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Responsibility and the Modern Corporation

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Globalisation of Corporate Social Responsibility and its Impact on Corporate Governance

Abstract

Corporate governance crises as well as human rights issues in global value chains have pushed notions of Corporate Social Responsibility (CSR), Corporate Citizenship (CC), Triple P (People, Planet, Profit) and sustainable development onto the agenda of corporations and into the discussion of corporate governance. However, it has been argued that the CSR debate tends to rest on rather underspecified conceptions of the public corporation and corporate governance.

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Notes

  1. 1.

    Ireland and Pillay (2010).

  2. 2.

    Ireland and Pillay (2010), Jones and Haigh (2007), Van Oosterhout (2005), Veldman (2011).

  3. 3.

    Crane and Matten (2008), p. 29.

  4. 4.

    Garriga and Mele (2004), Matten and Crane (2005), Néron and Norman (2008), Moon et al. (2005), Post (2002), Schwartz and Carroll (2008), Scherer et al. (2006), Schwab (2008), Logsdon and Wood (2005), Wood and Logsdon (2008).

  5. 5.

    Carroll et al. (2012), p. 405.

  6. 6.

    Abbott and Snidal (2000), Ireland and Pillay (2010), Scherer and Palazzo (2007, 2011), Vogel (2007), Zadek (2001).

  7. 7.

    See also Deakin and Hobbs (2007).

  8. 8.

    Banerjee (2008), Jones and Haigh (2007), Van Oosterhout (2010), Rajak (2011).

  9. 9.

    Ireland (2016).

  10. 10.

    Veldman (2016).

  11. 11.

    Cohen (1919), Freund (1897), Radin (1932).

  12. 12.

    Lampert (2016).

  13. 13.

    Gindis (2009), Hodgson (2007), Veldman (2016a).

  14. 14.

    Veldman (2016a).

  15. 15.

    Ireland (1999), Veldman (2016a), Veldman and Willmott (2017).

  16. 16.

    Allen (1992), Naffine (2003), Veldman (2016a).

  17. 17.

    Bowman (1996), Hannah (2010 [1967]), Harris (2006), Johnson (2010).

  18. 18.

    Dewey (1926, 1931), Foster (2006), Hallis (1978), Lawson (1957).

  19. 19.

    Dodd (1931), Duménil and Lévy (2001), Ireland and Pillay (2010), p. 6; Kaysen (1957).

  20. 20.

    Blair (2015), Dewey (1926), Freund (1897), Ireland (1999), Lederman (2000), Ireland (2003), Naffine (2003), Veldman (2016a).

  21. 21.

    Bakan (2005), Chandler and Mazlish (2006), Dan-Cohen (1986), Donaldson (1982), French (1984), Mason (1959), Moore (1962), Morris (1919), Nader and Green (1977).

  22. 22.

    Monks and Minow (2009), p. 25; Veldman (2010).

  23. 23.

    See also Lampert (2016).

  24. 24.

    Veldman (2010).

  25. 25.

    Lampert (2016), Veldman (2010).

  26. 26.

    Carroll et al. (2012), p. 405; Garriga and Melé (2004), Matten and Crane (2005), Néron and Norman (2008), Moon et al. (2005), Post (2002), Schwartz and Carroll (2008), Logsdon and Wood (2005), Wood and Logsdon (2008), Scherer et al. (2006), Schwab (2008).

  27. 27.

    Van Oosterhout (2005), MacLeod (2008).

  28. 28.

    Macleod and Lewis (2004), MacLeod (2008), Robé (2011).

  29. 29.

    Ireland and Pillay (2010), Morgan (2008), Robé (1997).

  30. 30.

    Veldman (2016b).

  31. 31.

    Ireland and Pillay (2010), p. 15.

  32. 32.

    Blair (2015), Jones and Haigh (2007), Veldman and Parker (2012), Veldman (2013), Veldman (2013).

  33. 33.

    Jones and Haigh (2007), Ireland and Pillay (2010), Laufer (1996), Morgan (2009), Van Oosterhout (2005, 2010), Rajak (2011), Villiers (2008).

  34. 34.

    Anker-Sørensen (2016), Mähönen (2016), Robé (1997), Veldman (2013), Wood and Logsdon (2008), Veldman (2013).

  35. 35.

    Abbott and Snidal (2000, p. 422).

  36. 36.

    Anker-Sørensen (2016), Gramlich and Wheeler (2003), Palan et al. (2010).

  37. 37.

