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The Social Responsibility of Business typically involves self-regulation, which entails spontaneous compliance with social norms or standards that are not imposed by hard law. In the debate on Corporate Social Responsibility, its voluntary basis has been stressed both in some official documents...
Persistent link: https://www.econbiz.de/10012845892
This paper first sets a definition of corporate social responsibility (CSR) as an extended model of corporate governance and then accounts for a voluntary approach to CSR, meant as voluntary compliance with CSR strategic management standards, in terms of an economic theory of self-regulation...
Persistent link: https://www.econbiz.de/10014029449
The paper studies the relationship between social capital (SC) and Corporate Social Responsibility (CSR) by investigating the idea of a virtuous circle between the level of SC and the implementation of CSR standard of behaviour that favours the creation of cooperative networks between the firm...
Persistent link: https://www.econbiz.de/10014043904
This is the third part of a comprehensive essay on the Rawlsian view of corporate social responsibility (CSR) seen a multi-stakeholder fiduciary model of corporate governance (see part I). A game theoretical model of the interplay between the owner (who controls the firm) and all the remaining...
Persistent link: https://www.econbiz.de/10014043905