Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorFalck, Oliveren_UK
dc.contributor.authorHeblich, Stephanen_UK
dc.description.abstractSaving the rain forest from yet another palm oil plantation would certainly garner a company favorable attention from environmentalists, but how would its shareholders react? In this article, we show that by strategically practicing corporate social responsibility (CSR), a company can 'do well by doing good'; in other words, it can make a profit and make the world a better place at the same time. CSR is regarded as voluntary corporate commitment to exceed the explicit and implicit obligations imposed on a company by society's expectations of conventional corporate behavior. Hence, CSR is a way of promoting social trends in order to enhance society's basic order, which we define as consisting of obligations that cover both the legal framework and social conventions. Due to globalization, companies are now less constrained by society's basic order than they have been in the past. Because different countries have different laws and standards, there are more ways to get away with less than ideal behavior in the quest for greater and greater profits. Nearly everyone agrees that this is not a good thing, but what can be done? Via this article, we offer an understanding of CSR that could be the answer. Herein, we contend that practicing CSR is not altruistic do-gooding, but rather a way for both companies and society to prosper. This is especially true when CSR is conceived of as a long-range plan of action.en_UK
dc.publisherElsevier for Indiana University, Kelley School of Businessen_UK
dc.relationFalck O & Heblich S (2007) Corporate social responsibility: Doing well by doing good. Business Horizons, 50 (3), pp. 247-254.
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.subjectCorporate social responsibilityen_UK
dc.subjectSociety's basic orderen_UK
dc.titleCorporate social responsibility: Doing well by doing gooden_UK
dc.typeJournal Articleen_UK
dc.rights.embargoreason[Heblich_2007_CSR_Doing_well_by_doing_good.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.citation.jtitleBusiness Horizonsen_UK
dc.type.statusVoR - Version of Recorden_UK
dc.contributor.affiliationIfo Institute for Economic Research, Germanyen_UK
rioxxterms.typeJournal Article/Reviewen_UK
local.rioxx.authorFalck, Oliver|en_UK
local.rioxx.authorHeblich, Stephan|en_UK
local.rioxx.projectInternal Project|University of Stirling|
Appears in Collections:Economics Journal Articles

Files in This Item:
File Description SizeFormat 
Heblich_2007_CSR_Doing_well_by_doing_good.pdfFulltext - Published Version963.75 kBAdobe PDFUnder Embargo until 3000-01-01    Request a copy

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.