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This paper introduces a framework that could change the way firms set their strategies and goals. This framework links corporate budget to corporate strategies which are cascaded down to the last employee. It bridges the gap between operations personnel and finance people as they talk of only the jargon of activity or process costs. It is flexible as it can increase or decrease the budget from the...
To understand the present situation and the affecting factors of environmental information disclosures (EID) in listed firm from heavy polluting industries, this paper operated an empirical analysis taking 82 Shenzhen exchanges a-share listed firms from heavy polluting industries as a sample. The empirical results show that the level of EID in China's listed firm from heavy polluting industries is...
This article essentially thinks the western traditional principal-agent theory is a kind of corporate governance theory aimed at the companies with the main character of diversified equity. Obviously it is not fit for being used as the analysis framework of the governance problem of the companies with the main character of the relatively concentrated equity or highly concentrated equity. For that...
Based on 169 firms who issued social responsibility reports listed on the Shenzhen Stock exchanges in 2008, this paper studies the present situation and the determinant factors of environmental information disclosures (EID) in China. The empirical results show that the level of EID in china's listed firm is low and the level of disclosure in heavily polluting industries is higher than non-polluting...
This paper investigated the association between investor relations level and corporate performance. We used Nankai IRMI (investor relations management index) to measure investor relations level, which based on amount of interactive communication and organizational guarantee provided in the 2007 self-examination reports. The results showed that higher investor relations were associated with higher...
Enterprise in its growing, maturation and revival or decline stage needs senior managers with different traits. Enterprise should select the senior manager with traits correspond with the need of corporate lifecycles so as to improve work efficiency and enable enterprises to exist and grow better.
Corporate governance structure is the configuration mechanism between shareholders, creditors, employees and other stakeholders in the right company. There may be some convergence and mutual influence between CSR and corporate governance, especially in the west. An effective corporate governance system will prevents the occurrence of illegal actions which damage the interests of those stakeholders,...
This study shows how an optimisation model DEA can be applied to corporate social responsibility in the company-wide capability for people, processes, and resources to meet social obligations to all stakeholders under the guise of corporate citizenship. The data used are the sanitized scores of the empirical results from an Australian bank study. The DEA model was able to identify 11 decision making...
In this presentation, an effort is being made to understand clearly the role of the development/solidarity managers in bringing about genuine social transformation that will lead to sustainable development. Organizations of the 21st century can no longer limit themselves to producing and marketing products or services without any concern for the impact they make on society. If they want to be trusted...
Strengthening the enterprises' behavior of corporate social responsibility is a complex systematic project, which covers a wide range of participants, and is not as simple as the introduction of a standard. Company must take into account the interests of society as a whole and the long-term development. Corporate governance structure can be understood as the configuration mechanism between shareholders,...
This paper probed into the authentic leadership development and its relationship with CSR (Corporate Social Responsibility) behaviors. Three models clarified the antecedents, moderators and mediators of authentic leadership to CSR behaviors respectively. The relationship between the moral psychological capital and authentic leadership was analyzed in model 1. The moderating effect of legal constraints...
VEAs (Voluntary environmental agreements) environmental management is a kind of environmental policy tool of improving environmental quality on the basis of voluntary participation and in the form of contract, now it has become one kind of new pattern. But there is not a satisfying answer to the question of ldquowhy does a firm participate in VEAs?rdquo this paper will study driving factors behind...
By describing the social responsibility in corporation and AHP, this paper demonstrated a mathematical model on the combination of the social responsibility and the economic benefits of the enterprises, which describes the important role that the social responsibility plays in the development of the corporation. The introduction of the AHP was introduced to introduce the development and advancement...
Corporate reputation is an important intangible asset of a company in the fierce competitive market. Many companies improve their good image and build reputation through a series of charitable activities and other kinds of pro-social behavior. However, some researchers question whether philanthropic activities always lead to better business because the public often perceive it as a self-interested...
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