The Managerial Sources of Corporate Social Responsibility by ... - 9781107066533

The Managerial Sources of Corporate Social ResponsibilityThe Spread of Global Standards\nAuthor(s): Christian R. Thauer\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107066533, 978-1107066533\nSynopsis\nWhy and under which conditions do companies voluntarily adopt high social and environmental standards? Christian R. Thauer looks inside the firm to illustrate the internal drivers of the social conduct of business. He argues that corporate social responsibility (CSR) assists decision-makers to resolve managerial dilemmas. Drawing on transaction cost economics, he asks why and which dilemmas bring CSR to the fore. In this context he describes a managerial dilemma as a situation where the execution of management's decisions transforms the mode of cooperation within the organization from a hierarchy to one in which managers become dependent on, and vulnerable to, the behavior of subordinates. Thauer provides em.