Next Article in Journal
Becoming Urban: Exploring the Transformative Capacity for a Suburban-to-Urban Transition in Australia’s Low-Density Cities
Previous Article in Journal
A Study of Lightweight Door Hinges of Commercial Vehicles Using Aluminum Instead of Steel for Sustainable Transportation
Article Menu
Issue 10 (October) cover image

Export Article

Open AccessArticle
Sustainability 2017, 9(10), 1714; doi:10.3390/su9101714

Efficiency and Sustainability of CSR Projects

1
Deparment of Economics, Universitat de Girona, Campus de Montilivi, 17071 Girona, Spain
2
Department of Business, Universitat Autonoma de Barcelona, Cerdanyola del Valles, 08193 Bellaterra, Spain
*
Author to whom correspondence should be addressed.
Received: 12 August 2017 / Accepted: 3 September 2017 / Published: 25 September 2017
(This article belongs to the Section Economic, Business and Management Aspects of Sustainability)
View Full-Text   |   Download PDF [237 KB, uploaded 25 September 2017]

Abstract

The progressive expansion of Corporate Social Responsibility (CSR) has been accompanied by an increasing interest from regulators and market analysts. Governments and supra-national organisations have issued guidance rules on CSR, while market analysts have created a set of gatekeepers focused on its evaluation, publishing rankings and comparative reports. The UN Global Compact and the sustainability indexes are two relevant examples. The complexity and some of the functions of this CSR infrastructure have common features with the financial system. Information is at the core of both. The distinction between information and noise is central for building up efficient financial markets. The aim of this paper is to analyse how information can be separated from noise in CSR. To this end, we develop a qualitative model that centres on the following variables: the CSR features of the project under consideration, its financial features, its relationship with corporate strategy, the performance metrics for its analysis, the different kinds of risk it involves, and its impact on value creation. This model relies on two common functions that we identify in the CSR infrastructure and the financial system: the defining function and the performance information function. The model is applied to Adidas’ CSR policy. View Full-Text
Keywords: CSR; informational efficiency; sustainable projects; Global Compact; Adidas CSR; informational efficiency; sustainable projects; Global Compact; Adidas
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Bosch-Badia, M.-T.; Montllor-Serrats, J.; Tarrazon-Rodon, M.-A. Efficiency and Sustainability of CSR Projects. Sustainability 2017, 9, 1714.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top