Corporate Environmental Responsibility: Advantages, Costs and Contradictions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25940082%3A_____%2F19%3AN0000045" target="_blank" >RIV/25940082:_____/19:N0000045 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Corporate Environmental Responsibility: Advantages, Costs and Contradictions

Original language description

This paper studies the environmental responsibility of companies, as part of Corporate Social Responsibility, and focuses on its costs and on some contradictions on the behaviour of some Companies highly engaged with environmental policies. In particular, we discuss the advantages of environmental compliance (better reputation and, indirectly, higher revenue) and the disadvantages (specific costs). The attention towards the need to protect and safeguard the environment has grown in the last decade. Nowadays, Companies are expected to consider this particular perspective and take appropriate measures in order to prevent the deterioration of the environment. Companies are not only expected to respect valid legal environmental rules, but in some cases, the public expects that the Company takes additional responsibility. Many companies comply with these expectations, as said, also in order to increase the value of their reputation. On the other side, compliance with environmental standards may create costs for companies. These costs would probably affect salaries paid to workers and prices paid by customers and, finally, consumers. Hence, the protection of the environment may entail a trade-off with other important priorities. In addition, some companies are highly engaged with environmental policies but still behave in ways which are not really ethical. We use two case studies to discuss this last point.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

7th International Scientific Conference on IFRS - Global Rules and Local Use - Beyond the Numbers

ISBN

978-80-907602-0-2

ISSN

—

e-ISSN

—

Number of pages

8

Pages from-to

423-430

Publisher name

Anglo-American University

Place of publication

Praha

Event location

Praha

Event date

Oct 10, 2019

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000649685400035