When Principles Pay

When Principles Pay

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qA balanced and optimistic account of how companies can benefit from the Corporate Social Responsibility movement. Geoffrey Heal makes a persuasive argument that doing the right thing can also boost the bottom lineq--Joseph E. Stiglitz, Nobel Laureate in economics.To address this question the chart shows an approximate cost breakdown for a pair of athletic shoes sold by Nike and ... To many, the most striking fact will be the size of the retail margin, at 47 percent by far the largest element in the total of $100. ... Suppose Nike was to double the wage rate, from say $3 daily to $6; this would increase labor costs per pair of shoes ... But it is not clear that Nike has enough market power to do this: retailers might just refuse to pay the extra, especially ifanbsp;...

Title:When Principles Pay
Author:Geoffrey Heal
Publisher:Columbia University Press - 2012-06-19


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