Corporate Social Responsibility or Government Regulation: An Analysis of Institutional Choice
The article presents an economic theory of corporate social responsibility (CSR) and analyzes economic, social, political, and institutional factors that could affect the comparative advantages of CSR over government regulations. A discussion of the Russian CSR model emphasizes the importance of property protection rights for the efficient implementation of CSR, and cautions against excessive government involvement in CSR processes.
Volume (Year): 52 (2009)
Issue (Month): 8 (December)
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