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When employees retreat from corporate volunteering
Support for employee volunteering is a corporate social responsibility activity that signals commitment to social values and citizenship. It is also a strategic initiative that helps companies recruit...
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Impact investing: can funds achieve both social impact and returns at scale?
Popular opinion has it that ‘investing for the common good’ has gone mainstream. Yet our research finds that only a small proportion of funds has consistently generated market rate return and...
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A market for values would reconcile profit with a higher social purpose
How would capitalism be if values such as environmentalism were tradable on a market? How would companies contribute to society if we could price not only goods and services, but also principles such...
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Mainstreaming environmental, social and corporate governance
Businesses in today’s marketplace, in both the financial and non-financial sectors, have to pay attention to the environmental and social impact of what they do, as well as to respect high standards...
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What leads financial and non-financial firms to adopt corporate social...
In an era when the voice of customers, environmentalists and other interest groups is getting stronger and stronger, corporate social responsibility (CSR) is increasingly adopted by firms and other...
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The sharing economy is thriving, but the work of volunteers is often overlooked
Airbnb’s open homes program aims to create a social impact by connecting hosts with refugees to support their integration. Uber claims that its car sharing makes cities cleaner. Whether and how the...
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What else can the world’s billionaires do?
I remember a pivotal moment in Deewar, one of the biggest Bollywood blockbusters of the 1970s, when Bollywood still had the courage to make movies about exploited industrial workers. Amitabh Bachchan,...
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Will purpose ever replace shareholder value maximisation as the corporate...
As governments wrestle with the economic and public health challenge of COVID, attention is turning to the part business should play in the recovery and aftermath. Will companies funnel government...
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COVID: how corporations can improve their impact on society
As the COVID-19 crisis began to impact the work of changemakers around the world, I felt it was important to create a community where people responsible for social change could get ideas and...
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Socially responsible practices are transmitted via international trade
Why firms engage in corporate social responsibility (CSR) is widely debated, particularly in the context of the 2019 Business Roundtable statement by US chief executives, which redefined the purpose...
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