- The Oxford Handbook of Corporate Social Responsibility
- List of Figures
- List of Tables
- Editor Biographies
- Author Biographies
- The Corporate Social Responsibility Agenda
- A History of Corporate Social Responsibility: Concepts and Practices
- Corporate Social Responsibility Theories
- The Business Case for Corporate Social Responsibility
- Corporate Social Performance and Financial Performance: A Research Synthesis
- Principals and Agents: Further Thoughts on the Friedmanite Critique of Corporate Social Responsibility
- Rethinking Corporate Social Responsibility and the Role of the Firm—On the Denial of Politics
- Critical Theory and Corporate Social Responsibility : Can/Should We Get Beyond Cynical Reasoning?
- Much Ado about Nothing: A Conceptual Critique of Corporate Social Responsibility
- Top Managers as Drivers for Corporate Social Responsibility
- Socially Responsible Investment and Shareholder Activism
- Consumers as Drivers of Corporate Social Responsibility
- Corporate Social Responsibility, Government, and Civil Society
- Corporate Governance and Corporate Social Responsibility
- Stakeholder Theory: Managing Corporate Social Responsibility in a Multiple Actor Context
- Responsibility in the Supply Chain
- Corporate Social Responsibility: The Reporting and Assurance Dimension
- Globalization and Corporate Social Responsibility
- Corporate Social Responsibility and Theories of Global Governance: Strategic Contestation in Global Issue Arenas
- Corporate Social Responsibility in a Comparative Perspective
- Corporate Social Responsibility in Developing Countries
- Educating for Responsible Management
- Corporate Social Responsibility: Deep Roots, Flourishing Growth, Promising Future
- Senior Management Preferences and Corporate Social Responsibility
- The Transatlantic Paradox: How Outdated Concepts Confuse the American/European Debate about Corporate Governance
- Spirituality as a Firm Basis for Corporate Social Responsibility
- Future Perspectives of Corporate Social Responsibility : Where we are Coming from? Where are we Heading?
Abstract and Keywords
This article analyzes the advent of globalization and delineates its impact on the corporation and its social responsibilities. It begins with an explanation of the concept of globalization. Next, it describes the traditional paradigm of corporate social responsibility (CSR) where the responsibilities of businesses are discussed vis-à-vis a more or less properly working nation-state system and a homogeneous moral. It describes the new situation of regulatory gaps in global regulation, an erosion of national governance, and a loss of moral and cultural homogeneity in the corporate environment. It also discusses the consequences of the post-national constellation with the help of two recent observations of business firms' behavior which call for a fresh view of the concept of CSR. Finally, it describes the necessary paradigm shifts toward a new politically enlarged concept of CSR in a globalized world.
Andreas Georg Scherer is Professor at the University of Zurich (Switzerland). His research interests are in business ethics, critical theory, international management, organization theory, and philosophy of science. He has published nine books. His work has appeared in numerous journals and volumes.
Guido Palazzo is Professor at the Faculty of Management and Economics at the University of Lausanne. Guido holds a doctorate in philosophy from the University of Bamberg in Germany. His research interests are in the area of CSR, ethical decision‐making, political theory, and branding. Key publications include: • Guido Palazzo and Andreas Scherer (2006), ‘Corporate Legitimacy as Deliberation. A Communicative Framework’, Journal of Business Ethics, 66: 71–88. • Andreas Scherer, Guido Palazzo, and Dorothée Baumann (2006), ‘Global Rules and Private Actors—Towards a New Role of the TNC in Global Governance’, Business Ethics Quarterly, 16(4): 505–32. • Kunal Basu and Guido Palazzo, ‘Corporate Social Responsibility: A Process Model of Sensemaking’, Academy of Management Review (forthcoming).
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