Social Business: A Revolutionary Idea in the Field of Poverty Alleviation

Authors

  • Sayema Hoque Lecturer in Accounting, Department of Business Administration, IIUC, Chittagong

DOI:

https://doi.org/10.3329/iiucs.v8i0.20404

Keywords:

Poverty alleviation, social responsibility, social business, business model

Abstract

Poverty is one of the major problems around the world. Prof. Dr. Muhammad Yunus has come up with a revolutionary idea to solve that problem by introducing the social business concept which emphasizes a combined and organized effort of poverty alleviation through self-sustaining business mechanism. This paper attempts to overview of the idea, discuss current practice of social business in Bangladesh; and compare social business model with other existing business models.

DOI: http://dx.doi.org/10.3329/iiucs.v8i0.20404

IIUC Studies Vol.8 December 2011: 81-94

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Published

2014-09-10

How to Cite

Hoque, S. (2014). Social Business: A Revolutionary Idea in the Field of Poverty Alleviation. IIUC Studies, 8, 81–94. https://doi.org/10.3329/iiucs.v8i0.20404

Issue

Section

Articles - English Section