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Resilient Ivorian Lynda Aphing-Kouassi: From investment banker to social entrepreneur
Resilient Ivorian social entrepreneur, Lynda Aphing-Kouassi established her business, Kaizene in 2014 to service private and public sector enterprises in applying their human resources.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Report: Do companies walk the talk on investing in communities in India?
The third edition of IRBI 2017 report reveals that community development remains a significant thrust area for businesses for their social development projects, but a closer look reveals many shortcomings
- Categories
- Impact Assessment
- Region
- South Asia
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Viewpoint: Cheap talk can cost when it comes to social responsibility
While there could be many reasons for falling public trust in CEOs, much of the scepticism is about integrity and the need for managers and leaders to walk the walk. If some CEOs engage in cheap talk, the question is how can one confidently call their bluff? How do you differentiate between corporate communications that are genuine from those that represent mere public posturing?
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Viewpoint: The missing third party: Corporations and the new social contract
Today, annual revenue of the five largest global corporations exceed $250 billion, topping the GDP of 75 percent of the world's nations. In the United States, all Fortune 500 companies combined represent two-thirds of the U.S. GDP of $12 trillion in revenues and employ 28.2 million worldwide. Apple's market capitalization recently reached a record $900 billion while four other U.S. firms — Alphabet, Microsoft, Amazon and Facebook — exceed $500 billion. Over half of world's largest economic units are companies.
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More and More CEOs Are Taking Their Social Responsibility Seriously
We are witnessing a big, transitional moment – akin to the transition from analog to digital, or the realization that globalization is a really big deal. Companies are beginning to realize that paying attention to the longer term, to the perceptions of their company, and to the social consequences of their products is good business.
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Stop Talking About How CSR Helps Your Bottom Line
Companies are also finding that CSR efforts — such as sustainability initiatives, corporate foundations, employee volunteer programs, and donations to charity — can be important tools for attracting and motivating employees. Research has shown that various forms of prosocial incentives (workers get rewarded not with money, but with the firm engaging in some act to benefit society) indeed increase productivity in simple and complex tasks, increase retention, and even lower employees’ wage demands.
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Memo To BlackRock: 7 Ways To Hold Corporate Feet To The Social Responsibility Fire
If Blackrock expects its companies to act in a socially responsible way, it has a big practical problem. How will it communicate what constitutes socially responsible action? and How will it measure whether or not companies are getting more or less socially responsible?
- Region
- North America
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Opinion: Larry Fink Talks the Talk But Neglects the Walk
It's not clear Fink has done much to back up that 2014 letter. The biggest buyer of its own stock is Apple Inc., which is on track to spend about $235 billion since 2012. The second-biggest investor in Apple, behind Vanguard, is BlackRock, which through its funds holds just more than 6 percent of the iPhone maker's stock. Fink seems to be in a good position, better than pretty much anyone else, to tell Apple to quit, or at least limit the buybacks. And yet there is no record he has. And Apple certainly hasn't curbed its stock buybacks.
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- Investing
- Region
- North America