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Cited by 2,237Corporate Social Responsibility ReportingCorporate Social Responsibility and SustainabilityEthics in Business and Education

Individual and Corporate Social Responsibility

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BÉNABOU, ROLAND, TIROLE, JEAN·2010·Economica
DOI 10.1111/j.1468-0335.2009.00843.x
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Abstract

Society's demands for individual and corporate social responsibility as alternative responses to market and distributive failures are becoming increasingly prominent. We draw on recent developments in the psychology and economics of prosocial behaviour to shed light on this trend and the underlying mix of motivations. We then link individual concerns to corporate social responsibility, contrasting three possible understandings of the term: firms' adoption of a more long‐term perspective, the delegated exercise of prosocial behaviour on behalf of stakeholders, and insider‐initiated corporate philanthropy. We discuss the benefits, costs and limits of socially responsible behaviour as a means to further societal goals.

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Crossref · 10.1111/j.1468-0335.2009.00843.x

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  • One view is that institutional investors take a long-term view and seek to maximize inter-temporal profits.

    “One view is that institutional investors take a long-term view and seek to maximize inter-temporal profits.”

    From The Importance of Climate Risks for Institutional Investors (2020) · cites this paper as Bénabou and Tirole (2010)

  • A related view posits that investment managers consider climate risks because it benefits them at the expense of their beneficiaries.

    “A related view posits that investment managers consider climate risks because it benefits them at the expense of their beneficiaries (Bénabou and Tirole 2010).”

    From The Importance of Climate Risks for Institutional Investors (2020) · cites this paper as Bénabou and Tirole 2010

  • Bénabou and Tirole (2010) propose several views on firm managements' motivations to engage in corporate social responsibility.

    “Bénabou and Tirole (2010) propose several views on firm managements' motivations to engage in corporate social responsibility.”

    From The Importance of Climate Risks for Institutional Investors (2020) · cites this paper as Bénabou and Tirole (2010)

  • CSR reporting frequently has to deal with long-term prospects that are difficult to quantify and intangible in nature.

    “Thus, CSR reporting frequently has to deal with long-term prospects that are difficult to quantify and intangible in nature (e.g., consumer goodwill or employee relations).”

    From Mandatory CSR and sustainability reporting: economic analysis and literature review (2021) · cites this paper as Bénabou and Tirole 2010

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Authors
BÉNABOU, R., & TIROLE, J.
Affiliations
Princeton University (US)
ORCID
BÉNABOU, ROLAND
Venue
Economica
Publisher
Wiley
Published
2009-12-22
Volume
77
Issue
305
Pages
1-19
ISSN
  • 0013-0427 (ISSN-L)
  • 1468-0335
DOI
10.1111/j.1468-0335.2009.00843.x
OpenAlex
W3121550950
Cited by
2,237
References
2
Citations by year
2026: 195 · 2025: 251 · 2024: 264 · 2023: 272 · 2022: 231 · 2021: 177 · 2020: 178 · 2019: 139 · 2018: 107 · 2017: 93 · 2016: 88 · 2015: 61 · 2014: 52 · 2013: 57 · 2012: 45
FWCI
67.27
Type
journal article
Language
en
Open access
Licence
onlinelibrary.wiley.com/termsAndConditions#vor (vor)
Locations
  • Economica (publishedVersion)
  • Toulouse 1 Capitole Publications (Université Toulouse I Capitole) (acceptedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Zenodo (CERN European Organization for Nuclear Research) (submittedVersion, other-oa)
Funders
  • Canadian Institute for Advanced Research
  • London School of Economics and Political Science
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 › Decision Sciences › Information Systems and Management › Ethics in Business and Education
Keywords
individual social responsibility, corporate social responsibility, prosocial behavior, market failure, distributive justice, corporate philanthropy, socially responsible behavior

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