute
Publication Year: 2006

[This document has not yet been rated] 4135 views

To date, the global debate about energy has focused too narrowly on curbing demand. Instead, the best way to meet the challenge of growing global energy demand may be to focus on energy productivity, which reconciles both demand abatement and energy-efficiency.

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Everyday High Health Costs; One Giant's Struggle Is Corporate America's, Too

Author: Abelson, Reed
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2005

[This document has not yet been rated] 3819 views

Back in the spring, amid relentless criticism that Wal-Mart Stores was failing to provide affordable health care to employees, executives at the company decided to take a detailed look at its benefits. Wal-Mart knew its health costs were spiraling upward out of control, said M. Susan Chambers, the senior executive who led the initiative, but it was surprised to discover that its critics had a point...

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What Are Mergers Good For?

Author: Morgenson, Gretchen
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2005

[This document has not yet been rated] 3673 views

To most investors, mergers are the stock market's equivalent of catnip. Takeover bids typically provide a nice boost to investors' portfolios and confirm their stock-picking smarts. And to hear the executives orchestrating them tell it, they always produce greater profits at the combined company down the road...And yet, for all the profit and promise that mergers seem to hold, the truth about companies combining their operations is a darker one. Academic research suggests that few mergers add up to significantly more prosperous or successful companies...

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Tiffany & Co: A Case Study in Diamonds and Social Responsibility

Author: Zalcman, Miriam
Product Type: Magazine / Newspaper Articles
Source: Knowledge @ Wharton
Publication Year: 2004

[This document has not yet been rated] 3649 views

Michael J. Kowalski, chairman and CEO of Tiffany & Co., the world-famous luxury jeweler and specialty retailer, wasted no time correcting what he called a "misperception" about his company's products...

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The End of Corporate Imperialism

Authors: Prahalad, C.K.; Lieberthal, Kenneth
Product Type: Journal Articles
Source: Harvard Business Review
Publication Year: 2003

[This document has not yet been rated] 3620 views

As they search for growth, multinational corporations will have no choice but to compete in the big emerging markets of China, India, Indonesia, and Brazil. Although it is still common to question how such corporations will change life in those markets, Western executives would be smart to turn the question around and ask how multinationals themselves will be transformed by these markets...

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A Road Map for Natural Capitalism

(Externalities Example 1: Resources and Pollution)

Authors: Lovins, Amory B.; Lovins, L. Hunter; Hawken, Paul
Product Type: Magazine / Newspaper Articles
Source: Harvard Business Review
Publication Year: 1999

[This document has not yet been rated] 3534 views

No one would run a business without accounting for its capital outlays. Yet most companies overlook one major capital component--the value of the earth's ecosystem services...

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Aguas del Tunari in Bolivia: The Water War

Author: von der Porten, Suzanne
Product Type: Research Notes / Working Papers
Source:
Publication Year: 2007

[This document has not yet been rated] 3477 views

In February and April of 2000, tens of thousands of citizen protesters seized the streets of their home city Cochabamba, Bolivia to protest the privatization of their water and sewer system by Aguas del Tunari, a subsidiary of US-based Bechtel Corporation...

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Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause

Authors: Kotler, Phillip; Lee, Nancy
Product Type: Books / Book Chapters
Source: John Wiley & Sons
Publication Year: 2004

[This document has not yet been rated] 3402 views

Today, corporations are expected to give something back to their communities in the form of charitable projects. In Corporate Social Responsibility, the authors explain why charity is both good P.R. and good for business.

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