- Copyright Page
- List of Figures
- List of Tables
- List of Contributors
- New Developments in the Study of Corporate Social Responsibility
- The Psychology of CSR
- Good Intentions are Not Enough: Applying Best Practices from Humanitarian Aid to Evaluate Corporate Social Responsibility
- Corporate Social Responsibility and Meaningful Work
- Diversity and Corporate Social Responsibility: Exploring the Potential Connections between Top Management Team/Board Diversity, CSR, and Workforce Diversity
- Responsible Business and Individual Differences: Employee Externally-Directed Citizenship and Green Behaviors
- Corporate Volunteering: Who Really Wins?
- Corporate Social Irresponsibility in Spite of Efforts to Act Responsibly: The Nature, Measurement, and Contextual Antecedents of CSR and CSiR by Organizations
- When CSR Backfires: Understanding Stakeholders’ Negative Responses to Corporate Social Responsibility
- Environmental Responsibility: Theoretical Perspective
- CSR and Environmental Law: Concepts, Intersections, and Limitations
- Environmental Management and Strategy
- On the Links between Corporate Environmental and Financial Performance: Camera or Mirror?
- New Roles for Business: Responsible Innovators for a Sustainable Future
- Social Entrepreneurship: Prospects for the Study of Market-Based Activity and Social Change
- Corporate Responsibility and the Base of the Pyramid Proposition
- Bringing Together the Big and the Small: Multinational Corporation Approaches to Corporate Social Responsibility and Entrepreneurship in Africa
- Entrepreneurship <i>by</i> and <i>for</i> Disadvantaged Populations: Global Evidence
- Stakeholder Management: A Managerial Perspective
- The Consequences of Mandatory Corporate Sustainability Reporting
- Profit-with-Purpose Corporations: An Innovation in Corporate Law to Meet Contemporary CSR Challenges
- Redefining the Strategy Field in the Age of Sustainability
- A Researcher’s Guide to Business and Society Archival Datasets
- Mightier than the Sword: How Activists Use Rhetoric to Facilitate Perception Change in Industries
- Institutions and Corporate Social Responsibility
- Social Movements and Corporate Social Responsibility: From Contention to Engagement
- Corporate Social Responsibility in Emerging Markets
Abstract and Keywords
Companies are increasingly expected to provide innovative solutions to social and environmental challenges as part of their business activity. But do they have the leeway to do so? Since 2010, new legal forms have appeared in several countries, which show that the legal conditions to protect CSR initiatives are not always met. By defining social or environmental “purposes” in their charters, these new “profit-with-purpose corporations” (PPCs) commit the corporation toward purposes that are not primarily driven by a profit-maximization perspective, even if they do not exclude profit. This chapter reviews these forms, analyses their motivations, and proposes a model of PPCs. It discusses the theoretical scope of PPCs as a new legal design framework designed to support CSR initiatives, and opens avenues for new lines of research.
Kevin Levillain, Assistant Professor at Center for Management Science, Mines ParisTech, PSL Research University
Blanche Segrestin, Professor in Management Sciences, Mines ParisTech, PSL Research University
Armand Hatchuel, Professor (exceptional class) and Co-Chair of the Chair Theory and Methods of Innovative Design, Mines ParisTech, PSL Research University
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