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Author:Valor, C.
Title:Can consumers buy responsibly? Analysis and solutions for market failures
Journal:Journal of Consumer Policy
2008 : SEP, VOL. 31:3, p. 315-326
Index terms:consumer behaviour
consumption
ethics
corporate responsibility
social responsibility
incentives
public policy
Language:eng
Abstract:The authors study the consumers' possibilities to influence the social responsibility of companies by their consumption decisions. The result is consistent with the previous findings by confirming that responsible consumer behavior is time-consuming, economically disadvantageous and stressful for the consumers. Because of the weaknesses in the markets of responsible products, it seems to be difficult for the buyers to encourage firms to act more responsible. Therefore the author suggests that governments should support ethical shopping and require more information and mandatory reporting about corporate social responsibility.
SCIMA record nr: 268061
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