Corporate Social Responsibility and Corporate Governance: The Contribution of Economic Theory and Related Disciplines

Cover......Page 1
Contents......Page 6
Acknowledgements......Page 8
List of Tables......Page 9
List of Figures......Page 10
Notes on the Contributors......Page 12
Introduction......Page 14
Part I: Nature of the Firm and its Governance Structure: Human Asset Specificity, Team Production and the Stakeholder Approach......Page 44
1 Corporate Governance: A Contractual and Organizational Perspective......Page 46
2 Human-Asset Essentiality and Corporate Social Capital in a Stakeholders-Society Perspective......Page 76
3 Stakeholder Theory as a Basis for Capitalism......Page 95
4 Behavioral Economics, Federalism and the Triumph of Stakeholder Theory......Page 116
5 Specific Investment and Corporate Law......Page 142
Part II: Normative Foundations of CSR as a Corporate Governance Model: Social Contract of the Firm, Reputations and Rational Agency......Page 172
6 Corporate Social Responsibility in a Market Economy: The Perspective of Constitutional Economics......Page 174
7 A Rawlsian View of CSR and the Game Theory of its Implementation (Part I): the Multi-stakeholder Model of Corporate Governance......Page 200
8 A Rawlsian View of CSR and the Game Theory of its Implementation (Part II): Fairness and Equilibrium......Page 237
9 When Reputation is not Enough: Justifying Corporate Social Responsibility......Page 296
10 Rational Association and Corporate Responsibility......Page 315
Part III: CSR, Social Standards and Multi-Stakeholder Organisations According to the Behavioral Economics Perspective......Page 340
11 The Roles of Standardization, Certification, and Assurance Services in Global Commerce......Page 342
12 Voluntary Co-determination Produces Sustainable Competitive Advantage......Page 375
13 Corporate Trust Games in Modern Knowledge Economies......Page 396
14 Effects of Different Stakeholder Groups' Strategic Control on Organizational Effectiveness and Well-Being of Customers and Employees: An Empirical Investigation......Page 424
15 Trusting, Trustworthiness, and CSR: Some Experiments and Implications......Page 453
Index......Page 475