Yunus Library

Social Business and Muhammad Yunus

Last Updated : 8th August, 2015

Social business, as the term had once been commonly used, was first defined by Nobel Peace Prize laureate Prof. Muhammad Yunus and is described in his books Creating a world without poverty—Social Business and the future of capitalism and Building Social Business—The new kind of capitalism that serves humanity's most pressing needs. In these books, Yunus defined a Social Business a business: Created and designed to address a social problem A non-loss, non-dividend company, i.e. ...