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 :
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