The doctrine of Corporate Social Responsibility (CSR) now enjoys
widespread support. Companies are enjoined not simply to seek
profit but to demonstrate their 'corporate citizenship' by working
with a range of stakeholders to further environmental and social as
well as economic goals. Pressures for such behaviour have come from
NGOs but have been taken up by academics, other commentators and
multinational enterprises themselves. David Henderson examines the
CSR doctrine, subjecting it to fundamental ciriticisms. In this
controversial text he argues that, far from being harmless, its
adoption threatens prosperity in poor countries as well as rich. It
is likely to reduce competition and economic freedom and to
undermine the market economy.
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