Social Entrepreneurship That Truly Benefits the Poor: An Integrative Justice Approach

The phenomenal growth of social entrepreneurship over thelast decade has ably demonstrated how technology, innovation, and anentrepreneurial spirit can afford better solutions to the vexing social andenvironmental problems of our time than can traditional aid and charitybasedefforts. In most cases, but not always, the poor and disadvantagedhave benefited from the growth of social entrepreneurship. In order toensure that social entrepreneurship does indeed benefit the poor, it isimperative that there be normative guidelines for fair and just engagementwith impoverished populations. A model that has been presented in themarketing and public policy literature is the integrative justice model (IJM)for impoverished populations. While the IJM was developed primarily in thecontext of multinational corporations (MNCs) operating in emerging markets,its applicability extends beyond MNCs. This article attempts to apply theIJM principles in the context of social entrepreneurship in order to providesocial entrepreneurial organizations (SEOs) with a normative frameworkaimed at ensuring that the poor truly benefit from their activities. Basedon this framework, the article suggests certain areas to which SEOs oughtto be particularly attentive in their practice. The article also makes somesuggestions for further research

Hamilton-Jacobi Approach for Power-Law Potentials

The classical and relativistic Hamilton-Jacobi approach is applied to the one-dimensional homogeneous potential, $V(q)=\alpha q^n$, where $\alpha$ and $n$ are continuously varying parameters. In the non-relativistic case, the exact analytical solution is determined in terms of $\alpha$, $n$ and the total energy $E$. It is also shown that the non-linear equation of motion can be linearized by constructing a hypergeometric differential equation for the inverse problem $t(q)$. A variable transformation reducing the general problem to that one of a particle subjected to a linear force is also established. For any value of $n$, it leads to a simple harmonic oscillator if $E>0$, an "anti-oscillator" if $E<0$, or a free particle if E=0. However, such a reduction is not possible in the relativistic case. For a bounded relativistic motion, the first order correction to the period is determined for any value of $n$. For $n >> 1$, it is found that the correction is just twice that one deduced for the simple harmonic oscillator ($n=2$), and does not depend on the specific value of $n$.Comment: 12 pages, Late

Shareholder Engagement and Chevron’s Policy 520 on Human Rights: The Role Played by the United States Jesuit Conference’s “National Jesuit Committee on Investment Responsibility”

Purpose To demonstrate how the Society of Jesus (Jesuits) in the United States through the “National Jesuit Committee on Investment Responsibility” played a significant role as a socially conscious institutional and religious investor in influencing Chevron’s Human Rights Policy 520 and to analyze the factors that contributed to a successful shareholder engagement with the company. Methodology/approach Case study based on firsthand information. Findings Our conclusion offers support for Allen et al.’s (2012) conclusion of legitimacy (credibility) being the dominant force in a successful engagement. We found that coalition-building is a significant moderating variable in increasing shareholder salience. This finding contradicts the study by Gifford (2010). Originality/value of chapter The chapter is based on the actual process of shareholder engagement with Chevron Corporation that led to the human rights policy and is written mainly based on firsthand information

Studying light propagation in a locally homogeneous universe through an extended Dyer-Roeder approach

Light is affected by local inhomogeneities in its propagation, which may alter distances and so cosmological parameter estimation. In the era of precision cosmology, the presence of inhomogeneities may induce systematic errors if not properly accounted. In this vein, a new interpretation of the conventional Dyer-Roeder (DR) approach by allowing light received from distant sources to travel in regions denser than average is proposed. It is argued that the existence of a distribution of small and moderate cosmic voids (or "black regions") implies that its matter content was redistributed to the homogeneous and clustered matter components with the former becoming denser than the cosmic average in the absence of voids. Phenomenologically, this means that the DR smoothness parameter (denoted here by $\alpha_E$) can be greater than unity, and, therefore, all previous analyses constraining it should be rediscussed with a free upper limit. Accordingly, by performing a statistical analysis involving 557 type Ia supernovae (SNe Ia) from Union2 compilation data in a flat $\Lambda$CDM model we obtain for the extended parameter, $\alpha_E=1.26^{+0.68}_{-0.54}$ ($1\sigma$). The effects of $\alpha_E$ are also analyzed for generic $\Lambda$CDM models and flat XCDM cosmologies. For both models, we find that a value of $\alpha_E$ greater than unity is able to harmonize SNe Ia and cosmic microwave background observations thereby alleviating the well-known tension between low and high redshift data. Finally, a simple toy model based on the existence of cosmic voids is proposed in order to justify why $\alpha_E$ can be greater than unity as required by supernovae data.Comment: 5 pages, 2 figures. Title modified, results unchanged. It matches version published as a Brief Report in Phys. Rev.

Just Markets from the Perspective of Catholic Social Teaching

The justice of markets is intricately connected to the treatment of the poor and the disadvantaged in market economies. The increased interest of multinational corporations in low-income market segments affords, on one hand, the opportunity for a more inclusive capitalism, and on the other, the threat of greater exploitation of poor and disadvantaged consumers. This article traces the contributions of Catholic Social Teaching and its basic principles toward providing insight into what constitutes justice in such marketing to the impoverished situations