Corporate Social Responsibility and the Environment: A Theoretical Perspective
Thomas Lyon () and
John Maxwell ()
No 2007-16, Working Papers from Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
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)
Persistent link: https://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.
Bibliographic data for series maintained by Rick Harbaugh ().