Corporate Social Responsibility and Human Development

Giulio Guarini

Bulletin of Political Economy, 2012, vol. 6, issue 1, 39-50

Abstract: Here I illustrate an original framework within which to consider the role of Corporate Social Responsibility (CSR), defined as socioeconomic innovation, on development process by a cost-benefit analysis. CSR can generate costs of implementation and some costs in terms of community development. On the other hand, CSR can generate business benefits for firm and benefits for local community both directly, by producing public goods, and indirectly by sustaining civil society and public institutions in order to promote development process oriented to individual and collective well-being.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:awu:journl:v:6:y:2012:i:1:p:39-50

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