Reputational Risk and Corporate Social Responsibility: How to Make CSR Policies Attractive to Productive Corporations
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| Formato: | Artículo científico |
| Lenguaje: | en |
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Universidad Santo Tomás
2015
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| _version_ | 1876472435156451328 |
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| author | David Augusto Echeverry Botero |
| author_facet | David Augusto Echeverry Botero |
| contents | Reputational Risk and Corporate Social Responsibility: How to Make CSR Policies Attractive to Productive Corporations David Augusto Echeverry Botero Derecho Advertising competition corporations media revolution transaction cost In traditional economic theories, corporation main task is only to generate profits for the investors. However, in modern global economies, some companies have more money and power than many countries, many activist sectors and governments began to look closely at the role of those businesses in order to prevent abuses and environmental harm, and such an audit would create reputational risk that can strongly affect companies’ profits. Although some corporations undervalue Corporate Social Responsibility (CSR) policies, these could be a way to mitigate reputational risks, generate competitive advantages and new forms of competition, increase the value of the stocks and shares, and be the key to sustainable business. 2015 artículo científico 1909-0528 https://www.redalyc.org/articulo.oa?id=560258677004 en http://www.redalyc.org/revista.oa?id=5602 Via Inveniendi Et Iudicandi application/pdf Universidad Santo Tomás Via Inveniendi Et Iudicandi (Colombia) Num.1 Vol.10 |
| format | Artículo científico |
| id | redalyc_560258677004 |
| institution | Redalyc |
| language | en |
| publishDate | 2015 |
| publisher | Universidad Santo Tomás |
| spellingShingle | Reputational Risk and Corporate Social Responsibility: How to Make CSR Policies Attractive to Productive Corporations David Augusto Echeverry Botero Derecho Advertising competition corporations media revolution transaction cost Reputational Risk and Corporate Social Responsibility: How to Make CSR Policies Attractive to Productive Corporations David Augusto Echeverry Botero Derecho Advertising competition corporations media revolution transaction cost In traditional economic theories, corporation main task is only to generate profits for the investors. However, in modern global economies, some companies have more money and power than many countries, many activist sectors and governments began to look closely at the role of those businesses in order to prevent abuses and environmental harm, and such an audit would create reputational risk that can strongly affect companies’ profits. Although some corporations undervalue Corporate Social Responsibility (CSR) policies, these could be a way to mitigate reputational risks, generate competitive advantages and new forms of competition, increase the value of the stocks and shares, and be the key to sustainable business. 2015 artículo científico 1909-0528 https://www.redalyc.org/articulo.oa?id=560258677004 en http://www.redalyc.org/revista.oa?id=5602 Via Inveniendi Et Iudicandi application/pdf Universidad Santo Tomás Via Inveniendi Et Iudicandi (Colombia) Num.1 Vol.10 |
| title | Reputational Risk and Corporate Social Responsibility: How to Make CSR Policies Attractive to Productive Corporations |
| topic | Derecho Advertising competition corporations media revolution transaction cost |
| url | https://www.redalyc.org/articulo.oa?id=560258677004 |