Finance and Society:: On the Foundations of Corporate Social Responsibility (Revised version of CentER DP 2013-071)
- Publisher: CentER, Center for Economic Research
Corporate social responsibility; sustainability; legal origins; stakeholder orientation
We investigate the fundamental determinants and value implications of corporate social responsibility (CSR) around the world. We contrast three broad views on CSR: (1) it is a response to government failure; (2) it reflects individual and societal preferences; (3) it is...