Franklin Research & Development Corp. launches Investors' Pasquinade; Parody of Predators' Ball discusses widening scope of investment returns to include social yields.BOSTON--(BUSINESS WIRE)--April 1, 1996--Franklin Research & Development Corp. is launching the first annual Investors' Pasquinade, a conference to bring together leading investment advisors, corporate executives, pension trustees and scholars for an in-depth debate on investment returns. The presentations and discussions will center on how planning for long-term social and environmental benefits can expand the scope of returns for both individual and institutional investors and be part of a successful business management strategy. The conference, the first annual Investors' Pasquinade, will be held May 5, 6, and 7, at the Park Plaza Hotel The Plaza Hotel in New York City is a landmark 19-story luxury hotel with a height of 250 feet (76 m) and length of 400 feet that (122 m) occupies the west side of Grand Army Plaza, from which it derives its name, and extends along Central Park South in Manhattan. in Boston. Featured speakers include Denis Hayes Denis Hayes (1944- ) is a leading environmental activist and proponent of Solar power. He rose to prominence in 1970 as the coordinator for the first Earth Day. Denis Hayes was born in Wisconsin in 1944, but predominantly raised in the small town of Camas, Washington. , president of the Bullitt Foundation The Bullitt Foundation is a foundation established in 1952 by Dorothy S. Bullitt, who founded King Broadcasting Company in Seattle. Its assets in the late 1990s were in excess of US$100M [1]. and national coordinator of Earth Days 1970 and 1990; Alan Hevesi Alan G. Hevesi (born January 31, 1940) hails originally from Queens, New York and is of Jewish descent.[1] He is the former Comptroller of the State of New York. , comptroller of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; The Honorable Joseph P. Kennedy II; Professor Rosabeth Moss Kanter Rosabeth Moss Kanter is a tenured professor in business at Harvard Business School, where she holds the Ernest L. Arbuckle Professorship. She has written numerous books on business management techniques, particularly change management. of Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ; Joan Shapiro, executive vice president, South Shore Bank of Chicago; and Timothy H. Smith, executive director, Interfaith Center on Corporate Responsibility The Interfaith Center on Corporate Responsibility (ICCR) is a coalition of 275 faith-based institutional investors. Founded in 1973, the organization advocates for corporate social responsibility and files shareholder resolutions and engages in dialogue with corporate management on , among others. In addition, corporate executives from a range of companies will share their views on how to successfully balance financial returns with such complex and pressing business concerns as health care, pension costs and environmental responsibility. Expanding the Investment Debate "Short-term investment strategies can destroy our environment, enrich Wall Street at the expense of Main Street and imperil im·per·il tr.v. im·per·iled or im·per·illed, im·per·il·ing or im·per·il·ling, im·per·ils To put into peril. See Synonyms at endanger. the quality of life of the very people who own the capital -- the pensioners, the unions, the charities, the individuals," said Joan Bavaria, founder and president of Franklin Research & Development. "The Investors' Pasquinade will look at what comprises return over and above traditional bottom-line numbers and present a broader measurement of success. We will highlight examples, discuss opportunities and tensions, and examine timely issues." The Investors' Pasquinade will provide an annual look at investment strategies that yield healthy financial, social and environmental returns. It is designed to offer long-term alternatives to the money-centered, short-term investment strategy exemplified by the Predators' Ball, the opulent 1980s investment community gathering which became synonymous with synonymous with adjective equivalent to, the same as, identical to, similar to, identified with, equal to, tantamount to, interchangeable with, one and the same as acquiring monetary gains at any expense. The word "Pasquinade" -- a parody -- originated in medieval Rome. Investment Tensions and Opportunities The Pasquinade will kick off at 7 p.m. on Sunday, May 5, with a keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. on creating sustainable economies by Denis Hayes of the Bullitt Foundation. His presentation will be followed by a benefit cabaret for community loan funds by John Stewart John Stewart may be:
