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Case study- The Solidarity Fund and Gildan Activewear, Inc.
1. What is the purpose of the Solidarity Fund? Do you think it represents an example of social investment? Why or why not?
2. Do you believe the evidence in the case shows Gildan Activewear to be a socially re¬sponsible company, or not?
3. What evidence do you find in the case of the benefits and of the costs of globalization?
4. In what ways did the Solidarity Fund attempt to use its position as an institutional inves¬tor to try to influence Gildan Activewear?
5. What are the arguments for and against a decision by the Solidarity Fund to divest from (sell its investments in) Gildan Activewear?
6. What do you think the Solidarity Fund managers should do now, and why?
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Imagine you are the financial controller of XYZ Ltd a corporation that is a very large donor to HOHO. You have recently become aware that its TV advertising has resulted in the charity violating the 25% expenditure ratio for its charity drive. Id..
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