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Corporate Social Responsibility: Fundamentalstellung für Kapitalismus und Wirtschaftssoziologie

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  • Boeddeling, Jann
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    Abstract

    -- The field of Corporate Social Responsibility is described and the theory on it is critically reviewed. It is argued that present theory is insufficient in explaining the phenomenon of CSR and might fail to recognize some of its deeper significance. A new basis for the theoretical analysis of CSR is henceforth developed that aims at understanding CSR as a discourse on the relation of economy and society. It is shown that a foundation for such theory can be found in Max Weber's Economic Sociology and particularly in his modeling of ideal interests as the locus of discourse-driven changes in the relation between economy and society. It is concluded that analyzing CSR as a phenomenon of ideal interests allows for the modeling of its potential to reshape the prevailing form of capitalism and that such analysis could prove to be a starting point for the development of a distinctively sozialökonomische theory of action.

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    Bibliographic Info

    Paper provided by Witten/Herdecke University, Faculty of Management and Economics in its series Discussion Papers with number 17/2011.

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    Date of creation: 2011
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    Handle: RePEc:zbw:uwhdps:172011

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    Keywords: capitalism; economy and society; corporate social responsibility; corporate social performance; economic sociology; economic history; theory of action; new institutionalism in economic sociology; Max Weber; protestant ethics; social economics; ideal interests;

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    1. Hall, Peter A. & Soskice, David (ed.), 2001. "Varieties of Capitalism: The Institutional Foundations of Comparative Advantage," OUP Catalogue, Oxford University Press, number 9780199247752.
    2. S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
    3. Isabelle Maignan & David A Ralston, 2002. "Corporate Social Responsibility in Europe and the U.S.: Insights from Businesses' Self-presentations," Journal of International Business Studies, Palgrave Macmillan, vol. 33(3), pages 497-514, September.
    4. Baron, David P., 2001. "Private Politics," Research Papers 1689, Stanford University, Graduate School of Business.
    5. Preston, Lee E, 1975. "Corporation and Society: The Search for a Paradigm," Journal of Economic Literature, American Economic Association, vol. 13(2), pages 434-53, June.
    6. David P. Baron, 2001. "Private Politics, Corporate Social Responsibility, and Integrated Strategy," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(1), pages 7-45, 03.
    7. Jonathan P. Doh & Terrence R. Guay, 2006. "Corporate Social Responsibility, Public Policy, and NGO Activism in Europe and the United States: An Institutional-Stakeholder Perspective," Journal of Management Studies, Wiley Blackwell, vol. 43(1), pages 47-73, 01.
    8. Duane Windsor, 2006. "Corporate Social Responsibility: Three Key Approaches," Journal of Management Studies, Wiley Blackwell, vol. 43(1), pages 93-114, 01.
    9. Silvia Dorado, 2006. "Social Entrepreneurial Ventures: Different Values So Different Process Of Creation, No?," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 11(04), pages 319-343.
    10. Abagail McWilliams & Donald S. Siegel & Patrick M. Wright, 2005. "Corporate Social Responsibility: Strategic Implications," Rensselaer Working Papers in Economics 0506, Rensselaer Polytechnic Institute, Department of Economics.
    11. Viktor J. Vanberg, 2008. "The Economics of Moral Preferences," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(4), pages 605-628, October.
    12. Mark Granovetter, 2005. "The Impact of Social Structure on Economic Outcomes," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 33-50, Winter.
    13. Noreen, Eric, 1988. "The economics of ethics: A new perspective on agency theory," Accounting, Organizations and Society, Elsevier, vol. 13(4), pages 359-369, June.
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