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The Economics of Corporate Responsibility – A New Model Redefining Externalities
Submitted by kgilliam on Tue, 2011-04-12 18:43.Traditional economics requires firms to take certain items into account and treat others as externalities. ResponsibilityWorks—in an effort to put the Corporate Responsibility Officers Association’s data, practices, and insights to work for government, ensuring that government and its contractors can also do well by doing good—is promoting how corporate responsibility redefines externalities with a new economic model.
To change the world, change California or change Wal-Mart…or the US Federal Government
Submitted by kgilliam on Tue, 2011-04-05 15:31.California and Wal-Mart are recognized as having far-reaching influence on our lives. California has one of the world’s largest economies. Wal-Mart’s supply chain spans huge swaths of the world economy. The US Federal government has even greater reach and impact. This is why the mission of ResponsibilityWorks is to foster and evolve corporate responsibility practices, measures, and disclosure in the government contractor community. This will help to drive transparency and accountability across the board.