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Title Environmental protection and the social responsibility of firms : perspectives from law, economics, and business / Bruce L. Hay, Robert N. Stavins, Richard H.K. Vietor, editors. [O'Reilly electronic resource]

Imprint Washington, DC : Resources for the Future, ©2005.
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Description 1 online resource (viii, 210 pages)
Bibliography Includes bibliographical references and index.
Contents The four questions of corporate social responsibility / Bruce L. Hay, Robert N. Stavins, and Richard H.K. Vietor -- Corporate managers' operational discretion to sacrifice corporate porifits in the public interest / Einer R. Elhauge -- Does greater managerial freedom to sacrifice profits lead to higher social welfare? / John J. Donohue -- On sacrificing profits in the public interest / Mark J. Roe -- Corporate social responsibility / Paul R. Portney -- Does corporate social responsibility / Dennis J. Aigner -- On Portney's complaint / Daniel C. Esty -- Environmental protection and the social responsibility of firms / Forest L. Reinhardt -- Ethics, risk and the environment in corporate responsibility / Eric W. Orts -- Opportunities for and limitations of corporate environmentalism / David Vogel.
Summary Everyone agrees that firms should obey the law. But beyond what the law requires-beyond bare compliance with regulations-do firms have additional social responsibilities to commit resources voluntarily to environmental protection? How should we think about firms sacrificing profits in the social interest? Are they permitted to do so, given their fiduciary responsibilities to their shareholders? Even if permissible, is the practice sustainable, or will the competitive marketplace render such efforts and their impacts transient at best? Furthermore, is the practice, however well intended, an efficient use of social and economic resources? And, as an empirical matter, to what extent do firms already behave this way? Until now, public discussion has generated more heat than light on both the normative and positive questions surrounding corporate social responsibility (CSR) in the environmental realm. In Environmental Protection and the Social Responsibility of Firms, some of the nation̐ưs leading scholars in law, economics, and business examine commonly accepted assumptions at the heart of current debates on corporate social responsibility and provide a foundation for future research and policymaking.
Subject Industrial management -- Environmental aspects.
Environmental protection.
Social responsibility of business.
Gestion d'entreprise -- Aspect de l'environnement.
Environnement -- Protection.
Entreprises -- Responsabilité sociale.
environmental protection.
Environmental protection
Industrial management -- Environmental aspects
Social responsibility of business
Soziale Verantwortung
Umweltschutz
Unternehmen
Unternehmensethik
Wirtschaftsethik
Milieubeleid.
Sociale verantwoordelijkheid.
Bedrijven.
Gestion d'entreprise -- Aspect de l'environnement.
Environnement -- Protection.
Entreprises -- Responsabilité sociale.
Aspect économique.
Aspect juridique.
Gestion d'entreprise.
Protection de l'environnement.
Responsabilité environnementale.
Responsabilité sociale de l'entreprise.
Genre Aufsatzsammlung.
Added Author Hay, Bruce L.
Stavins, R. N. (Robert N.), 1948-
Vietor, Richard H. K., 1945-
Other Form: Print version: Environmental protection and the social responsibility of firms. Washington, DC : Resources for the Future, ©2005 1933115025 (DLC) 2004022279 (OCoLC)56591921
ISBN 9781936331192 (electronic bk.)
1936331195 (electronic bk.)
9781136526824
113652682X
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