Home
About Us
This article written by CASE Faculty Director Cathy Clark, tackles what do America's CEOs want to change about corporate governance.
Clark shares what the Business Roundtable, a lobbying group composed of the nation's leading CEOs, have released in a new Statement on the Purpose of a Corporation signed by 181 CEOs.
Clark highlights the key ideas in the release including: 1) The purpose of a corporation in the US is to promote an economy that serves all Americans; 2) US CEOs should move away from the notion that the sole purpose of business is to maximize profits for shareholders; and 3) Businesses share a fundamental commitment to serve all of their stakeholders.
There has been a big reaction to the release and Clark has observed interpretations on two opposite poles: The Air Traffic Control group and The Show Us the Money group. Clark also shares a brief guide to some actions being proposed.
If the companies do take the actions to make their intentions real, Clark says that, truthfully, "we won't know unless they start measuring and reporting on the impact they are having on other stakeholders."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Fast fashion is here to stay, at least according to a new report from the European Commission, which notes that by 2050, the fashion industry is expected to be responsible for more than one-third of...more
The global impact investing market was valued at $478.15 billion in 2023, and is expected to reach $550.52 billion by 2024, at a compound annual growth rate (CAGR) of 15.1%, according to a new...more
India and Indonesia are two of the world's fastest-growing countries, with working-age populations that "far outweigh some of the region's largest economies," according to Ian Samson, a portfolio...more
Italy's national electricity grid is looking to the futureand it's using drones to help it do so. The country's national electricity grid, Terna, plans to invest $50 million in Italian startups...more
If you're an investor in Nigeria's stock market, you're in for a big surprise at a conference next month. The director general of the country's security and exchange commission, Emomotimi Agama,...more
The Peace Corps has been operating in Nepal since its founding 62 years ago, but the country's civil war in the mid-'80s forced the agency to lay off most of its workers, the New York Times...more
Foundation: Case Foundation
Jean Case, who rose to fortune and fame as an executive at American Online, has been a fan of impact investing since before it had that name. It looks to invest in projects and companies that...more
Marissa Feinberg is a PR and branding expert known for her work in the fields of social design, coworking, and psychedelic therapy, but she's now found herself in the spotlight for something else...more
Want to start a business in 2024? Finances.com has some ideas: VR Gaming Center: Virtual reality is a booming field, and a VR gaming center could take advantage of the $165.91 billion VR is expected...more
Foundation: Ontario Trillium Foundation
"It helped me see that I can help guide, encourage, and... connect with my children to be who they are meant to be in this world." So says one mom of a 9-year-old who's now thriving after...more
Social Entrepreneurship
Spotlight
5 Steps to Social Innovation
While philanthropy, social responsibility and corporate governance all already play a role, we will probably see more powerful contributions when companies embed social innovation into their core business strategies and operations.
