Has a high correlation between a company's social responsibility and its competitive advantage and financial performance been empirically proven?

What will be an ideal response?


The jury is still out on the correlation between CSR and stock price performance and competitive advantage. Corporate social agendas that address generic social issues may help boost a company's reputation, but it is still not yet conclusive whether or not they contribute to improving its competitive strength in the marketplace. For example, a two-year study of leading companies found that improving environmental compliance and developing environmentally friendly products enhance earnings per share, profitability, and the likelihood of winning contracts. Also, the stock prices of companies that rate highest on social and environmental performance criteria have been found to perform 35 to 45 percent better than the average of the 2,500 companies comprising the Dow Jones Global Index, Finally, a review of some 135 studies indicated there is a positive, but small, correlation between good corporate behavior and good financial performance; only 2 percent of the studies showed that dedicating corporate resources to social responsibility harmed the interests of shareholders.

Business

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A leader who makes sure the personal and social needs of followers are met is displaying ______.

A. country club behaviors B. authority compliance behaviors C. middle-of-the-road behaviors D. team behaviors

Business

Lewin’s stage of refreezing is best described by which of the following options?

a. A stage where no further changes happen in the organization b. A stage after a change project has failed where things go back to the way they were c. Organization should freeze as firmly as possible no matter what happens around them so that the change really sticks d. Once changes have been implemented, this stage is when new patterns and routines are formed around the new change

Business

Decreases in taxes lead to decreases in disposable income.

Answer the following statement true (T) or false (F)

Business

The security requirements are: confidentiality, integrity, availability, authenticity, and __________

What will be an ideal response?

Business