Corporate Social Responsibility and the Environment: A Theoretical Perspective

Thomas Peyton Lyon () and John W. Maxwell ()

No 2007-16, Working Papers from Indiana University, Kelley School of Business, Department of Business Economics and Public Policy

Abstract: We survey the growing theoretical literature on the motives for and welfare effects of corporate greening. We show how both market and political forces are making environmental CSR profitable, and we also discuss morally-motivated or altruistic CSR. Welfare effects of CSR are subtle and situation-contingent, and there is no guarantee that CSR enhances social welfare. We identify numerous areas in which additional theoretical work is needed.

Keywords: corporate social responsibility; environment; self-regulation; preemption; private politics (search for similar items in EconPapers)
JEL-codes: Q58 D51 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-env, nep-reg and nep-soc
Date: 2007
View list of references View citations in EconPapers

Downloads: (external link)
http://www.bus.indiana.edu/riharbau/RePEc/iuk/wpap ... -16-lyon-maxwell.pdf (application/pdf)

Related works:
Journal Article: Corporate Social Responsibility and the Environment: A Theoretical Perspective (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:iuk:wpaper:2007-16

Access Statistics for this paper

More papers in Working Papers from Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
Contact information at EDIRC.
Series data maintained by Rick Harbaugh ().