Risk Management, Real Options, Corporate Social Responsibility

By Bryan W. Husted. 2005

327 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f97a18b3c144c2865a95f656611e120b72fbea1c

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Citations in the corpus

Multiperiod effects of corporate social responsibility on supply chain networks, transaction costs, emissions, and risk (2008, background): “…firms engage in CSR activities as a way to enhance their reputation (Fombrun, 2005), preempt legal sanction (Parker, 2002), respond to NGO action (Spar and La Mure, 2003), manage their risk (Fombrun et al., 2000; Husted, 2005), and to generate customer loyalty (Bhattacharya and Sen, 2001, 2004).”
Firm Litigation Risk and the Insurance Value of Corporate Social Performance (2013, background): “Husted (2005) has emphasized that the ex ante perspective is clearly different from the ex post focus—CSP needs to be like an insurance policy that is there when you need it (Klein and Dawar, 2004).”
Motives and Performance Outcomes of Sustainable Supply Chain Management Practices: A Multi-theoretical Perspective (2017, background): “…expectations as they gain legitimacy (Palazzo and Scherer 2006), retain motivated employees (Rodrigo and Arenas 2008), incur fewer negative events (Husted 2005), and attract more customers and funds (Hill et al. 2007), which all might outweigh the initial costs incurred for socially responsible…”
Corporate Environmental Responsibility and Firm Risk (2015, background): “3 The effect of CSR engagement on firm risk is documented by several studies including McGuire et al. (1988), Feldman et al. (1997), Orlitzky and Benjamin (2001), Husted (2005), Godfrey et al. (2009), Salama et al. (2011), and Oikonomou et al. (2012).”
Are CSR disclosures relevant for investors? Empirical evidence from Germany (2016, unknown): “This last finding suggests that the disclosure of CSR information may be part of an effective risk management strategy[9] (Godfrey et al. , 2009; Husted, 2005): firms with more (social) CSR disclosures may be less vulnerable to share price declines and economic downturns, and appear to have better…”
Reconciling Corporate Citizenship and Competitive Strategy: Insights from Economic Theory (2008, background): “Elaborating on the real options approach as a framework for CSR investment Husted (2005) concludes, ‘‘in the case of real options with direct benefits, CSR may act as a vehicle for innovation...’’ While a focus on innovation does not necessarily guide CSR practice, it is increasingly seen as a…”
The relationship among board of director characteristics, corporate social performance and corporate financial performance (2009, background): “in socially responsible activities (Cahan and Malone, 1995; Graves and Waddock, 1994; Husted, 2005; Orlotizky and Benjamin, 2001).”
The impact of corporate social responsibility on financial constraints: Does the life cycle stage of a firm matter? (2019, background): “…is that superior CSR practice can help firms to create an affirmative social image by enhancing corporate reputation and alleviating the impact of negative news, thus reducing business risk (Husted, 2005) and making the firm better prepared to cope with a crisis (Lins, Servaes, & Tamayo, 2017).”
Corporate social responsibility in the multinational enterprise: strategic and institutional approaches (2006, background): “On the other hand, effective strategic management of CSR can reduce risk (Husted, 2005); and CSR initiatives may also bring significant benefits to the firm (Hillman and Keim, 2001; McWilliams and Siegel, 2001).”