Dr Guanming He guanming.he@durham.ac.uk
Associate Professor
Dr Guanming He guanming.he@durham.ac.uk
Associate Professor
Zhichao Li zhichao.li@durham.ac.uk
Combined Role
Professor Richard Slack richard.slack@durham.ac.uk
Professor
Fariborz Moshirian
Editor
Cyn-Young Park
Editor
Although extensive research has explored topics related to corporate social responsibility (CSR)—particularly within the context of the Sustainable Development Goals—including its impact on firms’ performance, the evidence is mixed and inconclusive. Further, even as the research focusing on CSR has increased, a relatively small number of studies have investigated “corporate social irresponsibility” (CSI). Yet, CSR and CSI may exist simultaneously and have distinct economic consequences on firms.
This chapter first discusses the coexistence of CSR and CSI then expounds on their different economic consequences. It analyzes factors that affect the economic consequences of CSR and CSI, summarizes relevant regulations and legislation, and details the policy implications of CSR and CSI.
As governments and wider civil society have grown more aware of environmental and social issues, the public too has started to emphasize and expect companies to play a role as social citizens. This has fueled interest in CSI in academia, in practice, and from policymakers.
He, G., Li, Z., & Slack, R. (2023). The economic consequences of corporate social irresponsibility and policy implications. In F. Moshirian, & C. Park (Eds.), Climate Change and Climate Finance: Current Experience and Future Directions (60-86). Asian Development Bank. https://doi.org/10.22617/TCS230333-2
Acceptance Date | Aug 11, 2023 |
---|---|
Online Publication Date | Sep 9, 2023 |
Publication Date | 2023-09 |
Deposit Date | Sep 9, 2023 |
Publicly Available Date | Sep 11, 2023 |
Pages | 60-86 |
Series Number | TCS230333-2 |
Book Title | Climate Change and Climate Finance: Current Experience and Future Directions |
Chapter Number | 5 |
ISBN | 9789292703080 |
DOI | https://doi.org/10.22617/TCS230333-2 |
Public URL | https://durham-repository.worktribe.com/output/1733320 |
Published Book Chapter
(390 Kb)
PDF
Licence
http://creativecommons.org/licenses/by/3.0/
Publisher Licence URL
http://creativecommons.org/licenses/by/3.0/
Copyright Statement
This publication is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/termsuse#openaccess.
Understanding Fund Manager readership of annual report risk disclosure
(2023)
Journal Article
Reporting of R&D: Disclosure Without Recognition?
(2023)
Report
Capital market perspectives on sustainability accounting and reporting
(2022)
Book Chapter
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
Apache License Version 2.0 (http://www.apache.org/licenses/)
Apache License Version 2.0 (http://www.apache.org/licenses/)
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search