RT Article
T1 Risk Management, Real Options, Corporate Social Responsibility
JF Journal of business ethics
VO 60
IS 2
SP 175
OP 183
A1 Husted, Bryan W.
LA English
PB Springer Science + Business Media B. V
YR 2005
UL https://www.ixtheo.de/Record/178562413X
AB The relationship of corporate social responsibility to risk management has been treated sporadically in the business society literature. Using real options theory, I develop the notion of corporate social responsibility as a real option its implications for risk management. Real options theory allows for a strategic view of corporate social responsibility. Specifically, real options theory suggests that corporate social responsibility should be negatively related to the firm’s ex ante downside business risk.
K1 Risk Management
K1 Real options
K1 Corporate Social Responsibility
DO 10.1007/s10551-005-3777-1