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When Principles Pay: Corporate Social Responsibility and the Bottom Line
Geoffrey Heal
€ 33.99
€ 24.98
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Description for When Principles Pay: Corporate Social Responsibility and the Bottom Line
Hardback. Asks whether profit maximization and the generation of value for shareholders is compatible with policies that support social and environmental goals. This book presents an examination of how social and environmental performance affects a corporation's profitability and how the stock market reacts to a firm's social and environmental behavior. Series: Columbia Business School Publishing. Num Pages: 288 pages, 10 illus., 7 tables. BIC Classification: KJG. Category: (P) Professional & Vocational. Dimension: 234 x 161 x 23. Weight in Grams: 532.
Stories of predatory lending practices and the reckless destruction of the environment by greedy corporations dominate the news, suggesting that, in business, ethics and profit are incompatible pursuits. Yet some of the worst lenders are now bankrupt, and Toyota has enjoyed phenomenal success by positioning itself as the green car company par excellence. These trends suggest that antisocial corporate behavior has its costs, especially in terms of the stock market, which penalizes companies that have poor environmental track records and rewards more socially conscious brands. The political context of our economy is rapidly changing, particularly in regard to incentives ... Read more
Stories of predatory lending practices and the reckless destruction of the environment by greedy corporations dominate the news, suggesting that, in business, ethics and profit are incompatible pursuits. Yet some of the worst lenders are now bankrupt, and Toyota has enjoyed phenomenal success by positioning itself as the green car company par excellence. These trends suggest that antisocial corporate behavior has its costs, especially in terms of the stock market, which penalizes companies that have poor environmental track records and rewards more socially conscious brands. The political context of our economy is rapidly changing, particularly in regard to incentives ... Read more
Product Details
Format
Hardback
Publication date
2008
Publisher
Columbia University Press New York
Number of pages
288
Condition
New
Series
Columbia Business School Publishing
Number of Pages
288
Place of Publication
New York, United States
ISBN
9780231144001
SKU
V9780231144001
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Geoffrey Heal
Born in Bangor, North Wales, Geoffrey Heal has lived on three continents and combines a life-long interest in nature with a fascination with the details of how societies work. He is Garrett Professor of Public Policy and Business Responsibility and professor of economics and finance of the Columbia Business School. His research and practical experiences range from technical aspects of ... Read more
Reviews for When Principles Pay: Corporate Social Responsibility and the Bottom Line
Geoffrey Heal's scholarly work on environmental economics, the role of the state in economic life, and other contributions to economic analysis have been of great importance and wide reputation. He has now prepared a widely accessible yet careful and responsible study of the extent to which corporations can profit by adherence to socially valuable norms. The exposition makes no assumption ... Read more