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Full-Text Articles in Business Law, Public Responsibility, and Ethics
Business, Profit, Partnership And The Global Common Good, Scott Kelley, Patricia Werhane, Laura Hartman
Business, Profit, Partnership And The Global Common Good, Scott Kelley, Patricia Werhane, Laura Hartman
Scott Kelley
The chapter considers the reduction of poverty through for-profit initiatives, with a critique of global corporations that take goods and services out of the "bottom of the pyramid" rather than developing new markets that provide new jobs as well as export products and services. Thus, the common good is served through economic empowerment without having to appeal to global philanthropy. An inversion of intuitive thinking is proposed whereby models for for-profit initiatives are considered that will contribute to the common good rather than using a notion of the common good to inspire global companies.
Saint Vincent De Paul And The Mission Of The Institute For Business & Professional Ethics: Why Companies Should Care About Poverty, Patricia Werhane, Laura Hartman, Scott Kelley
Saint Vincent De Paul And The Mission Of The Institute For Business & Professional Ethics: Why Companies Should Care About Poverty, Patricia Werhane, Laura Hartman, Scott Kelley
Scott Kelley
In 2006, following St. Vincent of DePaul’s commitment to serving the poor, the IBPE aligned its mission with that of DePaul University’s: “serving first-generation and underserved student populations and …addressing social issues.” This initiative was further promoted by DePaul’s new strategic plan, Vision Twenty12. As a result, IBPE enhanced its mission to include becoming a catalyst aimed to inspire companies to address the reduction of poverty both globally and locally through for-profit initiatives. There are many dimensions to the achievement of this mission, including teaching, research, and community outreach; and the Institute is just beginning this lifetime set of projects. …