Peak Performance

Although it may not have a duty to maximize shareholder gains, MEC does recognize a responsibility to members. According to Social and Environmental Responsibility Manager Denise Taschereau, what sets MEC apart from conventional business models is its broad perspective on the needs of members and th...

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Bibliographic Details
Published inAlternatives journal (Waterloo) Vol. 31; no. 1; pp. 19 - 20
Main Author Shaw, Ralph
Format Journal Article
LanguageEnglish
Published Waterloo Alternatives Inc 01.01.2005
Alternatives Media, Inc
Subjects
Cooperative stores
Corporate responsibility
Endowment
Outdoor activities
Canada
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Summary:Although it may not have a duty to maximize shareholder gains, MEC does recognize a responsibility to members. According to Social and Environmental Responsibility Manager Denise Taschereau, what sets MEC apart from conventional business models is its broad perspective on the needs of members and their communities (whereas other businesses consider monetary investment returns to be their primary responsibility). MEC members may not see a direct financial return on their shares, but in effect they pass the returns on to the communities and groups that benefit from MEC's altruistic activities.
Bibliography:ObjectType-Article-2
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ISSN:1205-7398