Modelling the Trade-off between Profits and Principles

被引:0
|
作者
Johan J. Graafland
机构
[1] Tilburg University,
来源
De Economist | 2002年 / 150卷
关键词
Social Responsibility; External Factor; International Economic; Public Finance; Economic Model;
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暂无
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学科分类号
摘要
Corporations discover that social responsibility pays off. However, sometimes doing what is ethical will prove costly to a company. The purpose of this article is to clarify this trade-off by developing an economic model that describes the choice between profits and principles. The model is used to analyse how external factors like a change in consumer interests and competitiveness affect the relationship between profits and principles.
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页码:129 / 154
页数:25
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