When do Firms Invest in Corporate Social Responsibility? A Real Option Framework
In this paper, the process for firms to decide whether or not to invest in corporate social responsibility is treated from a real option perspective. We extend the Husted (J Bus Ethics 60:175–183, 2005) framework with an important extra parameter that allows us to understand the timing of CSR invest...
Authors: | ; ; |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2016
|
In: |
Journal of business ethics
Year: 2016, Volume: 137, Issue: 1, Pages: 15-29 |
Further subjects: | B
M14
B CSR B G31 B Reputational risk B K42 B G13 B D81 B Real options B Optimal timing B Stakeholder Management |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |