Portal:Companies

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Employees of a leasing firm taking time off their regular jobs to build a house for Habitat for Humanity, a non-profit that builds homes for needy families using volunteers.

Environmental, Social, Governance (ESG); that time has passed as various companies have pledged to go beyond that or have been mandated or incentivized by governments to have a better impact on the surrounding community. In addition, national and international standards, laws, and business models have been developed to facilitate and incentivize this phenomenon. Various organizations have used their authority to push it beyond individual or industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term "creating shared value
", an extension of corporate social responsibility, to explain ways of doing business in a socially responsible way while making profits (see the detailed review article of Menghwar and Daood, 2021).

Considered at the organisational level, CSR is generally understood as a strategic initiative that contributes to a brand's reputation. As such, social responsibility initiatives must coherently align with and be integrated into a business model to be successful. With some models, a firm's implementation of CSR goes beyond compliance with regulatory requirements and engages in "actions that appear to further some social good, beyond the interests of the firm and that which is required by law". (Full article...)

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Oriental logo, from an advertisement for Panggilan Darah

Oriental Film was a film production company in Batavia, Dutch East Indies (now Jakarta, Indonesia). Established by ethnic Chinese businessman Tjo Seng Han in 1940, it completed four black-and-white films before it was closed in 1941. All the company's films were screened into the 1950s but may now be lost. They were directed by two men, Njoo Cheong Seng and Sutan Usman Karim, and launched the careers of actors such as Dhalia and Soerip.

Established during the revival of the Indies film industry, Oriental released its first film, Kris Mataram, in July 1940. It starred Njoo's wife Fifi Young, and relied on her fame as a stage actress to draw audiences. This was followed by a further three films, which were targeted at low-income audiences and extensively used kroncong music. Their final production was Panggilan Darah in 1941, which was completed after Njoo and Young had migrated to Majestic Film. Oriental was unable to recoup its expenses of renting a Dutch-owned studio, and the company was shut down. (Full article...)

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Berkshire Hathaway Inc. (/ˈbɜːrkʃər/) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Founded in 1839 as a textile manufacturer, it underwent a drastic restructuring into a conglomerate starting in 1965 under the leadership of chairman and CEO Warren Buffett and vice chairman Charlie Munger. Today, the company's earning power is diversified across a broad portfolio of subsidiaries, equity positions and other securities. Insurance is a major area of operations and the float (the retained premiums) generated serves as an important source of capital. Buffett and Munger are known for their advocacy of value investing principles and under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt.

The company's insurance brands include auto insurer GEICO and reinsurance firm Gen Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, railroads, home furnishings, machinery, jewelry, apparel, electrical power and natural gas distribution. Among its partially owned businesses are Kraft Heinz Company (26.7%), American Express (18.8%), Paramount Global (15.4%), Bank of America (11.9%), The Coca-Cola Company (9.32%) and Apple (5.57%).

Berkshire is one of the top ten components of the S&P 500 index and one of the
splitting the A shares. (Full article...
)
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