- Title
- Towards understanding corporate dilemma about social responsibility
- Creator
- Nayak, Ravi; Venkatraman, Sitalakshmi; Moyeen, Abdul
- Date
- 2009
- Type
- Text; Conference paper
- Identifier
- http://researchonline.federation.edu.au/vital/access/HandleResolver/1959.17/68718
- Identifier
- vital:3671
- Identifier
- ISBN:9780230328259
- Abstract
- This empirical research examines the relationship between corporate social performance outcome (CSPO) and corporate financial performance outcome (CFPO) in 85 Australian corporations as perceived by their managers. The correlation analysis of the data shows a positive, but low magnitude relationship between CSPO and CFPO. Based on our finding, we argue that the notion of enlightened self-interest is defunct and recommend stringent government policies and increased community pressure for making corporations more socially responsible.
- Publisher
- Karnataka, India : Macmillan Publishers India
- Relation
- Paper presented at International Conference on Business Ethics and Corporate Responsibility, ICBECSR' 09, Karnataka, India : 3rd-5th December 2009 p. 387-396
- Rights
- Copyright Macmillan Publishers India
- Rights
- This metadata is freely available under a CCO license
- Subject
- Corporate social responsibility; Enlightened self-interest; Profitability; Corporate social performance; Corporate citizenship; Business ethics; Corporate social responsiveness; Corporate behavior
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