Word: joneses
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In their new book, Multi-nationals in their Communities, two British academics look at well-run CSR projects and how they help the communities where they operate. Ian W. Jones, a management lecturer at Oxford University, and Michael G. Pollitt, a reader in business economics at Cambridge University, co-direct...
TIME: What are some ways in which it does go wrong? jones: There are examples of companies being pressured by local communities to build a hospital or town hall in exchange for the right to build a pipeline. But the truth will out ... If you start doing those things, at...
TIME: Strict free marketeers might argue that corporations already pay taxes to governments to deal with social and environmental problems. Jones: But if, by engaging in the community, a company can do more good than just by putting money back into society through its investors, it should do so ... Equally...
Federal Reserve Chair Ben S. Bernanke ’75 and the Federal Open Market Committee voted to slash the target federal funds rate, the overnight rate at which banks can lend to each other, by half a percentage point yesterday to four-and-three-quarters percent—a...
SOUTH HAMILTON—The chortling horses, long-handled mallets, and cries of celebration returned to Gibney Field yesterday. The Harvard Polo Club, which has struggled to find a permanent place at the University since the late 19th century, jockeyed to victory in its first game of the school year...