The Corporate Social Responsibility is just a twist in a Möbius Strip

Nazaria Solferin () and Viviana Solferino ()
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Nazaria Solferin: Associazione Italiana per la Cultura della Cooperazione e del Non Profit, Postal: P.le della Vittoria, 15, 47121 Forlì,, http://www.aiccon.it
Viviana Solferino: Associazione Italiana per la Cultura della Cooperazione e del Non Profit, Postal: P.le della Vittoria, 15, 47121 Forlì,, http://www.aiccon.it

No 142-2015, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit

Abstract: In recent years economics agents and systems have became more and more interacting and juxtaposed, therefore the social sciences need to rely on the studies of physical sciences to analyze this complexity in the relationships. According to this point of view we rely on the geometrical model of the Möbius strip used in the electromagnetism which analyzes the moves of the electrons that produce energy. We use a similar model in a Corporate Social Responsibility context to devise a new cost function in order to take into account of three positive crossed effects on the efficiency: i)cooperation among stakeholders in the same sector; ii)cooperation among similar stakeholders indifferent sectors and iii)the stakeholders' loyalty towards the company. By applying this new cost function to a firm's decisional problem we find that investing in Corporate Social Responsibility activities is ever convenient depending on the number of sectors, the stakeholders' sensitivity to these investments and the decay rate to alienation. Our work suggests a new method of analysis which should be developed not only at a theoretical but also at an empirical level.

Keywords: Corporate social responsibility; Econophysics; Firm Behavior (search for similar items in EconPapers)
JEL-codes: D21 L13 Z10 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2015-09-15
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