Risk management, real options, and corporate social responsibility

被引：171
|
作者：
Husted, BW [1 ]
机构：
[1] EGADE, ITESM, Tecnol Monterrey & Inst Empresa, Monterrey 64849, NL, Mexico
来源：
JOURNAL OF BUSINESS ETHICS | 2005年 / 60卷 / 02期
关键词：
corporate social responsibility; real options; risk management;
D O I：
10.1007/s10551-005-3777-1
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The relationship of corporate social responsibility to risk management has been treated sporadically in the business and society literature. Using real options theory, I develop the notion of corporate social responsibility as a real option and its implications for risk management. Real options theory allows for a strategic view of corporate social responsibility. Specifically, real options theory suggests that corporate social responsibility should be negatively related to the firm's ex ante downside business risk.
引用
收藏
页码：175 / 183
页数：9
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