- 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- The Transatlantic Paradox: How Outdated Concepts Confuse the American/European Debate about Corporate Governance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 develops a framework in which corporate social responsibility (CSR) represents the contested terrain of global governance. The rise of CSR is one of the more striking developments of recent decades in the global political economy. Calls for multinational corporations (MNCs) to demonstrate greater responsibility, transparency, and accountability are leading to the establishment of a variety of new governance structures—rules, norms, codes of conduct, and standards—that constrain and shape MNCs' behavior. CSR is thus not just a struggle over practices, but over the locus of governance authority, offering a potential path toward the transformation of stakeholders from external observers and petitioners into legitimate and organized participants in decision-making. This article points to two distinct perspectives on CSR; as a more socially embedded and democratic form of governance that emanates from civil society, or alternatively, as a privatized system of corporate governance that lacks public accountability.
David L. Levy is Professor of Management at the University of Massachusetts, Boston. He received a DBA from Harvard Business School, and his research examines strategic contestation over the governance of controversial global issues, with a focus on climate change. His most recent book, co‐edited with Peter Newell, is The Business of Global Environmental Governance (MIT Press, 2005).
Rami Kaplan, Ph.D. candidate, Department of Sociology and Anthropology, Tel Aviv University.
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