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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Corporate Transparency vs. Business Performance Throughout history‚ mankind has had innumerable moments of corruption and greed. From the City-State wars in ancient Greece to the organized crime during the prohibition‚ human beings have always been prey to the desires of wealth and power. While our current society may seem civilized compared to those eras‚ the shallow traits which haunted mankind then are still in play in today’s society. There are always going to be people looking for a way to
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Ontario K1N 6N5‚ and 1 HEC Montreal‚ 3000 Côte-Sainte-Catherine Road‚ Montreal‚ Quebec H3T 2A7‚ Canada Email: benamar@telfer.uottawa.ca‚ claude.francoeur@hec.ca‚ taieb.2.hafsi@hec.ca‚ real.labelle@hec.ca This study investigates the joint effect of corporate ownership and board of directors’ diversity configurations on the success of strategic merger and acquisition (M&A) decisions. Board diversity is defined as the extent to which its demographic diversity as measured by the culture‚ nationality‚ gender
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Yet‚ the Kilgour Family Streetcar was not the only failed transit-stop on the journey to finding the light at the end of the tunnel for Oakley; the light being an efficient‚ reliable transportation system to serve its residents. Everyday Cincinnati encounters hundreds of commuters‚ residents‚ shoppers‚ and unbeknownst to most‚ right below all the hustle and bustle rests seven miles of ruined tunnel and six subway stops‚ America’s longest derelict subway‚ the Cincinnati Subway. Decades later‚ the
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ammonia and die. Duckweed does not have a specific depth of water that it is required to grow in‚ however it is not ideal for the duckweed to grow in shallow conditions. If the pond is too shallow than the freezing and evaporating point of the pond will fluctuate too much for the duckweed to grow. Duckweed is composed of a think cell wall‚ with chloroplasts‚ mitochondria‚ smooth ER‚ Rough ER‚ a vacuole‚ cytoplasm‚ goolgi body‚ nucleus‚ nucleolus. All these parts in duckweed help the plant carry
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“IT’S THE DEVIL SPAWN” parents blubber out. “HIDE YOUR CHILDREN. LOCK YOUR DOORS!” This dialogue splurge fills the mouths of the media. Unluckily for the parents‚ the newest videogame has just sucked their kids into other worlds. This trite statement causes much controversy in today’s society as videogame are making a greater appearance in the world. It is an infrastructure of its own. Countless complaints regard the statement “videogames are bad”‚ but this account should not go undisputed. With
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citizens and general public seeks some assurance that the quality of life will be improved as a result of the company’s existence. So‚ with this all demand‚ we can say that stakeholder have a great influence on organisations. Stakeholders do always have the same amount of influence over an organisation and the organisation has to take into account when formulating its strategies. It is because stakeholders have a great influence in the organisation. They can simply just withdraw their support from
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EXTERNAL UNRELATED HORIZONTAL VERTICAL ACTIVE PASSIVE WHY VENTURE STRATEGIES? The most successful companies are those that have developed aggressive venture strategies and have made ventures critical components of their strategic and operating success. Venture strategy can be… • Internal venture strategy • External venture strategy INTERNAL VENTURE STRATEGY • A vehicle used to create new business • Managing new products/services‚ development projects as in company ventures Creating new business SPIN
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“Man… can go up against gravitation in a balloon‚ and why should he not hope that ultimately he may be able to stop or accelerate his drift along the Time-Dimension or even turn about and travel the other way” (Wells). In this quote‚ H.G. Wells asked one of the most commonly asked questions in time travel‚ why can people not move about in time as they wish? Black Holes present the opportunity to move forward in time although not in the same way as the “time machine” of popular science fiction.
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Bears have undergone an interesting history as they evolved from their carnivorans ancestors. Bears have started out small and worked their way to the top of the food chain. Bears have so many adaptations that help them survive. Bears have very good adaptations that have helped them survive for years. The first adaptation the bear has that is very useful is hibernation. Hibernation is what helps the bears get through winter because food is hard to find. The second adaptation is the fact is that
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