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Positive Economics and the Normativistic Fallacy: Bridging the Two Sides of CSR

Published online by Cambridge University Press:  23 January 2015

Philipp Schreck ,
Dominik van Aaken  and
Thomas Donaldson
Philipp Schreck
Affiliation:
University of Munich
Dominik van Aaken
Affiliation:
University of Munich
Thomas Donaldson
Affiliation:
University of Pennsylvania
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Abstract:

In response to criticism of empirical or “positive” approaches to corporate social responsibility (CSR), we defend the importance of these approaches for any CSR theory that seeks to have practical impact. Although we acknowledge limitations to positive approaches, we unpack the neglected but crucial relationships between positive knowledge on the one hand and normative knowledge on the other in the implementation of CSR principles. Using the structure of a practical syllogism, we construct a model that displays the key role of empirical knowledge in fulfilling a firm’s responsibility to society, paying special attention to the implications of the “ought implies can” dictum. We also defend the importance of one particular class of empirical claims; namely, claims from the field of economics. Even positive economic theory, which is often criticized for endorsing profits rather than values, can cooperate in intriguing ways with non-economic concepts in the implementation of CSR goals.

Keywords

Corporate Social Responsibilitypractical syllogismpositive economicsnormative ethicspolitical CSRphilosophy of science
Type
Articles
Information
Business Ethics Quarterly , Volume 23 , Issue 2 , April 2013 , pp. 297 - 329
Copyright
Copyright © Society for Business Ethics 2013

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