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Marketers and investors face a heated, provocative debate over whether excelling in social responsibility initiatives hurts or benefits firms financially. This study develops a theoretical framework that predicts (1) the impact of corporate social performance (CSP) on firm-idiosyncratic risk and...
Persistent link: https://www.econbiz.de/10013064013
Although the sustainable development (SD) is associated with the triple balance of economic, social and environmental areas, we raised a question: whether it is an achievable goal for ordinary business units to develop sustainably. The theoretical research substantiates the contradictory essence...
Persistent link: https://www.econbiz.de/10011989211
This essay on Corporations is a chapter in an upcoming volume on economic theology edited by Stefan Schwarzkopf.The secular study of corporations has long regularly focused on three sets of concerns: (1) Is the idea of corporate “personhood” only a convenient shorthand for a complex set of...
Persistent link: https://www.econbiz.de/10012850918
In recent years, a number of international and cross-sectoral initiatives have attempted to respond to the human rights impacts of corporations. Foremost among these is the United Nations’ 2008 “Protect, Respect, and Remedy” Framework and its Guiding Principles on Business and Human...
Persistent link: https://www.econbiz.de/10014159905
The corporation is one of the most important institutions in contemporary society, yet it is an incoherent and under theorised construct. Debates about corporate models tend to ignore the important social and political implications of the various models, and among other things, the public...
Persistent link: https://www.econbiz.de/10014164962
The economic crisis that began in 2008 has been perceived as a structural crisis of capitalism itself. It turned out that the irresponsibility and lack of ethical integrity of business, compounded by the globalization process, may have destructive consequences. In this situation, corporate...
Persistent link: https://www.econbiz.de/10013073477
Dieser Beitrag analysiert die Einbettung des Unternehmens über Corporate Social Responsibility (CSR) in das Wirtschaftssystem. CSR wird dabei als freiwilliges Engagement der Unternehmen verstanden, das dazu beiträgt, etwaige Lücken zwischen gesellschaftlichen Vorstellungen und...
Persistent link: https://www.econbiz.de/10009424459
Persistent link: https://www.econbiz.de/10003292832
This study examines the relationship between corporate philanthropy (CP) and firm access to bank loans using a sample of listed Chinese companies. We find a positive association between CP and access to bank loans, suggesting that charitable contributions provide firms with an advantage in...
Persistent link: https://www.econbiz.de/10013034481
While business-NGO partnerships have received much attention in recent years, insights have been obtained from research in ‘stable' contexts, not from conflict-ridden countries where such collaboration may be even more crucial in building trust and capacity and in addressing governance...
Persistent link: https://www.econbiz.de/10013093755