Document Type
Article
Publication Date
12-1-2008
Abstract
Society faces many common challenges that the corporate sector can play a large role to help address. Security against terrorism is one such challenge and is an important pre-condition to sustainable development. Moreover, since terrorism often operates outside of the jurisdiction of state authorities, it is becoming clear that governments cannot address this issue alone. In the United States, for example, there is a large portion of the nation's infrastructure that owned by the private sector. Using data obtained from 158 survey responses from security professionals in the public and private sector, our structural equation model determined that while prior field surveys indicate that there are many factors that influence the size of security spending including a sense of social responsibility and attitude toward risk, the most important factor is the costbenefit analysis that companies themselves undertake. These results may apply to many situations, such as global warming, piracy and pollution control, in which cooperation from the private sector is needed to address threats whose risk is difficult to assess.
Keywords
business ethics.
Rights
© The Author(s). Kelvin Smith Library provides access for non-commercial, personal, or research use only. All other use, including but not limited to commercial or scholarly reproductions, redistribution, publication or transmission, whether by electronic means or otherwise, without prior written permission is strictly prohibited.
Department/Center
Design & Innovation
Recommended Citation
Hayes, James K., "The Private Sector and the Questionable Role of Social Responsibility in Securing the Nation's Infrastructure" (2008). Student Scholarship. 476.
https://commons.case.edu/studentworks/476