The Shift from Shareholder Primacy to Stakeholder Value: A New Era in Corporate Governance In recent years, the landscape of corporate governance has undergone a significant transformation, moving away from the traditional model of shareholder primacy towards a more inclusive approach that emphasizes stakeholder value. This shift was notably highlighted during a gathering of leaders […]
Corporate Responsibility
Balancing Economic Profit and Social Value in Organizations
Social Profit Orientation: A New Paradigm for Business and Nonprofits In a recent article published by scholars from Texas A&M University, the concept of “social profit orientation” is explored as a transformative approach for both businesses and nonprofit organizations. The authors argue that the traditional view, famously articulated by economist Milton Friedman, which posits that […]
The Future of Sustainability Education: Penn State University’s Online Certificate Program
The Emergence of Online Non-Credit Certificate Programs in Sustainability Education On August 26, 2024, Pennsylvania State University announced the launch of a new online non-credit certificate program in sustainability, designed to meet the training needs of businesses in this critical area. Developed in collaboration with the Continuing Education department, this program is set to officially […]
Sustainable Development Excellence Certificate Program: Corporate Responsibility and Future
The Sustainable Development Excellence Certificate Program: A Collaborative Effort for a Greener Future On June 26, 2024, the University of Georgia (UGA) announced a groundbreaking partnership with the German pharmaceutical company Boehringer Ingelheim to launch the Sustainable Development Excellence Certificate Program (SDX). This initiative aims to enhance sustainable business practices within the corporate sector, particularly […]
The Importance of Greenhouse Gas Emission Verification Systems and the Innovation of Context Labs
The Importance of Verification Systems in Corporate Sustainability Efforts In an era where global corporations are increasingly committing to carbon reduction and achieving net-zero emissions, the need for robust verification systems for greenhouse gas reductions has never been more critical. Context Labs, founded by Dan Harple, a former researcher at the Massachusetts Institute of Technology […]
Research on Corporate Diversity, Equity, and Inclusion: The Impact of False Commitments
The Discrepancy Between Corporate DEI Statements and Actual Practices In recent years, the conversation surrounding diversity, equity, and inclusion (DEI) has gained significant traction within corporate America. However, a new study co-authored by Edward Watts, a professor at the Yale School of Management, reveals a troubling gap between what companies publicly declare regarding their DEI […]
Stephen Gillotte: A Model of Success through Education and Practice
The Journey of Stephen Gillotte: Innovation, Education, and Social Responsibility Stephen Gillotte, a distinguished alumnus of Virginia Tech, has made significant strides in the field of national security through his innovative leadership at Reinventing Geospatial, Inc. (RGi). His journey from a self-taught programmer to the CEO of a company dedicated to enhancing national security through […]
AI Ethics: Cansu Canca’s Human-Centered Approach
Cansu Canca’s Human-Centered Approach to AI Ethics In the rapidly evolving landscape of artificial intelligence (AI), the ethical implications of its implementation have become a focal point for scholars, businesses, and policymakers alike. Cansu Canca, a professor of ethics and the director of responsible AI practices at Northeastern University (2024 USNews Ranking: 53) , has […]
Harvard Business School’s First Board AI Ethics Forum
On July 11, 2024, Harvard Business School hosted its inaugural Board of Directors AI Ethics Forum, led by Professor Nien-he Hsieh. The forum brought together leaders from the business, government, and nonprofit sectors to discuss the ethical considerations that corporate boards face in the rapidly evolving landscape of artificial intelligence (AI). The event covered a […]
