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最新個案
- A practical guide to SEC ï¬nancial reporting and disclosures for successful regulatory crowdfunding
- Quality shareholders versus transient investors: The alarming case of product recalls
- The Health Equity Accelerator at Boston Medical Center
- Monosha Biotech: Growth Challenges of a Social Enterprise Brand
- Assessing the Value of Unifying and De-duplicating Customer Data, Spreadsheet Supplement
- Building an AI First Snack Company: A Hands-on Generative AI Exercise, Data Supplement
- Building an AI First Snack Company: A Hands-on Generative AI Exercise
- Board Director Dilemmas: The Tradeoffs of Board Selection
- Barbie: Reviving a Cultural Icon at Mattel (Abridged)
- Happiness Capital: A Hundred-Year-Old Family Business's Quest to Create Happiness
Two and a Half Cheers for Conscious Capitalism
內容大綱
In recent years, the idea of conscious capitalism has emerged as an important alternative approach to the problems confronting American capitalism. Embraced by a number of corporations and prominent business leaders, it represents a new strategy for reconciling business, social, and environmental objectives. While this movement is an inspiring one and worthy of admiration, we believe the assumptions that underlie it suffer from a number of important limitations that make it unlikely for the movement to achieve the ambitious promises of its proponents. In fact, it is often difficult to do well by doing good, and few firms have been able to sustain superior social performance over the long run. Moreover, reconciling the interests of all the firm's stakeholders is often hard to achieve in practice. Most important, the adherents of conscious capitalism overlook the critical role that governments must play in reconciling corporate interests with broader public objectives.