Kiva: Micro-Financing on Steroids!
Kiva is an incredible place where by the click of a button you can help someone across the world get access to money they never could have gotten before. Kiva is a micro financing site that connects you to people in need. Kiva users can look a thousands of micro-finance loans across the world. These are people who are applying for loans that conventional banks would never grant them because they are to poor and don’t have the collateral to... Read More
What is Corporate Social Responsibility?
A businessman is happily laughing with his wife at the dinner table having a wonderful meal. He is in an exceptionally good mood today. He has just invested almost all of his retirement money in a business called WorldCom. Thankfully, their stock is soaring higher than they had ever expected. He decides to invest all of his spending money and spare cash, too. It seems like a good investment. About a month later, WorldCom... Read More
Sarbanes-Oxley: Good Idea or Bad Idea?
Few acts of legislation have rocked the financial and accounting world like Sarbanes-Oxley did in 2002. When it was passed into law it was considered by many to be one of the most far reaching bills for businesses ever. It was made as a result of scandals like Enron and WorldCom. It has cost companies millions of dollars to implement the changes needed to comply with Sarbanes-Oxley and has discouraged companies from even becoming public... Read More