Even philanthropy should be ruled under governance principles

Can you imagine a multi-billionnaire business-man giving out his fortune without any compensation ? I took a little bit time over last week to read a very interesting article tilted “Dark side of giving : the rise of philanthro-capitalism”, from Naren Karunakaran, ET Bureau, Mar 25,2011. Most of the blow is about the Bill &.. read more →

Qualifying philanthropy as the art of giving requires explanation on what is giving

  In some cases, the approach should be inspired from the strategy of private equity. Redefine what giving is If we refer to the definition of philanthropy, the prominent idea is the unlimited way to make it a reality. Some authors speak about a “private initiatives for the public good” (John W. Gardner), a “voluntary.. read more →