首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
"There is one and only one social responsibility of business," wrote Milton Friedman, a Nobel prize-winning economist, "That is,
"There is one and only one social responsibility of business," wrote Milton Friedman, a Nobel prize-winning economist, "That is,
admin
2019-06-11
17
问题
"There is one and only one social responsibility of business," wrote Milton Friedman, a Nobel prize-winning economist, "That is, to use its resources and engage in activities designed to increase its profits." But even if you accept Friedman’s premise and regard corporate social responsibility(CSR)policies as a waste of shareholders’ money, things may not be absolutely clear-cut. New research suggests that CSR may create monetary value for companies—at least when they are prosecuted for corruption.
The largest firms in America and Britain together spend more than $ 15 billion a year on CSR, according to an estimate by EPG, a consulting firm. This could add value to their businesses in three ways. First, consumers may take CSR spending as a "signal" that a company’s products are of high quality. Second, customers may be willing to buy a company’s products as an indirect way to donate to the good causes it helps. And third, through a more diffuse "halo effect," whereby its good deeds earn it greater consideration from consumers and others.
Previous studies on CSR have had trouble differentiating these effects because consumers can be affected by all three. A recent study attempts to separate them by looking at bribery prosecutions under America’s Foreign Corrupt Practices Act(FCPA). It argues that since prosecutors do not consume a company’s products as part of their investigations, they could be influenced only by the halo effect.
The study found that, among prosecuted firms, those with the most comprehensive CSR programmes tended to get
more lenient
penalties. Their analysis ruled out the possibility that it was firms’ political influence, rather than their CSR stand, that accounted for the leniency: Companies that contributed more to political campaigns did not receive lower fines.
In all, the study concludes that whereas prosecutors should only evaluate a case based on its merits, they do seem to be influenced by a company’s record in CSR. "We estimate that either eliminating a substantial labour-rights concern, such as child labour, or increasing corporate giving by about 20% results in fines that generally are 40% lower than the typical punishment for bribing foreign officials," says one researcher.
Researchers admit that their study does not answer the question of how much businesses ought to spend on CSR. Nor does it reveal how much companies are banking on the halo effect, rather than the other possible benefits, when they decide their do-gooding policies. But at least they have demonstrated that when companies get into trouble with the law, evidence of good character can win them a less costly punishment.
When prosecutors evaluate a case, a company’s CSR record
选项
A、has an impact on their decision.
B、comes across as reliable evidence.
C、increases the chance of being penalized.
D、constitutes part of the investigation.
答案
A
解析
细节题。根据题干关键词prosecutors evaluate a case定位到第五段。首句是In all,the study concludes that whereas prosecutors should only evaluate a case based on its merits,they do seem to be influenced by a company’s record in CSR.这里的be influenced与A项has an impact对应,故 A项“对他们的决定有影响”符合题意。而B项中的reliable evidence和C项中的the chance of being penalized在原文中没有体现。D项中的investigation与题干中的When prosecutors eval uate a case明显对应不上,故排除。
转载请注明原文地址:https://kaotiyun.com/show/fI9Z777K
0
考研英语一
相关试题推荐
Oneofthebiggesthurdlestogettingmoreelectriccarsontheroadis"rangeanxiety,"theworrypeoplehaveoftheircarbat
Itamazesmewhenpeopleproclaimthattheyarebored.Actually,itamazesmethatIameverbored,orthatanyofusare.With
Formanypeople,emotionsareascarything.【C1】______oftheproblemisthatwejustdon’tknowwhattodowiththem,according
Thesharingeconomyisalittlelikeonlineshopping,whichstartedinAmerica15yearsago.Atfirst,peoplewereworriedabout
Aself-describedsocialistandformershopsteward,SirAlexwasanoddfitwiththecentristMr.Blair.Yethewasmuchlessim
"Ihavegreatconfidencethatbytheendofthedecadewe’llknowinvastdetailhowcancercellsarise,"saysmicrobiologistRo
OverthepasttwodecadesAmerica’sbrokenimmigrationsystemhasconfoundedoneCongressafteranother,becauseitneverseemed
Itishardtomakemoneypeddlingsocialmediaanywhere.Duringtheirfirstfewyearsinbusiness,FacebookandTwitterlostpot
历史研究的方法论——1999年英译汉及详解【F1】Whiletherearealmostasmanydefinitionsofhistoryastherearehistorians,modernpracticemostc
历史研究的方法论——1999年英译汉及详解【F1】Whiletherearealmostasmanydefinitionsofhistoryastherearehistorians,modernpracticemostc
随机试题
下列哪项无肺泡呼吸音增强
A.药品批发组织的职能B.药品销售代理组织的职能C.药品零售组织的职能D.药品物流组织的职能E.传统药品交易中介服务组织的职能保证药品购进的合法性和质量、保证售出药品的质量和药学服务的质量是()
以货运车辆枢纽为中心,包括仓库、批发,甚至包括小型加工和包装工场等组织在一起的综合性中心是()。
下列投资方案经济效果评价指标中,属于动态评价指标的是()。
“备案号”栏:()。“贸易方式”栏:()。
不属于金融风险的内部因素的是()。
职业素质是指劳动者在一定的生理和心理条件的基础上,通过教育、劳动实践和自我修养等途径而形成和发展起来的,在职业活动中发挥重要作用的内在基本品质。根据以上定义,下列不属于职业素质的是()。
提出“门罗主义”的美国总统是()。
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersisoneofthosehypothesesthatdarenotspeakitsname.
_______不确定性造成了“牛鞭效应”。
最新回复
(
0
)