The financial crisis of 2007/08 has caused many to question the basic premises of the current business system and the financial service industry in particular. In a recent article, Michael Porter and Mark Kramer suggest that corporations should aim to regain legitimacy by pursuing shared value...

Part I. Socially oriented enterprises : health and fair trade -- ch. 1. Ndlovu : the clock ticks / Charles Corbett and Sarang Deo -- ch. 2. Wellcome : growth of a social enterprise (2006-2012) / Magdalena Kloibhofer and Karin Kreutzer -- ch. 3. Madecasse : competing with a 4x fairtrade business...

‘Business as usual’ has come under heavy scrutiny. Public outrage over crooked corporate officers, the looting of pension funds, the defrauding of stockholders, and the wholesale firing of hardworking employees has reached a new high (see e.g. Jackson and Nelson 2004; Pirson 2007). Not only the...

The financial crisis of 2007/08 has caused many to question the basic premises of the current business system (Kaletsky, 2010). Porter and Kramer (2011) suggest that the purpose of the corporation needs to be redefined. They posit that the corporation, rather than merely pursuing financial value...