The triple bottom line concept in economics asserts that companies should focus their efforts equally on social issues, environmental sustainability, and profits.

The theory that companies should place the same emphasis on society and the environment as they do on profits – the triple bottom line (TBL) – has been around for almost 30 years. And now I am seeing ...

Nobel Prize winner and Chicago School of Economics pillar Milton Friedman once said that a company's sole responsibility was to its shareholders. In the 1970s, while defining his "Friedman doctrine," ...

Historically, most companies have focused their time, energy and resources on their bottom lines and securing the best financial performance for their shareholders. But times are changing and people ...