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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] 7895 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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Innovation Corrupted: The Rise and Fall of Enron (A, B)

Author: Salter, Malcolm S.
Product Type: Cases
Source: Harvard Business School
Publication Year: 2005

[This document has not yet been rated] 7518 views

Presents a brief historical overview of Enron's rise, its strategic successes and failures...

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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] 4666 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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The Great Leap: Driving Innovation From the Base of the Pyramid

Authors: Hart, Stuart L.; Christensen, Clayton M.
Product Type: Journal Articles
Source: MIT Sloan Management Review. Fall 2002, Vol. 44, No. 1, pp. 51-56
Publication Year: 2002

[This document has not yet been rated] 3285 views

As multinationals unrelentingly seek new growth to satisfy shareholders, they increasingly hear concerns from many quarters about environmental degradation, labor exploitation, cultural hegemony and local autonomy. What is to be done? Must corporations' thirst for growth and profits serve only to exacerbate the antiglobalization movement?

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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] 3252 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] 2940 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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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] 2841 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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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] 2804 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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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] 2754 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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Royal Dutch/Shell in Nigeria Stakeholder Simulation

Authors: Branzei, Oana; Wheeler, David
Product Type: Cases; Exercises
Source: Richard Ivey School of Business
Publication Year: 2008

[This document has not yet been rated] 2740 views

The goal of this simulation is to illustrate the challenges in anticipating points of common interest, and the difficulties of overcoming initial antagonistic framing in order to work together to develop novel positions.

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