It is time to take a hard look at the universally accepted principle that the goal of business is to maximize shareholder value.

Although the concept seems entrenched in business practice, it actually originated in a 1976 article by two business school professors at the University of Rochester who postulated that corporate executives act as agents on behalf of the (more…)

The rapid expansion of roads across the rural mountains of Southeast Asia often triggers unintended environmental consequences that in many cases undermine the socioeconomic benefits, according to an article in the journal Nature Geoscience.

While international organizations have supported (more…)