Descriptif

This course introduces the economics of corporate social responsibility (CSR), and the determinants for businesses, acting on a voluntary basis, to incorporate social, environmental, and ethical concerns into their economic activities and interactions with their stakeholders. It consists in three parts. The first part presents the basic stylized facts about CSR and the role of governments and investors in promoting responsible behaviors. The second part presents the three main models which explain CSR decisions. The third part covers the data and impact analysis of CSR.

Textbook: Corporate Environmentalism and Public Policy by Thomas P. Lyon & John W. Maxwell (Cambridge University Press)/ The Market for virtue: the potential and limits for CSR by David Vogel (Brookings institution press)