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Dynamics of corporate social responsability: towards a new 'conception of control'?

Author

Listed:
  • Thomas Lamarche

    (LADYSS - Laboratoire Dynamiques Sociales et Recomposition des Espaces - UP1 - Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8 Vincennes-Saint-Denis - UPN - Université Paris Nanterre - UPD7 - Université Paris Diderot - Paris 7 - CNRS - Centre National de la Recherche Scientifique)

  • Marianne Rubinstein

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

Abstract

Corporate social responsibility (CSR) was long associated with the ethics of company heads but now falls within an institutional process whereby practices give rise to rules which in turn modify company actions. CSR has spread as a result of social demand for a more ecological society, but it also constitutes a response to the crisis of shareholder governance. Drawing on the notion of 'conception of control' set out by Neil Fligstein (1990), we argue that CSR has given rise to a new 'conception of control', which we term 'shareholder-CSR compatible'. Such a conception reflects how governance changes when environmental and societal responsibilities are combined with responsibility to shareholders. Shareholder value is still central within the enterprise, but top managers must now assume the position of mediators between these two imperatives.

Suggested Citation

  • Thomas Lamarche & Marianne Rubinstein, 2012. "Dynamics of corporate social responsability: towards a new 'conception of control'?," Post-Print halshs-00719217, HAL.
  • Handle: RePEc:hal:journl:halshs-00719217
    DOI: 10.1017/S174413741100049X
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    Citations

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    Cited by:

    1. Thomas Lamarche & Catherine Bodet, 2018. "Does CSR Contribute to Sustainable Development? What a Régulation Approach Can Tell Us," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(1), pages 154-172, March.
    2. Dziri Houda & Jarboui Anis, 2017. "The venture capitalist’s cognitive approach: Validation through the Tunisian context," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1323371-132, January.
    3. Chassagnon, Virgile & Dubrion, Benjamin, 2015. "Responsabilité sociale de l’entreprise et manipulation des salariés au travail : un éclairage institutionnaliste à partir d’une analyse de la littérature sur les codes de conduite," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 17.

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