CORPORATE SOCIAL RESPONSIBILITY AND CORPORATE GOVERNANCE

Elaine Sternberg

Economic Affairs, 2009, vol. 29, issue 4, 5-10

Abstract: Corporate social responsibility (‘CSR’) is often associated with hopes for improved corporate governance. As understood conventionally, however, CSR is conceptually incoherent, practically unworkable, and wholly unjustified. To be compatible with corporate governance, ‘CSR’ needs to be understood not as Counterproductive Stakeholder Regimentation, but as Conscientious Stakeholder Responsibility.

Date: 2009
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