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 two parts. The first part presents what is and is not CSR in economics, and the relationship between CSR and climate risk. The second part develops the relationship between CSR and financial performance, and how companies succeed in motivating employees with 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)
Evaluation: continuous assessment + final exam
The final exam consists of a written report analyzing a scientific research article on the topics covered in class. The report is prepared at home, over several weeks.
- Teaching coordinator: Crifo Patricia