Maimonides in the boardroom: a new paradigm for business-social partnerships

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/24677

Title: Maimonides in the boardroom: a new paradigm for business-social partnerships
Author(s): Liffman, Michael; Tracey, Denis
Abstract: In recent years we have seen major developments in the options available in partnerships between business and not-for-profit (NFP) organisations. In times past these were limited mainly to sponsorship of sporting or cultural activities, or of the larger, established charitable bodies; but today businesses and NFP organisations are discovering that relationships can offer rewards that are both commercial and (harder to define) spiritual. Corporate managers increasingly understand the benefits (or maybe just the avoidance of ill effects) that come from corporate social responsibility, triple-bottom-line reporting and so on. Increasingly, they consider their social partnerships as investments, not donations, and they understand that, like other forms of investment, these partnerships work best if they are preceded by research and accompanied by an understanding of desired outcomes, a system for measuring effectiveness, and an exit strategy if it turns out that the investment is not going to deliver its expected results. [Introduction]
Publication type: Conference paper
Research centre: Swinburne University of Technology. Institute for Social Research
Source: VCOSS 2004 Congress, Melbourne, 5-6 August 2004
Publication year: 2004
Publisher: VCOSS