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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主要作者: Husted, Bryan W. (Author)
格式: 電子 Article
語言:English
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出版: Springer Science + Business Media B. V 2005
In: Journal of business ethics
Year: 2005, 卷: 60, 發布: 2, Pages: 175-183
Further subjects:B 企業社會責任
B Real options
B Risk Management
在線閱讀: Volltext (JSTOR)
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實物特徵
總結: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
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-005-3777-1