To what extent do companies benefit - Essay Example

Only on StudentShare

Extract of sample
To what extent do companies benefit

Such actions suggest that corporations will increasingly be held accountable for activity of concern to multiple stakeholder groups. As a result there will likely be a renewed interest in identifying the dimensions and consequences of corporate social responsibilities.
Cameron has suggested that multiple perspectives of organizational effectiveness exist and that "consensus regarding the best, or sufficient, set of indicators of effectiveness is impossible to obtain" (1986: 541). The same arguments can be made regarding social performance as a specific aspect of overall corporate performance. Social responsibility continues to be a poorly defined as well as difficult to measure concept. There appears to be no real agreement as to what constitutes social performance. What is indicated, however, is the need to apply measures which address multiple criteria of social performance. This study attempts to specify the underlying dimensions of a multiple measure of corporate social responsibility and investigate the relationship between corporate social performance and multiple measures of financial performance. For the purposes of this study, corporate social performance represents a measure of a firm's attentiveness to multiple stakeholder groups. ...
Download paper


Corporate social responsibility as an area of scientific inquiry has received little attention in the popular and academic press during the last decade. Efforts to investigate social responsibility and its relationship to corporate performance have been frustrated by a lack of adequate operationalizations and measures of social responsibility…
Author : laurianepurdy

Related Essays

Discuss to what extent the existence of corporate and personal taxes could affect companies' dividend policy and capital structure decisions.
Dividends could be said to be the reward for the shareholders' participation in contributions towards the corpus of company and its management. The dividend policy plays a crucial role in the financial operations of corporate in the UK because it is closely dependent on current profits and also future profitability of the entity. As per law, Companies could distribute dividends, only out of earnings or reserves of the Company, since otherwise; it would amount to paying back its own capital to the shareholders. Thus, a Company could only distribute dividends out of its accumulated profits and...
12 pages (3012 words) Essay
Merging Companies
It lasted till 1929. 1940 saw the mergers due to tax relief. The next wave came in the wake of booming economy and rising stock prices and lasted as conglomerate merger from 1965 to 1969. The fourth merger wave was of mega merges from 1981 to 1989 due to expanding economy, technical developments and international competitions. The strategic restructuring wave lasted from 1992 to 2000. It was again due to the expanding economy, rising stock prices, technical developments and globalization....
5 pages (1255 words) Essay
Multinational Companies
Multinational companies have previously enjoyed the benefits of competitive advantage in the respective markets as a result of their ability to position themselves in the market and exploit resources. However, the values of competitive advantage are under threat as a result of increasing competition, and also the volatility in the market. For example, clothing companies were able to exploit the low cost labour market in some parts of the world, but improved communication links and the Internet have resulted in public outcry over perceived exploitation. The countries involved in supplying these...
14 pages (3514 words) Coursework
Cost Benefit Analysis
[Refer to Appendix B]...
36 pages (9036 words) Essay
Discuss to what extent the existence of corporate and personal taxes could affect companies' dividend policy and capital structure.
Coming to the aspect of Dividend Policies, Capital structure decisions and taxation academic literature has similarly differed and presented varying views. The leading theory here is the MM theory discussed below based on which the paper explores the literature pertaining to the simultaneous effect of both the corporation tax and personal income taxes on the dividend policy and capital structure of a firm in theory. In this vein many other studies have also examined the temporal pattern of corporate dividend payout and dynamic dividend behavior based on varying tax codes.(MA Lasfer 1996).
14 pages (3514 words) Essay
To what extent should the financial reporting practices of public sector organizations differ from those used by companies in the private sector?
Hence the financial accounting system is to be very strict to ensure the uniform justice. Making them profit driven is crucial for the whole nation as will add further to the gross domestic product of the country and for generating higher employment. In addition the reforms in public sector are needed for following factors which also decide the style of financial reporting in public enterprises....
8 pages (2008 words) Essay
Companies would benefit from using a multidomesric [polycentric] strategy in prefernce to a global marketing strategy [Anon] Discuss.
eriod of time since Dunning (1977) has driven home the point of why and how does a Multinational Enterprises (MNE) obtain this advantage away from their home bases. He developed the eclectic paradigm that explains the various factors that influence the MNE’s to decide on Internationalization through Foreign Direct Investment (FDI)....
20 pages (5020 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!