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
Link To Document