Corporate purpose

The ‘boomerang effect’: How strategic philanthropy pays a purpose premium

Beyond the balance sheet, the act of giving generates a unique dividend for the investor

Maga supporters at a rally in January. The idea that Trump will act as a booster of small business is hardly plausible, says the writer, considering that his first administration proved better at delivering on its promises to dynastic fortunes.

Maga wants to end capitalism as we know it

Its goal is to eject the managerial corporation from its central role in the heart of the US economy

The top 1 per cent now hold a greater share of wealth than the entire middle 40 per cent; three decades ago, the reverse was true.
THE BROAD VIEW

How Americans’ trust in Big Business went from bad to worse

There was a time when the growing economy lifted everyone. These days, only the rich seem to be rising

B Lab Global lead executive, Eleanor Allen, says the Asian economy is shaping the next phase of globalisation.

B Lab, Centre for Impact Investing and Practices to accelerate growth of B Corp movement in Asia

B LAB Global and the Centre for Impact Investing and Practices (CIIP) will work together to establish the B Lab & CIIP Centre for Excellence for Asia, they said in a joint statement on Monday (Jun 19)...

B Lab Global's Eleanor Allen says the controversy surrounding Nespresso's B Corp certification has taught her and her team the importance of having both big and small companies on board, and getting them to accept each other into the community.

After early firestorm, B Lab’s chief seeks to build a stronger house

Eleanor Allen says certifying body for ‘B Corp’ sustainable companies must uphold high standards in pursuit of inclusivity

Traditional strategies that narrowly focus on financial output have become increasingly risky; long-term value is not just about immediate financial returns.

Making the transition to governance for good 

Boards and organisations must reframe their roles and the measure of value, as societies demand greater responsibility from employers, suppliers and investees

Samir Singh (left), chair of Unilever Asia, and Tony Soh, chief executive of NVPC, are launching Purpose for Growth to help SMEs on their corporate purpose journey.
TAKING HEART

Unilever, NVPC launch ‘purpose-driven’ growth programme for SMEs

UNILEVER Singapore and National Volunteer and Philanthropy Centre (NVPC) have announced a “Purpose for Growth” programme for small and medium-sized enterprises (SMEs).

The restriction highlights the more difficult environment facing investors operating in China despite Beijing’s push to improve ties globally.

China restricts overseas access to corporate registry databases

CHINESE financial data providers have recently stopped providing key corporate information to overseas clients, underscoring the growing difficulty foreign firms face when trying to obtain information...

Having fearless board directors who protect the interests of small shareholders will help increase participation by investors in the local bourse.
SENSE & CENTS

Fearless directors, more than diverse boards, will help drive shareholder value creation

It is crucial to have board members with the right character, not just the right skills or credentials