Corporate Responsibility - Does it pay to be green?

7 important questions on Corporate Responsibility - Does it pay to be green?

What are social and financial perfromance not necessarily?

An either-or trade-off.

What can improved relations with primary stakeholders (such as employees, customers, suppliers and local communities) improve? And how?

Competitiveness, but using resources on social purposes, which don't directly relate to primary stakeholders can affect profits negatively.

What type of stance of a company towards corporate responsibility can lead to improved financial and social performance?

A strategic (proactive) stance instead of a (reactive) one.
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What can stricter environmental regulation lead to?

Innovation and differentiation.

What do most studies looking at the relationship between corporate social performance and financial performance find?

A positive relationship, with little evidence of a negative relationship.

Firms are significantly more likely to adopt what type of environmental initiatives as opposed to a different type?

A moderately profitable but easy environmental initiative in comparison to a more profitable disruptive one.

According to Barnett & Salomon, 2012, there is a point where it pays to be green/responsible, when is this point reached?

This is about credibility, if you have done enough CSR that stakeholders believe you are engaged with social issues, then stakeholder will give back.

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo