The Charitable Ownership Advantage: Strange if Not True
TL;DR: The same business is worth more under charitable ownership. Stakeholders prefer companies whose profits go to charity, and in managerial capitalism, changing ownership doesn’t change operations. You get the preference advantage without the operational tradeoffs of other ethical models. For this to be false, something strange would have to happen between documented preferences and […]
From Charity Choice to Competitive Advantage: The Power of Profit for Good
Imagine a world where every purchase you make helps save lives or protect the environment. This is the promise of Profit for Good (PFG) businesses.
What is Profit for Good?
A very simple way of thinking about Profit for Good Businesses is that it is like a normal business, except charities are in the position that shareholders are in normal businesses. This is to say, profits, or the money a business makes minus its costs, benefit charities.