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The History of Corporate Social Responsibility: Towards a Comparative and Institutional Contribution

In: A History of Socially Responsible Business, c.1600–1950

Author

Listed:
  • David Chan Smith

    (Wilfrid Laurier University)

  • William A. Pettigrew

    (University of Kent)

Abstract

The common-law joint-stock corporation was born social. The drafters of the charter of the Muscovy CompanyMuscovy Company (1555), the first English joint-stock company, had as much in mind when they explained that the company was intended to expand the “general wealth” of the kingdom. Though this was a commercial corporation trading for the private benefit of its members, the drafters also described the company as a “society” of merchantsMerchants , and so the governorGovernor and his assistants were granted authority to make by-laws “for the government, good condition and laudable rule of the said fellowship and community of MerchantsMerchants ”.

Suggested Citation

  • David Chan Smith & William A. Pettigrew, 2017. "The History of Corporate Social Responsibility: Towards a Comparative and Institutional Contribution," Palgrave Studies in the History of Finance, in: William A Pettigrew & David Chan Smith (ed.), A History of Socially Responsible Business, c.1600–1950, chapter 0, pages 1-31, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-3-319-60146-5_1
    DOI: 10.1007/978-3-319-60146-5_1
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    Cited by:

    1. Ioannis Koukoumpliakos, 2021. "How Corporate Social Responsibility Affects the Aspects of Human Resources Management," Economics Working Papers 2021-01, University of South Bohemia in Ceske Budejovice, Faculty of Economics.

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