State Power: Rethinking the Role of the State in Political Corporate Social Responsibility

Judith Schrempf-Stirling ()
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Judith Schrempf-Stirling: University of Richmond

Journal of Business Ethics, 2018, vol. 150, issue 1, No 1, 14 pages

Abstract: Abstract Key accomplishments of political corporate social responsibility (CSR) scholarship have been the identification of global governance gaps and a proposal how to tackle them. Political CSR scholarship assumes that the traditional roles of state and business have eroded, with states losing power and business gaining power in a globalized world. Consequently, the future of CSR lies in political CSR with new global governance forms which are organized by mainly non-state actors. The objective of the paper is to deepen our understanding of political CSR and reintegrate notions of state power into political CSR scholarship by highlighting how states (1) set the context within which business takes place, (2) regulate offshore business practices, and (3) play pivotal roles in new global governance mechanisms.

Keywords: Political corporate social responsibility; Globalization; Foreign direct liability; Global governance (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (8)

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DOI: 10.1007/s10551-016-3198-3

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