Preliminary Draft - Comments Welcome CORPORATE SOCIAL RESPONSIBILITY: DOING WELL BY DOING GOOD?* RAY FISMAN GEOFFREY HEAL VINAY B. NAIR# Abstract We provide a framework for analyzing corporate social responsibility (CSR). Our model of CSR in this paper has two important ingredients – CSR is at least in part a profit motivated decision; and different CSR activities are aimed at different audiences. We examine the implications of our framework using a ‘visible’ CSR index that captures
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Solutions to Chapter 10 Introduction to Risk‚ Return‚ and the Opportunity Cost of Capital capital gain + dividend ($44 − $40) + $2 = = 0.15 = 15.0% initial share price $40 1. Rate of return = Dividend yield = dividend/initial share price = $2/$40 = 0.05 = 5% Capital gains yield = capital gain/initial share price = $4/$40 = 0.10 = 10% 2. Dividend yield = $2/$40 = 0.05 = 5% The dividend yield is unaffected; it is based on the initial price‚ not the final price. Capital gain = $36 – $40
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Good Governance in International Organisations By Ngaire Woods Final version published in Global Governance Volume 5‚ Number 1 (Jan-March 1999) (BACK to LIST) ABSTRACT Since the early 1990s many international institutions have been urging governments to conform to standards of `good governance ’. Yet the same institutions have been rather slow in applying equivalent standards to their own structures and decision-making processes. In this paper I examine what this would mean. I argue that principles
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THEORIES OF LEADERSHIP There are eight major leadership theories 1. "Great Man" Theories Assume that the capacity for leadership is inherent – that great leaders are born‚ not made. These theories often portray great leaders as heroic‚ mythic and destined to rise to leadership when needed. The term "Great Man" was used because‚ at the time‚ leadership was thought of primarily as a male quality‚ especially in terms of military leadership. 2. Trait Theories It assume that people inherit certain
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1.Vision .Most good leaders have great vision. They know where they want to go and they know how to motivate people to believe in this same vision they have for their community‚ country and their lives. They view things as what they could be and not what they are. 2. Wise Being a good leader usually means that they have to make critical calls at assorted points in their organization. Having the knowledge to make the correct call is crucial in making sure the organization is successful. Good leaders
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978-0-273-73552-6 (web) All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts‚ without express permission of the Publishers‚ for educational purposes only. In all other cases‚ no part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ recording‚ or otherwise without either the prior written permission of the Publishers or
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Table 1-3 explain institutions as external control has not able to prevent corporate governance failure. It was proven by the scandals‚ including for Islamic Financial Institutions. The main difference from the implementation of corporate governance is the governance structure and employee’s representative. Meanwhile‚ in the corporate governance rules‚ all countries have tried to do their best‚ but some scandals still occur from year to year. What causes the financial scandals? According to Ghoshal
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expansion of the company‚ the weight and number of social and ethical issues facing the company has increased. The key issues discussed in this particular case are: Wal-Mart’s and America community Small merchants and the community’s environment Barriers to domestic expansion Wal-Mart and its Opponents Wal-Mart’s Corporate Social Responsibility (CSR) programmes: Merely gimmicks? The company’s responsibility to employees who lose their jobs and loyal customers when Wal-Mart pulls
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overview of HZN and the relevant accounting standards. Second‚ a detailed review is made about the directors’ report. The illustrationof the development and future perspective of the Group‚ the dividend and distributions to shareholder and the corporate government forms this part. Third‚ financial report will be analysed in depth. After the main disclosure issues in financial report are discussed‚ focusing on provision‚ lease liability and income tax‚ a financial ratio analysis is given separately
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BUILDING AN ENERGY FUTURE ANNUAL REVIEW ROYAL DUTCH SHELL PLC ANNUAL REVIEW AND SUMMARY FINANCIAL STATEMENTS 2011 Our INSIDE ENERGY app for iPad explores the role innovation plays in providing energy to power and sustain people’s lives. Discover new ways of nding and producing oil and gas‚ learn about advances in energy ef ciency and cleaner-burning fuels‚ and meet the people involved in making it happen. shell.com/inside_energy A BOUT THE PHOTOS Energy gives our lives vitality
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