A Dynamic Model of Internally-Driven Corporate Social Responsibility and Enlightened Profit Maximization

Balboni, Fabio (2009) A Dynamic Model of Internally-Driven Corporate Social Responsibility and Enlightened Profit Maximization. Bologna: Dipartimento di Scienze economiche DSE, p. 26. DOI 10.6092/unibo/amsacta/4571. In: Quaderni - Working Paper DSE (674). ISSN 2282-6483.
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Abstract

The aim of this paper is to contribute to the analysis of Corporate Social Responsibility (CSR) from an economic perspective, in two ways. Firstly, introducing a new definition and a new framework of analysis, which can account for both the externallydriven and the internallydriven view of CSR. Secondly, developing a dynamic model of internallydriven CSR – which draws inspiration from the literature on renewable resources – to show that, under certain circumstances, an enlightened profit‐maximizing firm will behave as ‘Socially‐Responsible’ to the eyes of the society. The paper also discusses some possible limits and extensions of this theoretical framework.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Balboni, Fabio
Keywords
Corporate Social Responsibility, Factors of Production, Intertemporal Firm Choice, Dynamic Optimization
Subjects
ISSN
2282-6483
DOI
Deposit date
09 Feb 2016 12:27
Last modified
09 Feb 2016 12:27
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