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Cited by 2,131Corporate Social Responsibility ReportingCorporate Social Responsibility and SustainabilityGlobalization and political ideologies

The DOI matches its Crossref record; 296 of the 296 references it cites were found in a registry or an index.

The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy

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Scherer, Andreas Georg, Palazzo, Guido·2011·Journal of Management Studies
DOI 10.1111/j.1467-6486.2010.00950.x
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Abstract

Scholars in management and economics widely share the assumption that business firms focus on profits only, while it is the task of the state system to provide public goods. In this view business firms are conceived of as economic actors, and governments and their state agencies are considered the only political actors. We suggest that, under the conditions of globalization, the strict division of labour between private business and nation‐state governance does not hold any more. Many business firms have started to assume social and political responsibilities that go beyond legal requirements and fill the regulatory vacuum in global governance. Our review of the literature shows that there are a growing number of publications from various disciplines that propose a politicized concept of corporate social responsibility. We consider the implications of this new perspective for theorizing about the business firm, governance, and democracy.

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Metadata

Authors
Scherer, A. G., & Palazzo, G.
Affiliations
  • University of Zurich (CH)
  • University of Lausanne (CH)
Corresponding author
Scherer, Andreas Georg
ORCID
Scherer, Andreas Georg
Venue
Journal of Management Studies
Publisher
Wiley
Published
2011-04-27
Volume
48
Issue
4
Pages
899-931
ISSN
  • 0022-2380 (ISSN-L)
  • 1467-6486
DOI
10.1111/j.1467-6486.2010.00950.x
OpenAlex
W2122387224
Cited by
2,131
References
296
Citations by year
2026: 118 · 2025: 114 · 2024: 142 · 2023: 149 · 2022: 147 · 2021: 158 · 2020: 209 · 2019: 194 · 2018: 173 · 2017: 140 · 2016: 122 · 2015: 129 · 2014: 125 · 2013: 104 · 2012: 72
FWCI
193.09
Type
journal article
Language
en
Open access
Licence
Locations
  • Journal of Management Studies (publishedVersion, public-domain)
  • IRIS (submittedVersion)
  • SERVAL (Université de Lausanne) (submittedVersion)
  • Zurich Open Repository and Archive (University of Zurich) (submittedVersion)
Funders
City University of New York
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Corporate Social Responsibility and Sustainability
  • Social Sciences › Political Science and International Relations › Globalization and political ideologies
Keywords
corporate social responsibility, business and politics, globalization, global governance, regulatory vacuum, theory of the firm, governance, democracy, state-business relations, public goods

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