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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
Rationales for a stakeholder model of corporate governance are based on enlightened self-interest, moral imperative, and/or externalities. Of these, the externalities rationale holds the most promise to justify a stakeholder focus. Recent evidence, however, indicates that the benefits of a...
Persistent link: https://www.econbiz.de/10013233105
Almost a billion people do not have access to clean and safe water. Access to safe drinking water and sanitation is increasingly being considered a fundamental human right. Corporations play an important role in the realization of the right to water. For example, they can become violators of the...
Persistent link: https://www.econbiz.de/10013128123
The deepening and widening of European integration has led to an increase in transborder crime. Concurrent prosecution and sanctioning by several Member States is not only a problem in inter-state relations and an obstacle in the European integration process, but also a violation of the ne bis...
Persistent link: https://www.econbiz.de/10014050070
The purpose of this article is to develop an ordonomic conceptualization of corporate citizenship and new governance that (a) provides a framework for positively explaining the political participation of companies in new governance processes and (b) does not weaken but instead strengthens the...
Persistent link: https://www.econbiz.de/10011786669
Corporate Social Responsibility (CSR) is here defined as a multi-stakeholder model of corporate governance and fiduciary duties naturally emerging from a critical assessment of the incomplete contracts view of the firm based on concepts like as authority and residual rights of control. As far as...
Persistent link: https://www.econbiz.de/10014216411
Based on arguments about long-term orientation and corporate reputation, we argue that family and founder firms differ from other firms with regard to corporate social responsibility. Using Bayesian analysis, we then show that family and founder ownership are associated with a lower level of...
Persistent link: https://www.econbiz.de/10013069431
Based on socioemotional wealth theory, we argue that family and founder firms differ from other firms with regard to corporate social responsibility concerns. We further argue that the ownership and management dimensions of founder firms have opposite effects. Using a dataset of large public US...
Persistent link: https://www.econbiz.de/10013069726
The consequences of multinational corporations (MNCs) for human rights protection are poorly understood. We propose that the motives and behaviour of MNCs vary across industries. Extractive firms go where the resources are, which creates a status quo bias among them when it comes to supporting...
Persistent link: https://www.econbiz.de/10012891495
Persistent link: https://www.econbiz.de/10011757170