One study is for example the one by Oekom Research, which indicates that of the 602 companies examined, the 186 companies with the highest sustainability rating also performed better financially than the 416 remaining companies, outperforming them by 23.4%.
Critics like Vogel are however not impressed by such numbers (Stavins, 2006). The much wider studies cited and compared in his book appear to indicate that results like those mentioned by Fraser are both biased and too narrow to provide a true indication of the performance/responsibility ratio.
This is a debate that will probably last for a very long time. Nevertheless, other factors should also be taken into account, especially in terms of shareholders. Shareholders as entities are changing together with the environment in which they function. An increasing number of shareholders is also becoming more socially and environmentally conscious, hence preferring to invest in companies with such values. This trend will certainly drive the tendency...
The principle of harmony's job is to take corrective actions when needed in order to create the balance of economic justice between the principles. For example, when the other two principles are violated by such things as unjust social barriers to either participation or distribution, the principle of harmony works to eradicate these barriers and thus restore economic harmony, or justice. According to the Oxford English Dictionary, economic harmonies is
Moral Criticisms of the Market Moral Criticisms Market This assignment requires read article Ken S. Ewert (found Reading & Study folder). Note article, Ewert defending free market "Christian Socialists." He states position a rebuttal Moral criticisms of the market: A critique of Ewert's analysis It is interesting to read Ken S. Ewert's 1989 criticisms of 'Christian socialists' in light of current debates on other types of economic policies today. Ewert portrays Christian, leftist
Charity/Foundations AngliCORD Board of Directors John Doe, CEO Recent Article in BRW concerning Charity Accountability This memo aims to address a recent and rather disturbing article in the March 24-30, 2005, Australian Business Review Weekly entitled "Charity Inc." I rather suggest that each of you obtain a copy and read it so as to get the full effect of what I am about to address. As I am sure you are all very well
Moreover, caring for her mother, the other option, would surely: a) create a feeling of being "unfulfilled" which brings with it depression and resentfulness; b) leave her with nothing to look forward to but the dark day when her mother actually passes away; and c) realize after a short time that she is not "a Mother Teresa" and that her live would be diminished (Stuart, 25). What does Stuart believe is
Ethical Values and Behavior Moral Leadership: Batson vs. Tyler Batson (Chapter 8, Rhode, 2006) is of the view that moral leadership is about getting people to uphold moral standards and to always act ethically. The underlying assumption is that when everyone acts within their moral capacities, the organization and society as a whole is deemed to benefit. Acting morally, according to Batson, means looking out for the needs and well-being of others,
It doesn't take long for them to realize that living among the "proper" ladies is not for them. Even sweet Charlotte is willing to do anything to get back home. (Freeman, 1887) The author analyzes the way "upper-class" women gain their sense of identity by taking a charitable interest in their lower-class neighbors. It is this sense of moral superiority that is actually a form of take-over and domination since
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