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February, 200
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How business can save the world
Boston Globe and Boston.com
,  February 17, 2008
By Matthew Battles
 

When Milton Friedman famously stated that "the social responsibility of business is to increase profits," he furnished ammunition to both free market evangelists and their critics.

In a number of articles in business and law journals, Timothy L. Fort and Cindy A. Schipani have argued that businesses that employ, train, and empower women, foster attitudes of civil engagement in the workplace, and encourage stability in governance can produce positive effects on environmental stewardship and civic life.

       

NBC's Silverman sells production company
Los Angeles Times
, February 14, 2008
By Meg James

  NBC Entertainment co-Chairman Ben Silverman on Wednesday sold his television production company to London-based Shine Ltd., owned by media baron Rupert Murdoch's daughter Elisabeth, for $125 million.

Last week, instead of the traditional process of ordering a pilot to evaluate a series' chances, NBC committed to six episodes of "Kath & Kim." Several ethics experts questioned NBC's handling of the Silverman situation. Some said NBC would have avoided any conflict by buying Reveille in June, before the surge in sales as Silverman began recommending Reveille shows, or forcing Silverman to immediately divest.

"How do you second-guess a star producer in an artistic venue that is inherently subjective?" asked Thomas Donaldson, a business ethics professor at the Wharton School at the University of Pennsylvania. He called the sale "too little too late."

       
   
       

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