• DocumentCode
    127088
  • Title

    A study on the investment decision making model embedding social responsibility behavior of the enterprise

  • Author

    Wang Zheng-yan ; Xu Guang-hua

  • Author_Institution
    Sch. of Econ. & Manage., Nanjing Univ. of Sci. & Technol., Nanjing, China
  • fYear
    2014
  • fDate
    17-19 Aug. 2014
  • Firstpage
    657
  • Lastpage
    662
  • Abstract
    From the simple economic organization to the complicated economic organization, the nature of the enterprise itself has not changed, is still an economic organization of profit purpose and the demands from the society and the market have changed. Enterprise´s investment decision is a comprehensive trade-off process of the investment objectives and the cost that to obtain the future compensation at the expense of the existing resources. With the development of global economy, social responsibility has become one of the factors to take into account in corporate investment decision-making; researching the investment decision model contain the social responsibility factor has important significance. This paper establishes the investment decision model based on social responsibility behavior of two states: short-term profit-maximizing and long-term utility-maximizing, gives a clear mathematical expression demonstrated of social appeal and the real social responsibility development, shows that in order to achieve short-term profit-maximizing enterprises will not invest on CSR and gives an investment proportion when for long-term utility-maximizing.
  • Keywords
    corporate social responsibility; decision making; investment; profitability; CSR; corporate social responsibility; economic organization; enterprise nature; enterprise social responsibility behavior; investment cost; investment decision making model; investment objectives; investment proportion; long-term utility-maximizing state; profit demand; profit purpose; short-term profit-maximizing state; Economics; Ethics; Investment; Organizations; Production; Sustainable development; corporate investment decision; corporate social responsibility; profits maximization; utility maximization;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science & Engineering (ICMSE), 2014 International Conference on
  • Conference_Location
    Helsinki
  • Print_ISBN
    978-1-4799-5375-2
  • Type

    conf

  • DOI
    10.1109/ICMSE.2014.6930292
  • Filename
    6930292