Purchase Solution

A Summaryof Two Business Articles

Not what you're looking for?

Ask Custom Question

Please summarize contents of 2 articles. English is not my first language and I need the summary to understand the contents.

Articles are

1: How Virtuous is Your Firm? A Checklist. http://ejbo.jyu.fi/pdf/ejbo_vol14_no1_pages_14-20.pdf

2: Corporate Executive Salaries - The Argument from Economic Efficiency. http://ejbo.jyu.fi/pdf/ejbo_vol13_no2_pages_35-43.pdf

Purchase this Solution

Solution Summary

The solution summarizes two business articles on 'How Virtuous is your Firm?' and 'Corporate Executive Salaries'.

Solution Preview

1: How Virtuous is Your Firm? A Checklist. http://ejbo.jyu.fi/pdf/ejbo_vol14_no1_pages_14-20.pdf

The latest trend in the corporate world is that organizations are more concerned of values rather than profits. There is a paradigm shift and a transformation that is making corporations more value-oriented than profit-oriented. A new era called "conscious capitalism" which focuses on profits while taking care of the social, environmental and social responsibilities in decision making has proliferated in the corporate world. What has caused this transformation? Blame it on the values-driven consumers who have manifested that they patronize firms who show concern of the rising business expectations. Studies have shown that these consumers prefer to buy the products and pay for the services of companies that have active corporate social responsibility program provided that the price and quality are comparable to the competing products. On the other hand, many of these consumers are willing to boycott a company that doesn't show societal responsibility concern even if its products were superior or less expensive than the other products. It has also been proven that companies that have embraced virtue as part of their culture gain better in terms of long-term financial performance compared to those companies that have become more concerned with profit maximization. The values-driven company wants to do the right thing first and profit ...

Purchase this Solution


Free BrainMass Quizzes
Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.