The Market For Virtue by David Vogel
The Potential and Limits of Corporate Social Responsibility
This book analyzes the rise and limits of corporate social responsibility, arguing that market forces — reputational concerns, consumer and investor pressure, NGO activism and comparative advantage — can and have encouraged firms to adopt more socially and environmentally responsible practices, but only under specific conditions; voluntary codes and private governance often produce uneven and partial results, work best when they align with business interests or when reputational risk is high, and are not a substitute for government regulation and enforcement, so meaningful, widespread improvement typically requires public policy alongside market incentives.
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- Published
- 2005
- Nationality
- American
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
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