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Corporate Social Responsibility and the Value of a Firm

  • Yonghyup Oh
Chapter
Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Abstract

This chapter illustrates a conceptual method of valuing a firm that reflects corporate social responsibility. According to this method, a firm conforming more to environmental standards than others has ceteris paribus a higher firm value. This method combines the ethical aspects of a firm’s activities and the taxation as public policy institution while respecting the cash value of a firm.

Keywords

Sustainability valuation Sustainability accounting Cash flow valuation Circular economy 

References

  1. Bennett, M., & James, P. (1997). Environment-related management accounting: Current practice and future trends. Greener Management International, 97(17), 32–41.Google Scholar
  2. Koller, M., Goedhart, M., & Wessels, D. (2005). Valuation: Measuring and managing the value of companies (4th ed.). Hoboken, NJ: Wiley Publishing.Google Scholar
  3. Webster, K. (2015). The circular economy: A wealth of flows. Isle of Wight: Ellen MacArthur Publishing.Google Scholar

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Yonghyup Oh
    • 1
  1. 1.University of AntwerpAntwerpBelgium

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