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The History of Corporate Social Responsibility: Towards a Comparative and Institutional Contribution

David Chan Smith () and William A. Pettigrew ()
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David Chan Smith: Wilfrid Laurier University
William A. Pettigrew: University of Kent

Chapter Chapter 1 in A History of Socially Responsible Business, c.1600–1950, 2017, pp 1-31 from Palgrave Macmillan

Abstract: Abstract The common-law joint-stock corporation was born social. The drafters of the charter of the Muscovy CompanyMuscovy Company (1555), the first English joint-stock company, had as much in mind when they explained that the company was intended to expand the “general wealth” of the kingdom. Though this was a commercial corporation trading for the private benefit of its members, the drafters also described the company as a “society” of merchantsMerchants , and so the governorGovernor and his assistants were granted authority to make by-laws “for the government, good condition and laudable rule of the said fellowship and community of MerchantsMerchants ”.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-60146-5_1

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DOI: 10.1007/978-3-319-60146-5_1

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