News: Yunus calls for a stock market for social firms

(DNA 31/01/2007) Mumbai - Nobel laureate Professor Muhammad Yunus has called for a separate stock market for socially oriented companies and a social MBA course. Yunus's Grameen Trust, a micro-credit programme that follows the Grameen Bank of Bangladesh's approach to poverty alleviation, is due to open an office in Mumbai today. The stock exchange would primarily list firms doing social work, allowing investors to put their money in a company that is involved with the kind of social work the investor wants to do, the economist said. The social MBA course would be for people who can be hired by companies that are not interested in making money but in reaching social goals.