A critical look at the concept of a world without poverty and social business

May 25, 2008

ARVIND ASHTA of Burgundy School of Business (ESC Dijon), France – CEREN
made a critical look at the concept of creating a world without poverty and social business

Abstract:
In a stimulating book, Yunus introduces the concept of social business and would like to propagate it. Two different models of social business are proposed: a profit making company owned by the poor or a non-dividend issuing company targeting social issues. The first model suffers from the ability to define poor and monitor shareholding and the living standards of shareholders. The second model suffers from the fact that liquidating dividend is sufficient for profits ultimately to be made when the mission is over. Other issues are commented upon.

Keywords: Social business, poverty, behavioral finance, stakeholder theory, economic development, microfinance

Download the document from:
Social Science Research Network
Chicago GSB
European Corporate Governance Institute
Korea University
Stanford Law School

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One Response to “A critical look at the concept of a world without poverty and social business”


  1. […] Original post by studyunus.net […]


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