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Author: Jegoo Lee Publisher: ISBN: Category : Languages : en Pages : 33
Book Description
Purpose:This paper aims to propose and test a modified interpretation of long-standing issues on the corporate responsibility (CR)-corporate financial performance (CFP) relationship: companies involved in CR are in general no better and no worse in their level of financial performance than companies without such engagement because of the trade-off between benefit and cost at firm level and imbalance between supply and demand at industry (market) level.Design/methodology/approach:The authors apply this frame to a data set with more than 12,000 observations over a 14-year period, using confidence intervals, as a useful and statistically valid approach for testing the null hypothesis.Findings:The present study's findings support neutrality between CR and CFP at the firm and industry levels, implying that a firm's CR involvement neither penalizes nor improves its CFP.Research limitations/implications:CR activities may provide windows of opportunity for companies but do not systematically improve financial performance.Practical implications:“Doing good” is not a panacea for corporate achievement with respect to market-facing activities. For firms to succeed, instead, they need to create and implement their business cases and models by converting their involvement in CR activities into drivers for better outcomes because investments in CR practices do alone not guarantee improved financial performance.Originality/value:The innovations in this study are twofold. Conceptually, this paper proposes a comprehensive approach for a neutral CR-CFP linkage. Empirically, it introduces a novel and appropriate method for testing neutrality. These will mark an important advance in the theoretical and empirical debates over CR and CFP.
Author: Jegoo Lee Publisher: ISBN: Category : Languages : en Pages : 33
Book Description
Purpose:This paper aims to propose and test a modified interpretation of long-standing issues on the corporate responsibility (CR)-corporate financial performance (CFP) relationship: companies involved in CR are in general no better and no worse in their level of financial performance than companies without such engagement because of the trade-off between benefit and cost at firm level and imbalance between supply and demand at industry (market) level.Design/methodology/approach:The authors apply this frame to a data set with more than 12,000 observations over a 14-year period, using confidence intervals, as a useful and statistically valid approach for testing the null hypothesis.Findings:The present study's findings support neutrality between CR and CFP at the firm and industry levels, implying that a firm's CR involvement neither penalizes nor improves its CFP.Research limitations/implications:CR activities may provide windows of opportunity for companies but do not systematically improve financial performance.Practical implications:“Doing good” is not a panacea for corporate achievement with respect to market-facing activities. For firms to succeed, instead, they need to create and implement their business cases and models by converting their involvement in CR activities into drivers for better outcomes because investments in CR practices do alone not guarantee improved financial performance.Originality/value:The innovations in this study are twofold. Conceptually, this paper proposes a comprehensive approach for a neutral CR-CFP linkage. Empirically, it introduces a novel and appropriate method for testing neutrality. These will mark an important advance in the theoretical and empirical debates over CR and CFP.
Author: Rüdiger Bittner Publisher: Oxford University Press ISBN: 0197681085 Category : Philosophy Languages : en Pages : 225
Book Description
"The book is to show that the aim of thinking about what to do, of practical reason, is to find, not what we ought to do, but what is a good thing to do for us under the circumstances. So it argues, first, that neither under prudence nor under morality there are things we ought to do. There is no warrant for the idea of our being required, by natural law perhaps or by our rationality, to do either what helps us attain our ends or what is right for moral reasons. While common moral understanding is committed to there being things we ought to do and to our being guilty and deserving blame if we fail to do them, we can lay aside these notions without loss, indeed with benefit. Second, it explains what it is for something to be good for somebody to do under the circumstances and argues for understanding practical reason in these terms. What is good for somebody to do we find by experience: from what we go through we learn what helps and what hinders and figure out on this basis both what is prudentially useful and what is morally right to do - although in the end this difference itself gives way, and morality turns out to be a part of prudence"--
Author: A. Franklin Publisher: Springer Science & Business Media ISBN: 9401153345 Category : Science Languages : en Pages : 320
Book Description
In this collection of essays Allan Franklin defends the view that science provides us with knowledge about the world which is based on experimental evidence and on reasoned and critical discussion. In short, he argues that science is a reasonable enterprise. He begins with detailed studies of four episodes from the history of modern physics: (1) the early attempts to detect gravity waves, (2) how the physics community decided that a proposed new elementary particle, 17-keV neutrino, did not exist, (3) a sequence of experiments on K meson decay, and (4) the origins of the Fifth Force hypothesis, a proposed modification of Newton's Law of Universal Gravitation. The case studies are then used to examine issues such as how discord between experimental results is resolved, calibration of an experimental apparatus and its legitimate use in validating an experimental result, and how experimental results provide reasonable grounds for belief in both the truth of physical theories and in the existence of the entities involved in those theories. This book is a challenge to the critics of science, both postmodern and constructivist, to provide convincing alternative explanations of the episodes and issues discussed. It should be of interest to philosophers, historians, and sociologists of science, and to scientists themselves.
