Becchetti, Leonardo; Palestini, Arsen; Solferino, Nazaria; … - In: Economic Modelling 43 (2014) C, pp. 114-123
The increasing attention of profit maximizing corporations to corporate social responsibility (CSR) is a new stylized fact of the contemporary economic environment. In our theoretical analysis we model CSR adoption as the optimal response of a profit maximizing firm to the competition of a not...