Page 16 - Quarterly Q1-Q2 2018

QUARTERLY Q/1–Q/2 – 2018
Kari Lautjärvi, Doctor of Law, Partner and Co-Head of Corporate Advisory, Compliance & CSR.
His book “Corporate Benefit in Decision Making and Actions of the Company’s Management” (“Yhtiön etu yhtiön johdon päätöksissä ja toimissa”, Alma Talent) was published in 2017.
Ethical Investing on the Rise
The ethical and moral acceptability of a company’s actions modify the definition of Corporate Social Responsibility.
Companies’ efforts to comply with the requirements of Corporate Social Responsibility are affected
by the markets and stakeholders. Shareholders, investors, customers, partners, employees and media are paying ever more attention to the responsibility of companies as well as their reputations.
Investors often highlight Corporate Social Responsibility when choosing target companies. In particular, human rights issues and environmental risks have great influence over the willingness of investors to finance companies. Risks raise the price of investments. The significance of ethical and responsible investing is more and more important in the financing of companies.
In order to secure a company’s continued profitability, as required by the Limited Liability Companies Act, the management must also take sustainable development and the various aspects of Corporate Social Responsibility into consideration in the development of the business operations.
TAGS
CSR
Limited Liability Companies Act Sustainable development Strategy