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Michael Liffman, director of CSI partner, the Asia Pacific Centre for Social Investment and Philanthropy at Swinburne University, recently delivered a paper on ‘Mobilisi
The conference, ‘Enhancin
Professor Liffman's paper gave a fresh take on contemporary corporate philanthropy by updating a schema first proposed by the twelfth century Egyptian philosopher Maimonides on the eight modes of charity, ranging from the least to the most virtuous.
Maimonides least virtuous form of charity - "to give sadly" - converts to "giving for purely self-interested commercial reasons" in Liffman's update. The most virtuous form of giving identified by the philosopher - "To give a loan or a job rather than a gift, so preserving the recipient's self-respect and encouraging self help" - converts to a contemporary model for corporate social responsibility, "To give as part of a programme of strategic social investment, which has been developed in consultation with stakeholders, is consistent with other aspects of the corporation's conduct, and is informed by a wider vision of sustainable social improvement".