Political Theory 101 cover image

Frynas, Petrol States, and Oil Companies

Political Theory 101

CHAPTER

Corporate Social Responsibility - The Impersonal Institutions Argument

A corporation that is publicly traded has to perform in a way which maximizes shareholder revenue. So CSR relies on a norm being established through large numbers of corporations all being subject to the same discourse. If you're in an environment where lots of people think corporations should be responsible then there are political advantages, he says.

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