Corporate Responsibility and Financial Performance: The Paradox of Social Cost

by Moses L. Pava and Joshua Krausz

0 ratings • 0 reviews • 0 shelved
Book cover for Corporate Responsibility and Financial Performance

Bookhype may earn a small commission from qualifying purchases. Full disclosure.

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.

  • ISBN10 0899309216
  • ISBN13 9780899309217
  • Publish Date 30 August 1995
  • Publish Status Active
  • Publish Country US
  • Publisher ABC-CLIO
  • Imprint Praeger Publishers Inc
  • Format Hardcover
  • Pages 192
  • Language English