Sustainable Entrepreneurship: Good Deeds, Business, Social and Environmental Responsibility in a Market Experiment

No . 1916 Corporate Social Responsibility and Social Entrepreneurship

Milton Friedman argued that the social responsibility of firms is to maximize profits. This paper examines this argument for the economic environment envisioned by Friedman in which citizens can personally give to social causes and can invest in profit-maximizing firms and firms that give a portion of their profits to social causes. Citizens obtain social satisfaction from corporate social givi...

Market for Corporate Social Responsibility

Much is expected of the modern corporation. Shareholders seeking to maximize their return on investment pay close attention to reported earnings and stock price appreciation. Unanticipated negative movements in these variables can give rise to shareholder agitation, amplified by hedge funds and activist pension funds. Although this is characteristic of the Anglo-American ‘market for corporate c...

a study on rate making and required reserves determination in reinsurance market: a simulation

reinsurance is widely recognized as an important instrument in the capital management of an insurance company as well as its risk management tool. this thesis is intended to determine premium rates for different types of reinsurance policies. also, given the fact that the reinsurance coverage of every company depends upon its reserves, so different types of reserves and the method of their calc...

Social Entrepreneurship : whose responsibility is it anyway ? 21 November 2001 The false premises of Social Entrepreneurship

Corporate Social Responsibility in an Experimental Market

We present results from experimental price-setting oligopolies in which green firms undertake different levels of energysaving investments motivated by public subsidies and demand-side advantages. We find that consumers reveal higher willingness to pay for greener sellers’ products. This observation in conjunction to the fact that greener sellers set higher prices is compatible with the use and...