Coverart for item
The Resource When principles pay : corporate social responsibility and the bottom line, Geoffrey Heal

When principles pay : corporate social responsibility and the bottom line, Geoffrey Heal

Label
When principles pay : corporate social responsibility and the bottom line
Title
When principles pay
Title remainder
corporate social responsibility and the bottom line
Statement of responsibility
Geoffrey Heal
Title variation
Corporate social responsibility and the bottom line
Creator
Author
Subject
Genre
Language
eng
Summary
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 that operate outside the marketplace in a strict and narrow sense and involve interactions between corporations and nongovernmental organizations (NGOs), activist groups, regulatory bodies, consumers, and civil society. These interactions can significantly color a corporation's alternatives, making socially or environmentally harmful behavior much less attractive. British Petroleum, for example, has voluntarily reduced its greenhouse gas emissions over the past ten years, Starbucks, has changed the environmental impact of its coffee production, and Nike and other footwear and textile makers now monitor the labor conditions of their subcontractors. When Principles Pay jumps headfirst into this engaging and vital issue, asking whether profit maximization and the generation of value for shareholders is compatible with policies that support social and environmental goals. Geoffrey Heal presents a comprehensive 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. He looks at socially responsible investment (SRI), reviewing the evolution of the SRI industry and the quality of its returns. He also draws on studies conducted in a wide range of industries, from financials and pharmaceuticals to Wal-Mart and Monsanto, and focuses on the actions of corporations in poor countries. In conclusion, Heal analyzes how social and environmental performance fits into accounting and corporate strategy, presenting an executive perspective on the best way to develop and implement these aspects of a corporation's behavior
Member of
Cataloging source
E7B
http://library.link/vocab/creatorName
Heal, G. M
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
Columbia Business School Publishing
http://library.link/vocab/subjectName
  • Social responsibility of business
  • Profit
  • Industrial management
  • Social justice
  • Business ethics
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • Business ethics
  • Industrial management
  • Profit
  • Social justice
  • Anreiz
  • Soziale Verantwortung
  • Unternehmen
Label
When principles pay : corporate social responsibility and the bottom line, Geoffrey Heal
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 247-262) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Social, Environmental, and Financial Performance -- 3. Socially Responsible Investment -- 4. Financial Institutions and Social and Environmental Performance -- 5. Pharmaceuticals and Corporate Responsibility-- 6. Wal-Mart and Starbucks -- 7. Interface and Monsanto -- 8. Outsourcing -- 9. Getting Rich by Selling to the Poor -- 10. Cell Phones and Development -- 11. Measuring Corporate Responsibility -- 12. Social and Environmental Policies and Corporate Strategy -- 13. Conclusions
Control code
ocn808344593
Dimensions
unknown
Extent
1 online resource (xiii, 271 pages)
Form of item
online
Isbn
9780231512930
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/ctt272041
  • 3fd5ecdc-2a55-432e-b725-2c0b95df76b8
Specific material designation
remote
System control number
(OCoLC)808344593
Label
When principles pay : corporate social responsibility and the bottom line, Geoffrey Heal
Publication
Bibliography note
Includes bibliographical references (pages 247-262) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Social, Environmental, and Financial Performance -- 3. Socially Responsible Investment -- 4. Financial Institutions and Social and Environmental Performance -- 5. Pharmaceuticals and Corporate Responsibility-- 6. Wal-Mart and Starbucks -- 7. Interface and Monsanto -- 8. Outsourcing -- 9. Getting Rich by Selling to the Poor -- 10. Cell Phones and Development -- 11. Measuring Corporate Responsibility -- 12. Social and Environmental Policies and Corporate Strategy -- 13. Conclusions
Control code
ocn808344593
Dimensions
unknown
Extent
1 online resource (xiii, 271 pages)
Form of item
online
Isbn
9780231512930
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/ctt272041
  • 3fd5ecdc-2a55-432e-b725-2c0b95df76b8
Specific material designation
remote
System control number
(OCoLC)808344593

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