Understanding the importance of corporate governance is critical for all companies, even small- to medium-companies. Good corporate governance can help companies to build business integrity and plays a role in risk management.
What is Corporate Socialism? Definition & Examples
Socialism has been around in various forms for nearly 250 years, originating in the French Revolution of the late 1700s. It’s based on the core theory that governments should use central planning to control their economies and distribute wealth and assets to the population. In other words, wealth
How to Become a Minority-Owned Business
A certified minority-owned business enjoys many benefits. Some of them include state funding and accessibility to more business contracts. But to get the certification, your business must qualify as minority-owned.
What is the Pyramid of Corporate Social Responsibility?
In 1991, Archie B Carroll wrote a paper that was destined to change the dynamics of ethics in business and reshape questions of corporate social responsibility. His paper The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders aimed at the
What is Shared Governance? What You Need to Know
Shared governance is one of the ideal methods to create an inclusive culture in organizations and institutions. But how exactly does this model work? Read further to find out.
How to Start Investing in Women-Owned Businesses
Investing in women is critical, especially with the spotlight shining on gender equality. There is more to investing in women than simply offering more jobs or giving a voice to common female concerns. The true female investment will yield a range of benefits for women, their children, their