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Corporate social responsibility : an economic and financial framework

Section: Articles
Title: Corporate social responsibility : an economic and financial framework / Geoffrey HealAuthor: Heal, Geoffrey
Notes: The author analyzes corporate social responsibility (CSR) from economic and financial perspectives, and he suggests how it is reflected in financial markets. CSR is defined as a programme of actions to reduce externalized costs or to avoid distributional conflicts. It has evolved in response to market failures, a Coasian solution to problems associated with social costs. The analysis suggests that there is a resource-allocation role for CSR programmes in cases of market failure through private-social cost differentials, and also where distributional disagreements are strongRelated records: En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/07/2005 Tomo 30 Número 3 2005 , p. 387-409Materia / lugar / evento: Responsabilidad social de la empresa Corporaciones Desarrollo sostenible Gerencia de riesgos Reducción de riesgos Mercados financieros Entidades financieras Secondary titles: Título: The Geneva papers on risk and insurance
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