11.12.07
An Idea whose time has come…
I just returned from a two week trip, and per usual I stacked my bag with all the reading that continues to pile up at my desk. One report I brought along to actually re-read is titled “Creating an Ethical Stock Exchange” by Jamie Hartzell. It provides a thoughtful analysis of how an exchange might work, details of how it could work (functions, ownership, listing requirements) and how to think through market listing criteria and the pricing of stocks and bond - and a honest conclusion of some of the main barriers to developing an exchange. This is a good - and quick (27 pages) - analysis I would recommend which you can download from the Skoll Centre for Social Entrepreneurship at the Said Business School at Oxford (home to the Skoll World Forum 2008). This report is actually one of a few quite interesting working papers from the Skoll Centre - others listed are on social innovation, two on venture philanthropy and a new(er) one that I am just reading now on critical concepts and writings on social capital markets- titled “From Fragmentation to Function“ from Jed Emerson and Joshua Spitzer. Read on - and discuss!