Lecture (with Bruce Gahir)

State of the Art in CSR

Abstract

The field of Corporate Social Responsibility is a complex landscape of theories and different, sometimes controversial, approaches. This talk presents a possible categorization and classification of actual existing models in terms of the classical four dimensions: profits, political performance, social demands and ethical values. The discussion will provide an opportunity to critically analyze the philosophical and economic foundations of the theories and models as well as offering insights into the main arguments for and against CSR in both academic and professional literature. Particular attention will be devoted to the CSV model as a way of measuring Shared Value and its relevance from a strategic point of view. The final part of the talk will focus on current CSR in Italy, and the role of the financial and banking sectors as main drivers.

Bio

Stefano Cavagnetto is Head of the Prague College School of Business, and since 2011 a member of the Senior Management Group. His research lies at the boundary between philosophy, mathematics and finance. A considerable part of his research focuses on Business Ethics, Corporate Governance and CSR while other parts deal with Portfolio Theory, CAPM, algorithmic trading, the efficiency of financial markets and the epistemic foundation of classic financial theory. Another area of his interest focuses on behavioural finance, alternative theories of modern finance, and microsimulation of financial markets. Stefano has been visiting scholar at Columbia University in New York City, Visiting Fellow at the Isaac Newton Institute for Mathematical Sciences in Cambridge and recipient of the Lagrange Fellowship for research in the area of computational finance.