Each region of the world has its common problems, and yet people in each country have found their own indigenous solutions to the issue of how small businesses should and can grow into mid-sized and then larger businesses. Various models exist including bank financing, micro credit ala Grameen, Venture Capital (VC) and cooperative enterprises like […]
A long-running debate about the purpose of business has exposed some of the differences between Western and Asian approaches to corporations. While the Western model has long focused on creating shareholder value, companies and governments in South Asia, including Pakistan, have tended to agree – but also emphasise their contributions to development of societies, economies […]
By Philip Kotler & Nancy Lee All across the world corpo-rations are learning and perhaps the hard way – that success and failure is measured not just by how much money they make in terms of profits, but also by how much effort they make to stand up to their social respon-sibility as a “good […]
An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today. (Evan Esar) What has happened to CSR since I started working on the subject over ten years ago? My involvement with CSR was stimulated by the feeling that the public agencies with which we had worked ” ILO, […]
