Largest private equity firms agree to a United Nations initiative for socially responsible investing

Bowing to concerns from some of their big investors, 13 of the largest private equity firms on Tuesday will agree to a United Nations initiative for socially responsible investing, according to an industry trade group. The private equity industry has come under increased criticism in recent years from labor unions and the governments of several… Continue reading Largest private equity firms agree to a United Nations initiative for socially responsible investing

Glaeser: Can Businesses Do Well and Do Good?

I’ve been meaning to reblog this for a while: The question of creative capitalism is whether there is some role for institutions that falls between traditional profit-making and nonprofit firms. Is the world being well served with these two clearly distinguished types of entities, one of which serves only shareholders and the other of which… Continue reading Glaeser: Can Businesses Do Well and Do Good?

Research shows that cause-related marketing can increase sales by as much as 74 percent

Cause-related marketing can increase sales as much as 74 percent in certain consumer-goods categories, and consumers spend twice as long looking at cause-related ads than generic corporate ones, according to a study by Cone and Duke University’s Fuqua School of Business, MarketingCharts reports. The 2008 Cone/Duke University Behavioral Cause Study finds a strong link between… Continue reading Research shows that cause-related marketing can increase sales by as much as 74 percent

“The opportunity to focus technology and tech entrepreneurs on the unaddressed, underserved segments of society is enormous,”

Jim Schorr, who lectures on social entrepreneurship at UC Berkeley’s Haas School of Business, says he can’t imagine “a higher calling for the next generation of tech entrepreneurs.” “The opportunity to focus technology and tech entrepreneurs on the unaddressed, underserved segments of society is enormous,” Schorr said. “Developing and extending technologies with limited profit potential,… Continue reading “The opportunity to focus technology and tech entrepreneurs on the unaddressed, underserved segments of society is enormous,”

The Portfolio Data Management System- A way to track and measure performance of social entrepreneurs

The Portfolio Data Management System (PDMS) will focus on so-called social entrepreneurs, or groups trying to bring about social change while also functioning like a business—in some cases even trying to make money. Some social enterprises are nonprofits, while others seek a return on investment. The PDMS is to be unveiled at the Clinton Global… Continue reading The Portfolio Data Management System- A way to track and measure performance of social entrepreneurs

A Very Interesting Freakanomics Article On Philanthropy

First, they confused charity with commerce: that is, they uncritically applied the language of outcome-oriented investment to efforts to change human behavior in social settings. Humans, alas, don’t operate neatly according to market logic, though incentives can shift behavior. Second, donors seem reluctant to talk about their own self interest. Instead of admitting their personal… Continue reading A Very Interesting Freakanomics Article On Philanthropy

Doing Good Is Smart Business

From Business Week: The qualities that make a product good for the developing world—sturdy, cheap, adaptable, modular, energy-efficient, environmentally sound, computer platform-neutral, and bandwidth-savvy—make it a good product, period. Suddenly “less is more” goes from abstract design ideal to the only viable option. This is why some of the most innovative ideas today are coming… Continue reading Doing Good Is Smart Business

What Happens To Charities During A Recession

Charities are generally unwilling to cut prices for benefits, even when things get grim. “We don’t like to put the events on sale,” said Stephanie Astic, whose Stephanie Astic Productions organizes fund-raisers that are largely dependent on corporate giving. “But I think everybody is starting to freak out. At the end of the day, you… Continue reading What Happens To Charities During A Recession