MFI Decoded Series
A page within Menard Family Initiative
Volume 1 - Corporate Social Responsibility
In "Moral Imperative and Market Forces: Legislation and Corporate Social Responsibility," Dr. Anup M. Nandialath, Associate Professor of Management at UWL, examines CSR's evolution from altruism to strategic integration within businesses, noting challenges like greenwashing.
Through a focused analysis of India's Companies Act of 2013, Dr. Nandialath discusses the impact of mandatory CSR, highlighting increased investments and drawbacks. He raises questions about the feasibility of similar regulations in countries like the United States, emphasizing the need for evaluations considering industry and societal objectives.
Read his insightful observations here:
Volume 2 - Empowering Innovation
In "Empowering Innovation: The Nexus of Economic Freedom and Entrepreneurship," Dr. Israt Jahan, Assistant Professor of Economics at UWL, explores how economic freedom impacts entrepreneurship, emphasizing the importance of policies that enhance economic freedom to boost entrepreneurial activity. Economic freedom, characterized by minimal government intervention, strong property rights, and competitive markets, is essential for fostering entrepreneurship. Complementary factors such as access to finance, supportive infrastructure, and a culture of risk-taking also play significant roles.
Using statistical data, theories, and case studies, the paper demonstrates that economic freedom increases business creation and innovation, minimizes challenges, and improves access to finance. It highlights the specific challenges faced by female entrepreneurs and discusses targeted policies from various countries that support women in business.
Read her insightful observations here:
