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We examine the strategic use of Corporate Social Responsibility (CSR) in imperfectly competitive markets. The level of CSR determines the weight a firm puts on consumer surplus in its objective function before it decides upon supply. First, we consider symmetric Cournot competition and show that...
Persistent link: https://www.econbiz.de/10011659485
To stimulate companies to take corporate social responsibility collectively, for example for fair trade or the environment, their agreements may be exempted from cartel law. To qualify, the public benefits must compensate consumers for higher prices of the private good. We study the balancing...
Persistent link: https://www.econbiz.de/10012149732
Both borrowers and lenders can be socially responsible (SR). Ethical banks commit to financing only ethical projects, which have social profitability but lower expected revenues than standard projects. Instead, no credible commitment exists for SR borrowers. The matching between SR borrowers and...
Persistent link: https://www.econbiz.de/10011705659
sein muss und warum es vorteilhaft ist, wenn eine solche Ethik als ökonomische Theorie der Moral operiert, ((b)) wie eine … Theorie für die Praxis nicht verarmt, sondern bereichert wird und ((c)) wie - angesichts einer erneut heftig geführten …) business ethics to management analysis and education. As a first step, the paper argues that business ethics theory needs to …
Persistent link: https://www.econbiz.de/10011758063
This paper argues that the perspective of ordonomic - a rational-choice based analysis of (interdependencies between) social structure and semantics - can provide new insights into the changing role of business in society. We claim (a) that the proper role of business is societal value creation,...
Persistent link: https://www.econbiz.de/10011786019
Der Artikel entwickelt in Auseinandersetzung mit Alfred Krupps Wohlfahrtsprogramm aus dem 19. Jahrhundert einen ordonomischen Beitrag, wie Unternehmen 'Moral als Produktionsfaktor' einsetzen können. Die These dieses Beitrags lautet, dass "Corporate Social Responsibility" als strategisches...
Persistent link: https://www.econbiz.de/10011786668
Natural resources extraction inevitably imposes environmental injuries including diversion of scarce water away from pressing local needs, disruption of fragile ecosystems, and longer-range and often irreparable harm. These fall most forcefully on the local populations at or near the extraction...
Persistent link: https://www.econbiz.de/10011776573
We theoretically analyse the relationship between Corporate Social Responsibility (CSR) and tax avoidance of an oligopolistic firm. The firm maximises a weighted sum of profits and a CSR objective which depends on output and the firm's contribution to public good provision, i.e. tax payments....
Persistent link: https://www.econbiz.de/10011924577
We examine the role of CSR as a mechanism for private provision of public goods. We argue that corporations are using CSR to signal high product quality and demonstrate that signaling gives rise to an excessive level of contributions that offsets the positive externality, which causes the...
Persistent link: https://www.econbiz.de/10010404406
Persistent link: https://www.econbiz.de/10010385380