Thomas Lamarche, Catherine Bodet

Abstract

We argue that corporate social responsibility depends on two distinct stylized facts concerning régulation and power. The first—institutional CSR—is institutional in nature, the other—strategic CSR—is economic and productive. The former permits and stabilizes the latter, which in turn gives rise to political compromises structuring institutional mechanisms. CSR strategies and institutions correspond to a private, oligopolistic régulation which shows no signs of being able to pursue a sustainable development regime.

Keywords

CSR, institution, regulation, global value chains, quality convention

From: Review of Radical Political Economics 2018 50 (1)

Editor: Wang Yi