In some factories in the third world, it is a literal wall of the code. Posted conduct, as are dozens of dozens of customers, businesses and industry groups, and a variety of certification bodies defined. The cost of this wall of the code is clear to managers: You must fill out endless streams of shapes and host visits by compliance auditors. Less obvious is the wall of the codes is expensive for consumers and other stakeholders who care about the social performance of companies. Not only do they have to pay … Read more »

In some factories in the third world, it is a literal wall of the code. Posted conduct, as are dozens of dozens of customers, businesses and industry groups, and a variety of certification bodies defined. The cost of this wall of the code is clear to managers: You must fill out endless streams of shapes and host visits by compliance auditors. Less obvious is the wall of the codes is expensive for consumers and other stakeholders who care about the social performance of companies. Not only do they have to pay the (shared) costs of compliance, but with so many standards, they can not always identify which standards and codes apply measures of social responsibility are true. Documents. Dissemination of metrics and describes some of the problems in terms of reliability, validity and comparability of existing codes Examines two major categories of metrics: those used in the clothing industry and created by socially responsible investment funds. Includes more reliable, valid and comparable results with some practical suggestions for reducing the burden on managers and earnings.
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Aaron Chatterji,
David Levine
Source: California Management Review
24 pages.
Release Date: 1 February 2006. Prod #: CMR330-PDF-ENG
Breaking Down the Wall of Codes: Evaluating Non-Financial Performance Measurement HBR case solution

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