Over the next two days, the conference will explore the "Tensions and Opportunities" of balancing competitive investment returns with positive social outcomes. It also will explore issues as diverse as: - Civilizing Cyberspace, examining how new modes of communication influence our civilization and how capital flow influences new modes of communication; - Employee and Workplace Issues, focusing on the 100 Best Companies to Work For in America and what makes these companies the best; - Environmental Reporting, looking at the benefits that the emergence of public environmental reports offer to shareholders and the public; - Environmental and Sustainable Business A business is sustainable if it has adapted its practices for the use of renewable resources and holds itself accountable for the environmental and human rights impacts of its activities. , exploring issues key to the sustainability of businesses; - Alternative Investing, using innovative finance mechanisms to target money where it is most needed -- the community and small businesses; - Targeted Banking, looking at how investors can leverage their banking business to trigger socially positive change. Company Presentations On Tuesday, May 7, more than 20 companies from Franklin's list of investment opportunities will present their short and long-term outlooks with a special focus on the interests of individual and institutional investors. Each company has successfully integrated long-term visionary thinking with long-term financial health. For example: - Samuel W. Bodman, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cabot Corp., will provide a global perspective on this Fortune 300 company's businesses in specialty chemicals, materials and energy; - Lifeline Systems President and CEO Ronald Feinstein will demonstrate his company's renowned personal emergency response system, which allows the elderly and chronically ill to continue living at home; - Irwin L. Gross, chairman and president of ICC ICC See: International Chamber of Commerce Technologies, will discuss a recent joint venture and stock offering with Engelhard Corp. in the development and marketing of a revolutionary, energy-efficient air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. system; - Children's Broadcasting President Christopher T. Dahl will examine radio programming for children from an entertainment industry perspective. Transportation Parade A parade of alternative modes of transportation -- ranging from skate boards to new solar and electric vehicles -- is scheduled for noon on Monday, May 6. Manufacturers and builders will be available to answer questions and a prize will be awarded for the most creative entry. The parade, sponsored by General Motors, will be followed by an introduction from Kathleen Douglas Stone, chief of the City of Boston's Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, Cabinet, and by a presentation on energy conservation and alternative transportation by Amory B. Lovins, research director at the Rocky Mountain Institute The Rocky Mountain Institute (RMI) is an organization in the United States dedicated to research, publication, consulting, and lecturing in the general field of sustainability, with a special focus on profitable innovations for energy and resource efficiency. , a nonprofit resource policy center. Franklin Research & Development, founded in 1982, is the largest and oldest investment advisory firm dedicated to helping its clients meet financial and social goals. The Boston-based firm, an employee-owned company with offices in Boston, San Francisco, and Durham, N.C., has $410 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Special corporate sponsorship for the Investors' Pasquinade is provided by the South Shore Bank of Chicago, with additional sponsorship from the Interfaith Center on Corporate Responsibility. -0- Note to Editors: The registration form follows: -0-
Contact: Johnny Wong
Solem & Associates
415/788-7788
solem@solem.com
Media Registration & Accommodations
Registration due Friday, April 19, 1996
Please print clearly
Registration Please fax this back to Johnny Wong, Solem & Associates, fax number 415/788-7858. Name: Title: Organization: Mailing Address: City: State: Zip Code: Phone: Fax: E-mail address: I prefer to receive press materials via (check preference): Mail: Fax: E-mail: I am interested in attending the Investors' Pasquinade on (check preference): May 5 May 6 May 7 All three days Accommodations The Pasquinade will take place at Boston's Park Plaza Hotel. The Park Plaza is reserving a number of rooms for Pasquinade attendees at special rates, $140 per night for a single and $160 per night for a double. These rates exclude room tax, currently 9.7%. If you will be staying at the hotel, be sure to mention that you are attending the Franklin Research & Development conference to receive these special room rates. Accommodations are subject to availability. Contact the hotel for information.
The Park Plaza Hotel
64 Arlington Street
Boston, MA 02116-3912
800/225-2008 or 617/426-2000
-0- CONTACT: Solem & Associates, San Francisco Barbara J. French, 415/788-7788 solem@solem.com World Wide Web site: http://www.pasquinade.com. |
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