search query: @indexterm Social responsibility / total: 844
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| Author: | Baron, D.P. |
| Title: | Managerial contracting and corporate social responsibility |
| Journal: | Journal of Public Economics
2008 : FEB, VOL. 92:1-2, p. 268-288 |
| Index terms: | corporate responsibility social responsibility management incentives contracts theories |
| Freeterms: | CSR |
| Language: | eng |
| Abstract: | A theory of corporate social responsibility (CSR) is presented in the form of the private provision of public goods and private redistribution by a firm. There are three explanations for compensation systems encompassing social performance: 1. Consumers may reward the firm for its social expenditures (here as: soc.exps.), 2. managers may have personal preferences for contributing to social causes, 3. the shareholder clientele a firm attracts may prefer soc-exps. Social and profit incentives are higher powered the more consumers reward the firm. In addition, there are more reported results in detail. |
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