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Activism seeking to improve labor conditions in global supply chains has led transnational corporations to adopt codes of conduct and monitor suppliers for compliance, but it is unclear whether these formal organizational structures raise labor standards. Drawing on thousands of audits conducted...
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Problem Definition: To manage supplier social responsibility (SR), some firms have adopted a self-assessment strategy whereby they ask suppliers to self-report SR capabilities. Self-reported information is difficult to verify and this leads to an important credibility question: can a buyer...
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Sustainability has been defined by the Brundtland Commission (Brundtland, 1987) as "meeting the needs of the present … sustainability (WBCSD - World Business Council for Sustainable Development), the latter are severely and continuously criticized for … actions that contradict their glossy sustainability reports (Holliday, 2010). However, it is often the case that such …
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We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into … operating in all major industries. Our principal findings reveal that country sustainability related to both social and … of one unit in country sustainability scores is associated with an average decrease in the costs of debt by 64 basis …
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