Abstract:
Companies must be part of any lasting solution to many of the pressing
environmental and social problems facing the world. All companies do good
things and bad things, often at the same time. The essence of the debate over
Corporate Responsibility
1
(CR) is whether governance of the good and bad
things companies do should be left to market forces and state regulation or
whether companies should deliberately set out to do good things beyond the
minimum required to achieve their financial goals.