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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

The market caps of just four companies, Apple, Alphabet, Amazon, and Microsoft, now exceed $3 trillion. Their combined assets of $944 billion are an order of magnitude lower than the combined assets of $7,700 billion of the largest 3,177 companies in 1986, when the aggregate market capitalization reached $3 trillion for the first time.

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The Big Trends Changing Community Development

Harvard Business Review

Take the example of child sponsorships, highly popular as a marketing tool for many NGOs. This point has gone relatively unheeded in the US and Europe as the economic cycle’s impact on the job market has left people willing to accept any paid work.

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