    Abbott and Snidal (2000), Banerjee (2008), Rajak (2011), Scheuch (this volume), Scherer and Palazzo (2007, 2011), Tracey et al. (2005), Vogel (2007), Zadek (2001).

  38. 38.

    Johnson (2010), Khurana (2007), Perrow (2002).

  39. 39.

    Veldman and Willmott (2017).

  40. 40.

    Lan and Heracleous (2010).

  41. 41.

    Veldman and Willmott (2017), Millon (2014).

  42. 42.

    Gevurtz (2004), Ireland (1999), Johnson (2010).

  43. 43.

    Davis (2009), Hannah (2010 [1976]), Johnson (2010), Marens (2012), Murphy and Ackroyd (2013).

  44. 44.

    Berle and Means (2007 [1932]).

  45. 45.

    Lan and Heracleous (2010).

  46. 46.

    Khurana (2007), Lan and Heracleous (2010), Millon (2013), Veldman and Willmott (2016).

  47. 47.

    Blair and Stout (2011), Millon (2014).

  48. 48.

    Corporate Governance Code Monitoring Committee (2016), p. 9.

  49. 49.

    Aglietta and Rebérioux (2005), Lan and Heracleous (2010).

  50. 50.

    Dore (2008), Froud et al. (2002), Jacoby (2008, 2011), Ireland (2000, 2005, 2016), Jansson et al. (2016), Lazonick (2014), Murphy and Willmott (2015), Segrestin and Hatchuel (2011), Stockhammer (2004), Stout (2012).

  51. 51.

    Millon (2013).

  52. 52.

    Johnson (2012).

  53. 53.

    Strine (2010).

  54. 54.

    Davis (2009), Horn (2012), Khurana (2007), Johnson (2012, p. 1163); Pye (2001, 2002), Veldman and Willmott (2016).

  55. 55.

    Banerjee (2008), Jones and Haigh (2007, p. 52); Murphy (2011), Rajak (2011), Tracey et al. (2005), Veldman (2013).

  56. 56.

    Ireland and Pillay (2010), p. 14.

  57. 57.

    Drucker (2006[1946]), Fayol (2013[1949]), Khurana (2007), Moore and Rebérioux (2007), Lan and Heracleous (2010), Segrestin and Hatchuel (2011).

  58. 58.

    Bratton (1989).

  59. 59.

    Aglietta and Rebérioux (2005).

  60. 60.

    Sjåfjell et al. (2015), Veldman and Willmott (2016).

  61. 61.

    Millon (2013).

  62. 62.

    Keay and Loughrey (2015).

  63. 63.

    Veldman and Willmott (2016).

  64. 64.

    Eccles and Youmans (2016).

  65. 65.

    Gourevitch and Shinn (2005), p. 3; Ireland and Pillay (2010), Jones and Haigh (2007), Veldman and Willmott (2016), Zingales (2000).

  66. 66.

    Friedman (1970), Jansson et al. (2016), Veldman and Willmott (2013), Veldman et al. (2016).

  67. 67.

    Levitt (1958).

  68. 68.

    Jansson et al. (2016).

  69. 69.

    Bowman (1996), p. 291.

  70. 70.

    Kay (2015), Reich (2016).

  71. 71.

    Guinnane et al. (2007), Gourevitch and Shinn (2005), Gordon and Roe (2004), Jansson et al. (2016), Larsson-Olaison (2014).

  72. 72.

    Aglietta and Rebérioux (2005), Clarke (2016), Davis (2009), Horn (2012), Khurana (2007), Morgan (2009), Pye (2001, 2002), Veldman and Willmott (2016).

  73. 73.

    Keay and Zhao (2015), Tricker (2015), Zumbansen (2012).

  74. 74.

    Ireland (2005), Lazonick (2013, 2014), Piketty (2014).

  75. 75.

    Reich (2016).

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Authors and Affiliations

  1. CASS Business School, City University, University of London, London, UK

    Jeroen Veldman

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  1. Jeroen Veldman
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Correspondence to Jeroen Veldman .

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  1. Geelong Waurn Ponds Campus, Deakin University, Waurn Ponds, Victoria, Australia

    Jean J. du Plessis

  2. Faculty of Law, National University of Singapore, Singapore, Singapore

    Umakanth Varottil

  3. Cass Business School, City, University London, London, United Kingdom

    Jeroen Veldman

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Veldman, J. (2018). Responsibility and the Modern Corporation. In: du Plessis, J., Varottil, U., Veldman, J. (eds) Globalisation of Corporate Social Responsibility and its Impact on Corporate Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-69128-2_4

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  • DOI: https://doi.org/10.1007/978-3-319-69128-2_4

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