In this paper, we study the risk-aversion behavior of an agent in the dynamic framework of consumption/investment decision making that allows the possibility of bankruptcy. Agent's consumption utility is assumed to be represented by a strictly increasing, strictly concave, continuously...

The aim of this article is to explain the transition from implicit CSR to explicit CSR that has taken place in Scandinavia over the last two decades. Matten and Moon’s (Academy of Management Review, 33:404–424, <CitationRef CitationID="CR39">2008</CitationRef>) distinction between implicit and explicit CSR is the point of departure for...</citationref>