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Rethinking the Social Responsibility of Business

A Reason debate featuring Milton Friedman, Whole Foods' John Mackey, and Cypress Semiconductor's T.J. Rodgers.

Authors: Friedman, Milton; Mackey, John; Rodgers, T.J.
Product Type: Essays and Concept Papers
Source: Reason Magazine
Publication Year: 2005

[This document has not yet been rated] 2294 views

Thirty-five years ago, Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits"...John Mackey, the founder and CEO of Whole Foods, believes Friedman's view is too narrow a description of his and many other businesses' activities...

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Wal-Mart: 'On the Side of the Angels'

Author:
Product Type: Magazine / Newspaper Articles
Source: Business Week Online
Publication Year: 2007

[This document has not yet been rated] 2293 views

CEO Lee Scott talks about going green, aiming for the affluent, battling opponents, and what it's like to be a major issue in the 2008 Presidential campaign...

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Mining and Metals: Managing Accidents, Crises, and Risks

Authors: Shattuck, Rachel; Scully, Maureen
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education
Publication Year: 2009

[This document has not yet been rated] 2290 views

Accidents and crises bring attention to the mining and metals industry and raise questions about the acceptable risks involved in core operations.

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Teaching Module on Low-Wage Work in The Coming Economy - Can Wage Laws Benefit All?

Author: Johnson, Jennifer
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education
Publication Year: 2009

[This document has not yet been rated] 2284 views

Those interested in promoting higher wages for low-wage workers also look to government policies to provide support, including minimum and living wage laws and the Earned Income Tax Credit. Minimum wage laws, while no longer controversial in the U.S., may still become an issue when not applied to sub-classes of workers (illegal immigrants, youth, or some service workers).

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John Mackey and Whole Foods Market

Authors: Koehn, Nancy F.; Miller, Katherine
Product Type: Cases
Source: Harvard Business School Publishing
Publication Year: 2007

[This document has not yet been rated] 2275 views

This case discusses the rapidly growing business of organic foods, analyzes entrepreneurial agency in the context of a young market, and examines the role of social as well as organizational leadership in the 21st century.

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Guidelines for Social Return on Investment

Authors: Lingane, Alison; Olsen, Sara
Product Type: Journal Articles
Source: California Management Review Volume 46 No. 3, Spring, 2004
Publication Year: 2004

[This document has not yet been rated] 2268 views

Presents 10 standard guidelines for calculating social return on investment (SROI)--quantitative summaries of companies' social and environmental impacts, actual or projected.

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Pioneering Faculty Help Students Examine the Purpose of the Corporation

Author: The Aspen Institute Business and Society Program
Product Type: Featured Collections; Syllabi
Source:
Publication Year: 2013

[This document has not yet been rated] 2265 views

It is no longer adequate – or accurate – to say business simply has to create value for shareholders. This year’s Aspen Faculty Pioneer winners and finalists were selected because they require students to wrestle with broad questions about the primary responsibilities of business.

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RBC Financial Group - The Equator Principles in Qatargas II LNG Project

Authors: Klassen, Robert; Gancberg, Matias
Product Type: Cases
Source: Richard Ivey School of Business
Publication Year: 2009

[This document has not yet been rated] 2264 views

The Royal Bank of Canada was a potential participant in a syndicated loan for a project financing venture in Qatar. The project would extract and process liquid natural gas there and transport it to the United Kingdom market. Two basic questions remained: does the Qatargas II Project make sense to RBC as it attempts to balance economic, environmental and social performance, and do the Equator Principles provide a competitive advantage?

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The Children's Investment Fund, 2005

Authors: Cohen, Randolph B.; Sandbulte, Joshua B.
Product Type: Cases
Source: Harvard Business School Publishing
Publication Year: 2006

[This document has not yet been rated] 2256 views

TCI, The Children's Investment Fund, is a London-based hedge fund. The firm donates a significant fraction of the fees it earns to a charitable foundation. In 2005, TCI took a large stake in Deutsche Borse, the stock exchange in Frankfurt. Its battle with management disrupted a proposed merger and caused the CEO to exit. Addresses a variety of issues in the investments business, including: How do stock pickers create value? What are the benefits of long-term vs. short-term orientation, buying vs. selling short, and a generalist vs. a specialist approach? What is the role of shareholder activism in corporate governance? Do the investment business and charitable giving mix?

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Teaching Module on Low Wage Work - Teaching Questions and Additional References

Author: Johnson, Jennifer
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education
Publication Year: 2009

[This document has not yet been rated] 2231 views

The teaching questions and additional references for the Low Wage Work Teaching Module.

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