| Speakers: ![]() Georgeta Bora ![]() John Aston ![]() Martin Neureiter | Workshop A: CSR and FINANCIAL PERFORMANCE
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Certainly, adopting the CSR principles involves costs. These costs might involvement the purchase of new environmentally friendly equipment, the change of management structures, or the implementation of stricter quality controls. Since being socially responsible involves costs, it should generate benefits as well in order to be a sustainable business practice. Therefore, being socially responsible should have bottom line results. There are a great many well-defined measures of financial performance, based on dividends, return on capital, share price, total shareholder return, market value added, etc. The problem here is choosing the most appropriate one to correlate with social performance. Depending on the indicator chosen, and the time perspective over which it is viewed, different findings may emerge. Workshop Objectives: 1. Identify the bottom line benefits associated with CSR 2. The casual relationship between firm performance and corporate social responsability 3. How does good social performance cause good financial performance? 4. How financial sector manage social and environmental issues in project financing Speakers:
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