Corporate Responsibility and Financial Performance: The Paradox of Social Cost - Hardcover

9780899309217: Corporate Responsibility and Financial Performance: The Paradox of Social Cost
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The core idea of corporate social responsibility, the notion that companies have a responsibility beyond legal requirements, is by now deeply embedded in the corporate cultures of the largest U.S. companies. The authors suggest that productive debate now focuses on the following two issues. First, what are the impacts of existing corporate social responsibility programs for the corporation? And, second, what constitutes the precise contours of this responsibility? This book explores these two themes.

The issue of how corporate social responsibility affects individual companies engaged in socially responsible activities is not well understood. Further, the distinction between legitimate and illegitimate corporate social responsibility activities has not always been clearly drawn. This book, therefore, is designed to fill in some of the gaps in our understanding. This is done by carefully organizing and reviewing the relevant and growing literature on corporate social responsibility. In addition, this book reports on the results of two original empirical studies designed to further explore the relationship between corporate social responsibility and traditional financial performance. This book has profound implications for business executives and researchers in finance, accounting, business ethics, and business and society.

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Book Description:

Huge corporations possess the power to control the quality of life of employees, customers, shareholders and residents of their local communities.

From the Publisher:
Many reasons suggest placing this book on the shelves of every university library, especially those supporting business schools. It summarizes the most important implications discovered in over 20 years of empirical and theoretical research on "corporate social responsibility" (CSR) and provides a firm ground to continue discussion on these vital issues of modern American business.

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  • PublisherPraeger
  • Publication date1995
  • ISBN 10 0899309216
  • ISBN 13 9780899309217
  • BindingHardcover
  • Edition number1
  • Number of pages192

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Book Description Hardcover. Condition: new. Hardcover. The core idea of corporate social responsibility, the notion that companies have a responsibility beyond legal requirements, is by now deeply embedded in the corporate cultures of the largest U.S. companies. The authors suggest that productive debate now focuses on the following two issues. First, what are the impacts of existing corporate social responsibility programs for the corporation? And, second, what constitutes the precise contours of this responsibility? This book explores these two themes.The issue of how corporate social responsibility affects individual companies engaged in socially responsible activities is not well understood. Further, the distinction between legitimate and illegitimate corporate social responsibility activities has not always been clearly drawn. This book, therefore, is designed to fill in some of the gaps in our understanding. This is done by carefully organizing and reviewing the relevant and growing literature on corporate social responsibility. In addition, this book reports on the results of two original empirical studies designed to further explore the relationship between corporate social responsibility and traditional financial performance. This book has profound implications for business executives and researchers in finance, accounting, business ethics, and business and society. The core idea of corporate social responsibility, the notion that companies have a responsibility beyond legal requirements, is by now deeply embedded in the corporate cultures of the largest U.S. companies. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780899309217

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