Besley, Timothy; Ghatak, Maitreesh - London School of Economics and Political Science - 2007
This paper explores the feasibility and desirability of CorporateSocial Responsibility (CSR). We identify CSR with creation of publicgoods or curtailment of public bads. Using a model with pro
t-maximizing
firms, the paper shows that there is a direct parallel be-tween CSR and traditional...