IDEAS home Printed from https://ideas.repec.org/a/nms/mamere/10.5771-0935-9915-2019-2-3-143.html
   My bibliography  Save this article

Corporate Responsibility: In the Dilemma between Fake and Trust?

Author

Listed:
  • Fietze, Simon
  • Matiaske, Wenzel
  • Menges, Roland

Abstract

The accusation of whitewashing accompanied the discussion about corporate social responsibility (CSR) since its inception the 1950s. That's not surprising. Ever since its beginnings in Scottish moral philosophy, economics did not expect the general good to be enhanced by the individual's social orientation, but rather by its self-interest, a concept less liable to disappointment, and the work of the invisible hand (Hirschman, 1977). The latter aims to promote a common goal that individuals have not intended. Following his famous text, Adam Smith (2007 [1786], p. 350) continues: ‘I have never known much good done by those who affected to trade for the public good.’ The ‘mistrust’ of the ‘goodwill’ of the capitalist lives on in various streams such as Marxism, (neo-)liberalism or sociological system theory, to name but a few schools of thought. Marxists do not expect societal progress any more than (neo-)liberals from benevolent capitalists who, demand more taxable profits, instead of social responsibility, in the framework of the market organization of companies. System theorists find that ethical demands are hardly transferable directly into the economy code of payment/non-payment. Although Adam Smith (2007 [1786], p. 350) shared the view that the claim of public good orientation is ‘indeed, not very common among merchants’, but that ‘very few words need to be employed in dissuading them from it.’

Suggested Citation

  • Fietze, Simon & Matiaske, Wenzel & Menges, Roland, 2019. "Corporate Responsibility: In the Dilemma between Fake and Trust?," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 30(2-3), pages 143-147.
  • Handle: RePEc:nms:mamere:10.5771/0935-9915-2019-2-3-143
    DOI: 10.5771/0935-9915-2019-2-3-143
    as

    Download full text from publisher

    File URL: https://www.nomos-elibrary.de/10.5771/0935-9915-2019-2-3-143
    Download Restriction: no

    File URL: https://libkey.io/10.5771/0935-9915-2019-2-3-143?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cloos, Janis, 2021. "Employer Review Platforms – Do the Rating Environment and Platform Design affect the Informativeness of Reviews? Theory, Evidence, and Suggestions," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 32(3), pages 152-181.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nms:mamere:10.5771/0935-9915-2019-2-3-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nomos Verlagsgesellschaft mbH & Co. KG (email available below). General contact details of provider: http://www.nomos.de/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.