Political and economic arguments for corporate social responsibility: Analysis and a proposition regarding the csr agenda [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 86 (4):417 - 428 (2009)
Different perspectives on corporate social responsibility (CSR) exist, each with their own agenda. Some emphasise management responsibilities towards stakeholders, others argue that companies should actively contribute to social goals, and yet others reject a social responsibility of business beyond legal compliance. In addition, CSR initiatives relate to different issues, such as labour standards and corruption. This article analyses what types of CSR initiatives are supported by political and economic arguments. The distinction between different CSR perspectives and CSR issues on the one hand and between political and economic arguments on the other could help to advance the debate on the justification and welfare impact of CSR. It is argued that ordinary boundary conditions for business behaviour in a market economy provide support for some, but not all, CSR initiatives. This has implications for policy priorities. Building on the analysis, it is proposed that more attention should be paid to the behaviour of large multinational enterprises in their normal business operations and to CSR issues with a potentially large impact on market functioning.
|Keywords||broader goals corporate social responsibility market failures market functioning multinational enterprises neo-liberal economics social contract stakeholder theory welfare impact|
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References found in this work BETA
John Raymond Boatright (2009). Ethics and the Conduct of Business. Pearson Prentice Hall.
Thomas W. Dunfee (2006). A Critical Perspective of Integrative Social Contracts Theory: Recurring Criticisms and Next Generation Research Topics. [REVIEW] Journal of Business Ethics 68 (3):303 - 328.
Joseph Heath (2006). Business Ethics Without Stakeholders. Business Ethics Quarterly 16 (4):533-558.
Archie B. Carroll (2003). Corporate Social Responsibility. Business Ethics Quarterly 13 (4):503-530.
Lorenzo Sacconi (2006). A Social Contract Account for CSR as an Extended Model of Corporate Governance (I): Rational Bargaining and Justification. [REVIEW] Journal of Business Ethics 68 (3):259 - 281.
Citations of this work BETA
Chieh-Peng Lin (2010). Modeling Corporate Citizenship, Organizational Trust, and Work Engagement Based on Attachment Theory. Journal of Business Ethics 94 (4):517 - 531.
Chieh-Peng Lin, Yuan-Hui Tsai, Sheng-Wuu Joe & Chou-Kang Chiu (2012). Modeling the Relationship Among Perceived Corporate Citizenship, Firms' Attractiveness, and Career Success Expectation. Journal of Business Ethics 105 (1):83-93.
Chieh-Peng Lin, Yehuda Baruch & Wei-Chi Shih (2012). Corporate Social Responsibility and Team Performance: The Mediating Role of Team Efficacy and Team Self-Esteem. [REVIEW] Journal of Business Ethics 108 (2):167-180.
Rong-Tsu Wang (2013). Modeling Corporate Social Performance and Job Pursuit Intention: Mediating Mechanisms of Corporate Reputation and Job Advancement Prospects. [REVIEW] Journal of Business Ethics 117 (3):569-582.
João Guerreiro, Paulo Rita & Duarte Trigueiros (forthcoming). A Text Mining-Based Review of Cause-Related Marketing Literature. Journal of Business Ethics.
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