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Differential economic impacts of corporate responsibility issues

Author: Lankoski, Leena Series: Working Paper ; 2006/44/IBiS Publisher: Fontainebleau : INSEAD Business in Society Centre (IBiS) 2006.Language: EnglishDescription: 17 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: The study examines whether there are systematic differences in the economic impacts of different corporate responsibility issues and finds that the content of corporate responsibility does matter for the economic impacts. Economic impacts are more positive for corporate responsibility issues that reduce negative externalities rather than generate positive externalities, as well as for issues whose outcome benefits market stakeholders rather than non-market stakeholders.
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The study examines whether there are systematic differences in the economic impacts of different corporate responsibility issues and finds that the content of corporate responsibility does matter for the economic impacts. Economic impacts are more positive for corporate responsibility issues that reduce negative externalities rather than generate positive externalities, as well as for issues whose outcome benefits market stakeholders rather than non-market stakeholders.

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