Corporate Purpose and
Financial Performance

We construct a measure of corporate purpose within a sample of US companies based onapproximately 500,000 survey responses of worker perceptions about their employers. We findthat this measure of purpose is not related to financial performance. However, high purposefirms come in two forms: firms that are characterized by high camaraderie between workers andfirms that are characterized by high clarity from…

Innovation in the 21st Century: Architectural Change, Purpose, and the Challenges of Our Time

Understanding the process of innovation has been a central concern of management researchers, but despite this progress, there remains much that we do not understand. Deepening our knowledge is critically important given the enormous environmental and social challenges we face as a society. Pursing incremental innovation will continue to be hugely important, but this paper argues that building a richer…


People say a business’s purpose is to make money, but it’s not: a business’s purpose is to fill a need for the market, and they get to thrive, as a byproduct of how well they can do that. A multimedia experience and invitation to the Laudato Si Challenge.

Ecological Economics: A Short Description

“Ecological economists share three general concerns that are neither adequately recognized in dominant academic and professional economic circles nor appropriately considered in political economic discourse,” writes Richard B. Norgaard of University of California, Berkeley

Complex systems: Ecology for bankers

There is common ground in analysing financial systems and ecosystems, especially in the need to identify conditions that dispose a system to be knocked from seeming stability into another, less happy state.

Exploring Doughnut Economics

Kate Raworth’s breakthrough framework tackling humanity’s 21st century challenge: to meet the needs of all within the means of the planet. In other words, to ensure that no one falls short on life’s essentials, while ensuring that collectively we do not overshoot our pressure on Earth’s life-supporting systems, on which we fundamentally depend.

Capital Institute

Since its founding, Capital Institute has emerged as a provocative new voice grounded in a deep understanding of mainstream finance. A sought-after and trusted New Economy resource, committed equally to groundbreaking thought leadership, deep analysis of successful and transformative Regenerative Economy models, and the collaborative sharing of knowledge with partners and an expanding community around the world.