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February, 2008
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How business can
save the world
Boston Globe and Boston.com,
February 17, 2008
By Matthew Battles |
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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. |
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NBC's Silverman sells production company
Los Angeles Times, February
14, 2008
By Meg James |
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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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