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Corporate Social Responsibility: A Microeconomic Review Of The Literature

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  • Jan Schmitz
  • Jan Schrader

Abstract

This paper provides a review of the theoretical and empirical literature on Corporate Social Responsibility (CSR). Depending on whether an individual can be considered as selfish, or whether she has also social preferences, motives for CSR, can be explained in different ways. Furthermore, we explicitly highlight the influence of different Corporate Governance System on CSR as well as the relationship between firms' size and social commitment. Because it is difficult to distinguish between different theories in empirical studies, we argue that an experimental approach might be suitable to test theories of CSR.

Suggested Citation

  • Jan Schmitz & Jan Schrader, 2015. "Corporate Social Responsibility: A Microeconomic Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(1), pages 27-45, February.
  • Handle: RePEc:bla:jecsur:v:29:y:2015:i:1:p:27-45
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    File URL: http://hdl.handle.net/10.1111/joes.12043
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    References listed on IDEAS

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    Cited by:

    1. Fanti, Luciano & Buccella, Domenico, 2018. "Pollution, green union and network industry," Economics Discussion Papers 2018-40, Kiel Institute for the World Economy (IfW).
    2. Michał Jurek, 2014. "The genesis and evolution of CSR self-regulation with special refer-ence to the case of financial institutions," Working papers wpaper70, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    3. repec:nup:jrmdke:v:5:y:2017:i:3:415-437 is not listed on IDEAS
    4. Andrea Bassanini & Giorgio Brunello & Eve Caroli, 2017. "Not in My Community: Social Pressure and the Geography of Dismissals," Journal of Labor Economics, University of Chicago Press, vol. 35(2), pages 429-483.
    5. Colonnello, Stefano & Curatola, Giuliano & Gioffré, Alessandro, 2017. "Pricing sin stocks: Ethical preference vs. risk aversion," IWH Discussion Papers 20/2017, Halle Institute for Economic Research (IWH).
    6. Halkos, George & Skouloudis, Antonis, 2016. "Cultural dimensions and corporate social responsibility: A cross-country analysis," MPRA Paper 69222, University Library of Munich, Germany.
    7. Victor Hiller & Natacha Raffin, 2018. "Corporate Social Responsibility and workers' motivation at the industry equilibrium," EconomiX Working Papers 2018-34, University of Paris Nanterre, EconomiX.
    8. repec:eee:dyncon:v:91:y:2018:i:c:p:71-83 is not listed on IDEAS

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