It is emphasized that the term 'business' has been misinterpretd by economists as just wealth creation. Bangladesh Nobel laureate Muhammad Yunus called for establishing a 'social stock market' in which companies doing good for society will be-listed. Apart from creating wealth business also involved doing good to people. It is time to have a social stock exchange for companies which do good for society on a no-profit no-loss basis. Yunus founder of Bangladesh's Grameen Bank engaged in micro-finance, said the above during on interaction. The 2006 Nobel peace prize recipient said, Grameen Bank in tie up with a french company had started a nutritious yoghurt manufacturing venture recently. "We are not looking for profits from the company and are happy to get back our investments in it and will be giving the profit for community development." Such companies can be listed on the social stock market and people can invest in the company of their choice.
"Rather than the money it creates, the bottom-line for such companies will be how are they helping people and how are their cost-effectiveness."
Criticising the modern micro-finance institutions which are looked to as a "good business" Yunus said, "Micro credit and money lending are getting mixed, Many lend money and call it micro finance.