Author: American Bar Association. House of Delegates Publisher: American Bar Association ISBN: 9781590318737 Category : Law Languages : en Pages : 216
Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Author: Benjamin Gregg Publisher: Cambridge University Press ISBN: 1108897525 Category : Political Science Languages : en Pages : 275
Book Description
Human genetic enhancement, examined from the standpoint of the new field of political bioethics, displaces the age-old question of truth: What is human nature? This book displaces that question with another: What kind of human nature should humans want to create for themselves? To answer that question, this book answers two others: What constraints should limit the applications of rapidly developing biotechnologies? What could possibly form the basis for corresponding public policy in a democratic society? Benjamin Gregg focuses on the distinctly political dimensions of human nature, where politics refers to competition among competing values on which to base public policy, legislation, and political culture. This book offers citizens of democratic communities a broad perspective on how they together might best approach urgent questions of how to deal with the socially and morally challenging potential for human genetic engineering.
Author: Güler Aras Publisher: Taylor & Francis ISBN: 1317159551 Category : Business & Economics Languages : en Pages : 284
Book Description
Companies can no longer expect to engage in dubious or unethical corporate behaviour without risking their reputation and damaging, perhaps irrevocably, their market position. Irresponsible corporate behavior not only deprives shareholders of long-term returns but also ultimately imposes a cost on society as a whole. Sustainable business is about ensuring that entities contribute toward positive social, environmental, and economic outcomes. Bad business behaviour is costly for stakeholders, for markets, for society, and the economy alike. To ensure that a company behaves well, the buy-in of the leadership team is crucial. The full commitment of the board of directors, in conjunction with the senior managers of the organization, is required if an organization is to be socially responsible. In this sense, leadership does not reside with an individual (the CEO) within the organization but with all of those at the apex of corporate power and control. Effective change management requires enlightened and capable leadership to instigate and drive the process of embedding a sustainable and socially responsible corporate philosophy and culture that supports good business decision-making. A profound understanding of the requirements of such a leadership process will help corporate managers become highly effective change agents. Governance will be the main driver of this change. For the economy and financial markets to become sustainable and resilient, radical changes in corporate leadership need to take place. Integrated reporting, government regulation, and international standards will all be important factors in bringing about this change. As well as understanding the effects of corporate behavior on financial markets, such an understanding is also now imperative in relation to the social and environmental contexts.
Author: Craig J.J. McCann Publisher: Routledge ISBN: 0429755643 Category : Political Science Languages : en Pages : 186
Book Description
In 2011 the U.K. Government reviewed its counter terrorism Prevent Strategy to include "all forms of extremism" with an emphasis on right-wing extremism. This book - written by the former Head of Strategy and Policy at the Office of the National Coordinator for Prevent - provides the most detailed assessment yet of this shift in emphasis. It explores how the inclusion of right-wing extremism within the counter terrorism Prevent Strategy impacted local responses to the English Defence League. This is explored through numerous interviews and several case studies which were carried out by the author while he was serving as a senior police officer within the Counter Terrorism Command of the Metropolitan Police Service. The book balances empirical research with practical recommendations for policymakers and practitioners from a unique "insider" perspective. This book will be of appeal to an array of audiences including scholars and students of Terrorism Studies, professionals working in the areas of counter terrorism, public order policing and the promotion of community cohesion, and to those who have an interest in wider non-political responses to right-wing extremism.
Author: Jegoo Lee
Author: Jegoo Lee
Author: Rüdiger Bittner
Author: A. Franklin
Author: American Bar Association. House of Delegates
Author: Benjamin Gregg
Author: Güler Aras
Author: 
Author: Kate A. Moran
Author: Craig J.J. McCann
Author: