Method in their madness: How firms succeed in pursuing CSR policies in a recession
Abstract
Purpose
Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
In economic theory there exists the well‐established idea “opportunity cost”, which seeks to evaluate an investment opportunity in terms of the effect of what would happen if the investment was not carried through. This could be a strategic acquisition or an investment in production capabilities costing, say, $10m, using borrowings to be paid back over five years, with payback over seven years. The question is, what would the estimated cost to the business if such an investment were not made?
Practical implications
Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.
Keywords
Citation
(2010), "Method in their madness: How firms succeed in pursuing CSR policies in a recession", Strategic Direction, Vol. 26 No. 5, pp. 19-22. https://doi.org/10.1108/02580541011035429
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited