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News

Wicklander Chair Daryl Koehn comments on corporate apologies in Listed magazine article.


The Best Reasons to Structure Your Social Business as a B Corp.
by Jason Haber for Entrepreneur.com – April 28, 2016
Two new corporate designations should help you if you decide to become a social entrepreneur: Certified B Corps and benefit corporations. Both are designed to galvanize social entrepreneurship community and further its goals. [read more...]


Social Purpose vs. Benefit Corporations: Small Distinction, Big Difference
by Brad Edmondson for triplepundit.com – Mar 1, 2016
Corporate lawyers often react negatively to benefit corporations. "I thought the idea was kooky at the first meeting," says William Clark, a partner at Philadelphia law firm Drinker Biddle & Reath. "The law is impractical and unworkable," says Michael Hutchings, a partner at DLA Piper in Seattle.
Clark's first meeting happened in late 2008. His client was Jay Coen Gilbert, the co-founder of B Lab, who hired him to write model legislation for an entirely new kind of corporate form — a benefit corporation, which requires directors to pursue a social mission and minimize their environmental impact while also making a profit. [read more...]


Events

DePaul Business Ethics Symposium & Case Competition
October 7 , Loop Campus 12:30 - 5:30 p.m.

The event will include a business ethics workshop, case competition and awards ceremony.

Event Details:

  • Team competition (2 DePaul students)
  • Teams will present their solution to business professionals
  • Attendees will receive a workshop lecture covering key business ethics concepts
  • Teams will receive a case to solve in 30 minutes
  • Teams have 12 minutes to present the case and answer judge's questions
  • The top team in each level will receive an award
  • This event will be a significant benefit to your resume and business knowledge
  • Limited to first 100 students who register

Register now at Eventbrite.com.


The Ethics of Bitcoin
November 2 at 4:00 - 5:00 p.m.
Union League Club of Chicago - 65 W. Jackson Blvd., Chicago, IL 60604

Bitcoins are a new, computer-generated digital currency. This currency functions independently of institutions such as central banks and, therefore, authorities tend to mistrust it. Powerful computers create bitcoins in a process called "mining," which is comprehensible to the digital cognoscenti but not to the general public.

What are the implications of digital currencies for the global economy? What are the ethical concerns concerning the development and use of bitcoins? To answer these and other questions, on November 2 the Union League Club of Chicago and DePaul University's Institute for Business and Professional Ethics present a forum with global finance expert Dr. Kara Tan Bhala, President and Founder of the Seven Pillars Institute for Global Finance and Ethics.

A lecturer at the University of Kansas, Dr. Tan Bhala has extensive experience in global finance. From 1992-2001, she was a Managing Director of Merrill Lynch and the Senior Portfolio Manager of the Merrill Lynch Dragon Fund and Emerging Tigers Fund. Before running these funds, Dr. Tan Bhala was a portfolio manager with Fiduciary Trust International, where she ran the Far East equity portion of the United Nations Pension Fund. Her Seven Pillars Institute highlights and analyzes issues of moral philosophy in global financial markets with a view to enhancing ethical practice and policy.

Our forum begins with a reception and registration at 4:30 p.m., followed by the presentation at 5:00 and adjournment at 6:30. Complimentary refreshments will be provided. While this event is presented on a complimentary basis, advance registration is requested. Please note: the Union League Club of Chicago maintains a "business casual" dress code – i.e., no jeans/denim. For more information on the November 2 forum, please contact the ULCC Public Affairs office at (312) 435-5946.

Register now at Eventbrite.com.


The Institute hosts events that cover a variety of subjects, industries and communities. Subscribe to our newsletter. For more news and info, read our Benefit Corporations Blog.​