Corporate social responsibility: An economic and financial framework

Geneva Papers on Risk and Insurance: Issues and Practice

Volumn 30, Issue 3, 2005, Pages 387-409

  Heal, Geoffrey ^a  

^a The Sanford C Bernstein Co Center for Leadership and Ethics   (United States)

Author keywords

Corporate social responsibility; CSR; Environmental responsibility; Risk management; Socially responsible investment; SRI

Indexed keywords

EID: 23944432135     PISSN: 10185895     EISSN: None     Source Type: Journal    
DOI: 10.1057/palgrave.gpp.2510037     Document Type: Conference Paper

References (32)

1. Angel, M. (2004) The Truth About the Drug Companies: How They Deceive Us and What to Do About It, New York: Random House.
2. Austin, J.E. and Reavis, C. (2003) 'Harvard Business School case "Starbucks and Conservation International'", Case 9-303-055, Boston, MA: Harvard Business School Publishing.
3. Baron, D.P. (2003) Business and Its Environment, 4th Edition, Upper Saddle River, NJ: Prentice-Hall.
4. Bator, F.M. (1958) 'Anatomy of market failure', The Quarterly Journal of Economics 72: 351-379.
5. Beltratti, A. (2004) The complementarity between corporate governance and corporate social responsibility, Bocconi University, December 2004.
6. Bhagwati, J. (2004) In Defence of Globalization, New York: Oxford University Press.
7. Conroy, M.E. (2001) 'Can Advocacy-Led Certification Systems Transform Global Corporate Practices? Evidence, and Some Theory', Program on Development, Peacebuilding, and the Environment, Political Economy Research Institute (PERI) University of Massachusetts, Amherst, September 2001.
8. Dasgupta, S., Hong, J.H., Laplante, B. and Mamingi, N. (2004) 'Disclosure of environmental violations and the stock market in the Republic of Korea', World Bank Policy Research working paper 3344, June 2004.
9. Dasgupta, S., Laplante, B. and Mamingi, N. (2001) 'Pollution and capital markets in developing countries', Journal of Environmental Economics and Management 42: 310-335.
10. Dowell, G., Hart, S. and Yeung, B. (2000) 'Do corporate global environmental standards create or destroy market value?' Management Science 46: 1059-1074.
11. Friedman, M. (1971) 'The Social Responsibility of Business is to Increase its Profits', The New York Times Magazine, 13 September 1970.
12. Geczy, C.C., Stambaugh, R.F. and Levin, D. (2003) 'Investing in socially responsible mutual funds', working paper, The Wharton School of the University of Pennsylvania, May 2003.
13. Greenfield, Z. (2004) 'The Equator principles: A new industry framework for environmental and social standards in global project finance lending', Paper based on an internship at Citigroup as part of Columbia Business School's Social Enterprise Program (MBA 05 Columbia Business School).
14. Hamilton, J.T. (1995) 'Pollution as news: media and stock market reactions to the toxics release inventory data', Journal of Environmental Economics and Management 28: 98-113.
15. Harrison, A. and Scorse, J. (2003) 'The Nike Effect: Anti-sweatshop activists and labor market outcomes in Indonesia', working paper, UC Berkeley Department of Agricultural and Resource Economics.
16. Heal, G. (2000) 'Environmental disaster - not all bad news', Financial Times, 30 October.
17. Hopkins, M. (2004) 'Corporate social responsibility: an issues paper', working paper No. 27, ILO, Geneva.
18. IMD (2003) 'Monsanto's Genetically Modified Organisms: The Battle for Hearts and Shopping Aisles', Institute for Management Development, Lausanne, Switzerland.
19. King, A.A. and Lennox, M.J. (2001) 'Does it really pay to be green? An empirical study of firm environmental and financial performance', Journal of Industrial Ecology 5(1).
20. Krugman, P. (1999) 'Enemies of the WTO: Bogus arguments against the World Trade Organization', http://slate.msn.com/id/56497/, posted Wednesday, 24 November at 12:30 AM PT.
21. Livesey, S. (1993) 'McDonald's and the Environment (A)', Harvard Business Case School 9-391-108.
22. Magretta, J. (1997) 'Growth through global sustainability: an interview with Monsanto's CEO Robert Shapiro', Harvard Business Review on Business and the Environment, chapter 3, Boston, MA: Harvard Business School Publishing.
23. Montgomery, D.B. and Ramus, C.A. (2003) 'Corporate social responsibility reputation effects on MBA job choice', Research Paper No. 1805, Stanford Graduate School of Business, May 2003.
24. OECD (2003) 'Guidelines for multinational enterprises', www.oecd.org/daf/investment/guidelines.
25. Reinhardt, F. (2000) 'Global Climate Change and BP Amoco', Harvard Business School Case N9-700-106.
26. Reitz, H. (2000) 'Charles Veillon, S.A. (A)', Harvard Business School Case 9-398-011.
27. The Business Enterprise Trust (1991) 'Merck & Co., Inc A, B, C and D', Case 9-99-021.
28. The Economist (2003) 12 December.
29. The Economist (2004) 4 November, in "Corporate Storytelling".
30. Vagelos, P.R. and Galambos, L. (2004) Medicine Science and Merck, New York: Cambridge University Press.
31. Vietor, R. and Reinhardt, F. (1995) 'Starkist (A)', Harvard Business School Case 9-749-128.
32. Watkins, M. (2003) 'Robert Shapiro and Monsanto', Harvard Case 9-801-4266 January 2, 2003.