What to Make of Unprofitable Corporate Social Responsibility

  title={What to Make of Unprofitable Corporate Social Responsibility},
  author={Reagan Seidler},
  journal={Sustainability \& Economics eJournal},
  • Reagan Seidler
  • Published 6 July 2016
  • Business, Economics
  • Sustainability & Economics eJournal
Decades of empirical tests have yet to confirm that corporate social responsibility is and has been a financially responsible business strategy. This paper addresses why firms may choose to adopt a CSR strategy notwithstanding its bottom line effect. It is argued that a purely rational, enlightened self-interest understanding of the CSR movement is incomplete, and rather, that the insights of prospect theory allow for a fuller account of socially responsible behaviour. Analysing the business… 

Working with values: an alternative approach to win-win

In this paper we offer an alternative perspective on the business case for why organisations should embrace the arguments for corporate social responsibility (CSR). In particular we look at the


Global millennials, most often defined as born between 1981 and 1997, now account for 27% of the global population or 2 billion people. Together, China, India, United States, Indonesia, and Brazil



Exploring the Valuation of Corporate Social Responsibility—A Comparison of Research Methods

This paper argues the case that tests of how investors value corporate social performance (CSP) based upon realised stock market returns are liable to be weak tests if markets are efficient and firms

Corporate Social Responsibility Through an Economic Lens

Business leaders, government officials, and academics are focusing considerable attention on the concept of “corporate social responsibility” (CSR), particularly in the realm of environmental

Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility

Should corporations serve as agents of social change? For more than 30 years, scholars have attempted to make a "business case" that demonstrates that corporations should because they can earn

Strategy and society: the link between competitive advantage and corporate social responsibility.

A fundamentally new way is proposed to look at the relationship between business and society that does not treat corporate growth and social welfare as a zero-sum game and introduces a framework that individual companies can use to identify the social consequences of their actions.

The Market for Virtue: The Potential and Limits of Corporate Social Responsibility

  • T. Luca
  • Economics
    Perspectives on Politics
  • 2006
The Market for Virtue: The Potential and Limits of Corporate Social Responsibility. By David Vogel. Washington, DC: The Brookings Institute, 2005. 222p. $28.95. Is there a “market for virtue”? If so,

Deconstructing the Relationship Between Corporate Social and Financial Performance

For four decades, research on the role and responsibilities of business in society has centered on the business case for corporate social responsibility (CSR) and an increasing number of studies on

The Worth of Values – A Literature Review on the Relation Between Corporate Social and Financial Performance

One of the older questions in the debate about Corporate Social Responsibility (CSR) is whether it is worthwhile for organizations to pay attention to societal demands. This debate was emotionally,

A Review of the Theories of Corporate Social Responsibility: Its Evolutionary Path and the Road Ahead

This study aims to trace the conceptual evolutionary path of theories on corporate social responsibility (CSR) and to reflect on the implications of the development. The retrospection has revealed