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Corporate social responsibility (CSR): Proklamace nebo ekonomická nutnost?
[Corporate social responsibility (CSR): Only a proclamation or economic necessity?]

Author

Listed:
  • Jiří Hlaváček
  • Michal Hlaváček

Abstract

The theory "corporate social responsibility" (CSR) is characterized in the paper. The paper expresses the authors' opinion, that CSR as a mere proclamation of necessity of the firms' ethic behavior does not enforce this into praxis. The internal economic motivation to CSR is the necessary condition for firms to invest in CSR. The necessary conditions for such motivation are than formulated.

Suggested Citation

  • Jiří Hlaváček & Michal Hlaváček, 2008. "Corporate social responsibility (CSR): Proklamace nebo ekonomická nutnost? [Corporate social responsibility (CSR): Only a proclamation or economic necessity?]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(5), pages 579-597.
    • Handle: RePEc:prg:jnlpol:v:2008:y:2008:i:5:id:653:p:579-597
    DOI: 10.18267/j.polek.653
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    References listed on IDEAS

    as
    1. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    2. Keasey, Kevin & Thompson, Steve & Wright, Mike (ed.), 1997. "Corporate Governance: Economic and Financial Issues," OUP Catalogue, Oxford University Press, number 9780198289913.
    3. Williamson, Oliver E, 1993. "Calculativeness, Trust, and Economic Organization," Journal of Law and Economics, University of Chicago Press, vol. 36(1), pages 453-486, April.
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    Cited by:

    1. Tomáš Rosenmayer, 2015. "The Study of Mix-form Markets in the Context of Economic Theories of Nonprofit Organizations," Ekonomika a Management, Prague University of Economics and Business, vol. 2015(3).

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    More about this item

    Keywords

    credibility; corporate social responsibility; ethic firms´ behavior; trust; economic motivation;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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