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

Abstract: 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: D51 Q58 (search for similar items in EconPapers)
Date: 2007
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 (10)

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Related works:
Journal Article: Corporate Social Responsibility and the Environment: A Theoretical Perspective (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:iuk:wpaper:2007-16

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