Purpose of Business

A New Measure for Social Responsible Investing

August 16th, 2010

In our last blog we indicated that we may need to revisit the criteria that are often utilized for social responsible investing. As an alternative, we suggest a baseline decision criterion for investment and purchasing decisions that must first meet the threshold of human flourishing. Of the myriad of choices before us, are the investments […]

Limitations to Social Responsible Funds

August 4th, 2010

Investing in “socially responsible” funds, as Jeff Keenan noted in his earlier blog, is an option. But a challenge seems to be the criteria for establishing such funds. Some simply focus on avoiding certain types of products like alcohol, tobacco, weapons, and gambling. Others are narrowly focused on rating companies for labor practices. Each may […]

Business and Global Poverty: Aid-Centric to Trade-Centric

May 24th, 2010

Is the fight against global poverty making a much-needed paradigm shift from being aid-centric to trade-centric (i.e., business-centric)? None other than the “front man”  for global poverty – Bono, of U2 fame – seems to now be saying as much, as witnessed by his recent Op-Ed in the New York Times. After completing his recent […]

Blackberrys, Donuts, and Rethinking Shareholder Value

May 13th, 2010

Harvard Business Review in its Jan/Feb 2010 issue published an illuminating article by Roger Martin, dean of the Rotman School of Management at the University of Toronto. In The Age of Customer Capitalism, Martin argues that companies that make shareholder value their top priority often don’t do as well as companies that focus first on satisfying […]