Corporate social responsibility (CSR) focuses on how companies treat their stakeholders. A stakeholder group often overlooked to the shareholders of the company. Too often, the literature of the social responsibility of the company focuses on customers, employees and the natural environment, but rarely to shareholders. The aim of this article is the impact of the company on its shareholders expressed their corporate governance practices. If a company can not adequately treat their shareholders, what hope is there for other stakeholders? In this sense, we argue that there are forces in the labor market that enhance good practice in CSR.
Philip L. Cochran
Source: Business Horizons
Date Posted: November 15, 2008. Prod #: BH304-PDF-ENG
Corporate social responsibility, corporate governance and financial performance: lessons from the case of solutions Finance