October 25, 2016

Who Said That?

Florida's quote of the day

| 2/27/2014

"There are dollar amounts for patents, licenses, customer relationships, trademarks, but we don’t usually try to assess the value of a company’s social responsibility."

-- Peter Gampel, the director of business valuation at the accounting firm Fiske & Company in Florida

Ever since the term “corporate social responsibility” became popularized in the 1960s, it’s been used to cover a broad swath of ethical issues, including those that affect the environment, human rights, supply-chain sustainability, consumers and transparency with corporate governance. All of the world’s largest companies have corporate social responsibility programs; indeed, according to a 2013 study by Boston College’s Center for Corporate Citizenship, 97% of surveyed companies reported being allocated a discreet operating budget for corporate citizenship, compared with 81% in 2010. So it seems safe to say that CSR is a business approach that is here to stay.

Read more at Forbes.

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Florida Trend Video Pick

Construction Crews Cheer on Patients
Construction Crews Cheer on Patients

While construction at Johns Hopkins All Children's research and education building is underway, workers help to cheer on patients going through infusion treatments with a dance party.

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