Article2009

CORPORATE SOCIAL RESPONSIBILITY AND CORPORATE GOVERNANCE1

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Corporate Social Responsibility Reporting Corporate Social Responsibility and Sustainability Corporate Governance and Financial Management

Abstract

Corporate social responsibility (‘CSR’) is often associated with hopes for improved corporate governance. As understood conventionally, however, CSR is conceptually incoherent, practically unworkable, and wholly unjustified. To be compatible with corporate governance, ‘CSR’ needs to be understood not as Counterproductive Stakeholder Regimentation, but as Conscientious Stakeholder Responsibility.

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References

1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications 1994The Politics of Stakeholder Theory 1983Stockholders and Stakeholders: A New Perspective on Corporate Governance 2006OECD Principles of Corporate Governance 1998A Stakeholder Theory of the Modern Corporation 1988Ethical Theory and Business 2017Unfolding Stakeholder Thinking 2

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2014The Relationships Between CSR, Good Governance and Accountability in the Economy of Communion (EoC) Enterprises

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