The Blind Spot of Corporate Social Responsibility: Changing the legal framework of the firm

Kevin Levillain () and Blanche Segrestin ()
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Kevin Levillain: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Blanche Segrestin: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique

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Abstract: CSR research is generally based on the assumption that responsible behaviour is compatible with the legal framework of the firm and its standard strategic approaches. Could this hypothesis be misleading? This paper exhibits some recent practical innovations in the USA that have had to move away from the CSR research framework to provide a more constructive approach to social and environmental impacts. The new legal provisions in question revise the legal framework of firms and their corporate purposes. Such innovations suggest that management science research should study how to improve interactions between the well-acknowledged 'strategic attention' and often overlooked legal contracts, with a view to imagining new forms of collective action.

Keywords: CSR; Purpose-Driven Companies; Stakeholder theory (search for similar items in EconPapers)
Date: 2014-06
New Economics Papers: this item is included in nep-env, nep-hme and nep-law
Note: View the original document on HAL open archive server: https://minesparis-psl.hal.science/hal-00969099v1
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Citations: View citations in EconPapers (3)

Published in EURAM, Jun 2014, Valence, Spain

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00969099

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