Economic Consequences of Corporate Social Responsibility
Cristiana Manescu
Broschiertes Buch

Economic Consequences of Corporate Social Responsibility

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Does the socially responsible behaviour of corporations affect their profitability? How can corporate socially responsible (CSR) behaviour be measured so as to meaningfully compare firms' CSR performance across industries, e.g. manufacturing and banking sector? Why do "responsible investments" appear to generate excess return? These are just some of the questions that this book attempts to answer by relying on sound analysis and state-of-the-art econometric techniques. The results reveal that CSR activities do not generally have a negative effect on profitability, but that in the few cases whe...