Risk Management, Real Options, Corporate Social Responsibility

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 allow...

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Bibliographische Detailangaben
1. VerfasserIn: Husted, Bryan W. (VerfasserIn)
Medienart: Elektronisch Aufsatz
Sprache:Englisch
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Veröffentlicht: Springer Science + Business Media B. V 2005
In: Journal of business ethics
Jahr: 2005, Band: 60, Heft: 2, Seiten: 175-183
weitere Schlagwörter:B Corporate Social Responsibility
B Real options
B Risk Management
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Zusammenfassung: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.
ISSN:1573-0697
Enthält:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-005-3777-1