Harvard Business School
Corporate Social Responsibility in a Downturn
A short Harvard Business School piece about Corporate Social Responsibility in rough economic times contends that it is more important than ever for companies to push CSR programs when times are tough. This echoes the sentiments in some pieces I’ve posted recently such as the one that discussed the importance of spending on quality initiatives even when the economy is hurting.
Corporate Social Responsibility in a Downturn. Q&A with V. Kasturi Rangan. August 3, 2009. By Martha Lagace. HBS Working Knowledge.
Gray Markets and Multinational Transfer Pricing
Harvard Business School often publishes longer papers about concepts we cover in class. I was alerted to one released today that deals with transfer pricing, specifically with regard to “gray market” goods. Gray market goods are those that are meant to be sold in one geographic region but because shipping and discovery costs are so low they become available in different markets. An example would be prescription drugs that are made in the USA but intended for sale in Canada making there way back into the US marketplace. Another would be VW autos meant for sale in Europe being privately shipped to North America for use because doing so is cheaper than purchasing goods through the normal wholesale/retail channels.
Visit this link to read the executive summary and abstract:
http://hbswk.hbs.edu/item/6136.html
Or access the PDF report directly at:
http://www.hbs.edu/research/pdf/09-098.pdf
This paper is very in-depth and beyond the scope of what we cover in class in terms of transfer pricing, but it may be interesting to you nonetheless. Consider looking it over if you have time as the first several pages are fairly easy reading, but once it dives into the mathematical models and such it gets overwhelming rather quickly.