G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21364
来源IDWorking Paper 21364
When Is Social Responsibility Socially Desirable?
Jean-Etienne de Bettignies; David T. Robinson
发表日期2015-07-20
出版年2015
语种英语
摘要We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our model, firms, governments, and workers interact. Firms generate profits but create negative spillovers that can be attenuated through government regulation, which is set endogenously and may or may not be socially optimal. Governments may choose suboptimal levels of regulation if they face lobbying pressure from companies. Companies can, in turn, hire socially responsible employees who enjoy taking actions to ameliorate the negative spillovers. Because firms can capture part of the rent created by allowing socially responsible employees to correct social ills, in some settings they find it optimal to lobby for inefficient rules and then capture the surplus associated with being "good citizens" in the face of bad regulation. In equilibrium, this means CSR can either increase or decrease social welfare, depending on the costs of political capture.
主题Microeconomics ; Households and Firms ; Financial Economics ; Corporate Finance ; Public Economics ; Taxation
URLhttps://www.nber.org/papers/w21364
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579037
推荐引用方式
GB/T 7714
Jean-Etienne de Bettignies,David T. Robinson. When Is Social Responsibility Socially Desirable?. 2015.
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