Modelling the trade-off between profits and principles

被引:16
作者
Graafland, JJ [1 ]
机构
[1] Tilburg Univ, NL-5000 LE Tilburg, Netherlands
来源
ECONOMIST-NETHERLANDS | 2002年 / 150卷 / 02期
关键词
Social Responsibility; External Factor; International Economic; Public Finance; Economic Model;
D O I
10.1023/A:1015656901927
中图分类号
F [经济];
学科分类号
02 ;
摘要
Corporations discover that social responsibility pays off. However, sometimes doing what is ethical will prove costly to a company. The purpose of this article is to clarify this trade-off by developing an economic model that describes the choice between profits and principles. The model is used to analyse how external factors like a change in consumer interests and competitiveness affect the relationship between profits and principles.
引用
收藏
页码:129 / 154
页数:26
相关论文
共 41 条
[21]  
2-3
[22]   Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts [J].
Mitchell, RK ;
Agle, BR ;
Wood, DJ .
ACADEMY OF MANAGEMENT REVIEW, 1997, 22 (04) :853-886
[23]  
*NRC, 2000, 992000 NRC, P18
[24]  
Pissarides C., 1990, EQUILIBRIUM UNEMPLOY
[25]   Disinvestment from South Africa: They did well by doing good [J].
Posnikoff, JF .
CONTEMPORARY ECONOMIC POLICY, 1997, 15 (01) :76-86
[26]   Medical malpractice insurance: The reputation effect and defensive medicine [J].
Quinn, R .
JOURNAL OF RISK AND INSURANCE, 1998, 65 (03) :467-484
[27]   The effect of published reports of unethical conduct on stock prices [J].
Rao, SM ;
Hamilton, JB .
JOURNAL OF BUSINESS ETHICS, 1996, 15 (12) :1321-1330
[28]   Comparative dynamic analysis of the full Grossman model [J].
Ried, W .
JOURNAL OF HEALTH ECONOMICS, 1998, 17 (04) :383-425
[29]  
SCOTTM, 1994, CO CONSCIENCE INTIMA
[30]  
*SER, 2001, WINST WAARD