Herkenhoff, Philipp; Krautheim, Sebastian; Semrau, Finn Ole - In: Journal of Development Economics 167 (2024), pp. 1-31
increasing demand by stakeholders for Corporate Social Responsibility (CSR) along their value chains. Contractual incompleteness … analyze a model of sequential production with incomplete contracts where CSR by independent suppliers differentiates the final … product in the eyes of caring consumers. Progressing down the value chain, our model predicts an increasing CSR profile from …