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Why Should Companies Care?

Ashok Gupta, Ohio University

Many companies now realize that being socially responsible can be profitable, not just politically correct.
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A Challenge to Change Business Education

Lynne D. Richardson, Ball State University

Recent conditions and events challenge business educators to find new ways to prepare students for success.
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BP= Bringing Profits: In a Socially Responsible Way

Bernard J. Bulkin, Chief Scientist, British Petroleum plc London, UK

British Petroleum’s efforts to achieve sustainability goals not only help it become a socially responsible company; they also make good business sense.
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Developing Socially Responsible Business Leaders: The Lubrizol Experience

Edward P. Richards, President, Engine Control Systems, Division of the Lubrizol Corporation, Vice President, Lubrizol Canada, Ltd.

Company policies, practices, and reward systems can foster socially responsible behavior from its business leaders and managers.
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The Social Responsibility of Corporate Management: A Classical Critique

Philip R. P. Coelho, Ball State University
James E. McClure, Ball State University
John A. Spry, Ball State University

This paper defends the intellectual and ethical merits of Friedman’s paradigm of fiduciary duties of corporations toward shareholders exclusively as opposed to the Stakeholder Theory.
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A Response to “The Social Responsibility of Corporate Management: A Classical Critique”

Frederick R. Post, University of Toledo

This response argues that the traditional Friedman Paradigm does not represent a useful method for determining an ethic of corporate social responsibility.
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The Enron Scandal and the Neglect of Management Integrity Capacity

Joseph A. Petrick, Wright State University
Robert F. Scherer, Clevland State University

The authors show how Enron executive actions and practices eroded each dimension of the Management Integrity Capacity construct. Actions are suggested for reducing the likelihood of future Enron-like cases.
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Investing with a Conscience: An Evaluation of the Risk-Adjusted Performance of Socially Responsible Mutual Funds

Ed Edwards, Western Michigan University
Ajay Samant, Western Michigan University

This paper provides empirical documentation on the risk-adjusted returns of socially responsible funds during the period 1991-2000. Guidelines for investors are presented.
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Environmental Concerns, Effort and Impact: An Empircal Study

Nazim U. Ahmed, Ball State University
Ray V. Montagno, Ball State University
Douglas W. Naffziger, Ball State University

Based on survey data from sixty companies, this study finds a positive relationship between management’s concern for the environment and the effort extended to manage in an environmentally friendly manner.
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Bankruptcy Prediction: The Case of the CLECS

Cecilia Wagner Ricci, Montclair State University

Half of the seemingly successful Competitive Local Exchange Carriers (CLECS) filed for bankruptcy within two years of their launch. This paper attempts to predict CLECS that are likely to file for bankruptcy in the future.
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