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accelerate and scale up the pace of the global movement, an important role can be played by economic theory. In what follows, I …-called myth of the shareholder value; whereas Sect. 16.4 deals with the "stakeholder theory" due to Edward Freeman and others and …
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argued that in order to improve corporate reputation and (moral) leadership, corporate social responsibility (CSR), endorsed …
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Morally motivated individuals behave more cooperatively than predicted by standard theory. Hence, if a firm can attract … employers may be able to use the firm's corporate social responsibility profile as a screening device to attract more productive … motivation whatsoever, such screening may in fact drive every firm with a low social responsibility profile out of business …
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