Social Entrepreneurship Seminar 1
by DavidHopkins
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The term CSR was coined in the 1950s in the US, although the concepts are age old. The Co-operative Bank, Ben & Jerry's and Body Shop have made their name on CSR-style ethical principles before the term was coined.
WW tells his 1984 Hong Kong story - The field of CSR has come a long way over the past 25 years!- In 1984, I was the publisher of a Boston based newspaper, called The WorldPaper, that appeared in 27 countries in 6 language editions. Our issue in APril of that year was devoted to CSR and we decided to have a conference in HK on the subject.
- About 60 business leaders came, all men, about 50% Chinese and 50% U.S. companies
- With very few exceptions they considered CSR as a PR issue not a central concern of business, quoting Milton Friedman, the famous Chicago based economist, that “The Biz of Biz was Biz”, and that their shareholders were the only stakeholders who counted. I told them that there were forces at work that would force them them to define their stakeholders in much broader terms. They disagreed. The world has come a long way since then, and our three part presentation this morning highlights were it has gotten to and where it is going.
"MILTON FRIEDMAN, CAPITALISM AND FREEDOM 135 (1962)" Few trends could so thoroughly undermine the very foundation of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
The Tutu knife story: Like a knife, business is neutral.
The term CSR was coined in the 1950s in the US, although the concepts are age old. The Co-operative Bank, Ben & Jerry's and Body Shop have made their name on CSR-style ethical principles before the term was coined.
WW tells his 1984 Hong Kong story - The field of CSR has come a long way over the past 25 years!- In 1984, I was the publisher of a Boston based newspaper, called The WorldPaper, that appeared in 27 countries in 6 language editions. Our issue in APril of that year was devoted to CSR and we decided to have a conference in HK on the subject.
- About 60 business leaders came, all men, about 50% Chinese and 50% U.S. companies
- With very few exceptions they considered CSR as a PR issue not a central concern of business, quoting Milton Friedman, the famous Chicago based economist, that “The Biz of Biz was Biz”, and that their shareholders were the only stakeholders who counted. I told them that there were forces at work that would force them them to define their stakeholders in much broader terms. They disagreed. The world has come a long way since then, and our three part presentation this morning highlights were it has gotten to and where it is going.
"MILTON FRIEDMAN, CAPITALISM AND FREEDOM 135 (1962)" Few trends could so thoroughly undermine the very foundation of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
The Tutu knife story: Like a knife, business is neutral.
The term CSR was coined in the 1950s in the US, although the concepts are age old. The Co-operative Bank, Ben & Jerry's and Body Shop have made their name on CSR-style ethical principles before the term was coined.
WW tells his 1984 Hong Kong story - The field of CSR has come a long way over the past 25 years!- In 1984, I was the publisher of a Boston based newspaper, called The WorldPaper, that appeared in 27 countries in 6 language editions. Our issue in APril of that year was devoted to CSR and we decided to have a conference in HK on the subject.
- About 60 business leaders came, all men, about 50% Chinese and 50% U.S. companies
- With very few exceptions they considered CSR as a PR issue not a central concern of business, quoting Milton Friedman, the famous Chicago based economist, that “The Biz of Biz was Biz”, and that their shareholders were the only stakeholders who counted. I told them that there were forces at work that would force them them to define their stakeholders in much broader terms. They disagreed. The world has come a long way since then, and our three part presentation this morning highlights were it has gotten to and where it is going.
"MILTON FRIEDMAN, CAPITALISM AND FREEDOM 135 (1962)" Few trends could so thoroughly undermine the very foundation of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
The Tutu knife story: Like a knife, business is neutral.
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world
- While grad students at Stanford Biz school, they realized that if Muhammud Yunus and Iqbal Quadir could make microloans in Bangladesh to local entrepreneurs why not use the internet to make similar loans around the world