Prerequisite: ECO201, ECO202
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)