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The Rise and Fall of Corporate Social Responsibility (Hardcover)
Loot Price: R3,988
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The Rise and Fall of Corporate Social Responsibility (Hardcover)
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Corporate social responsibility was one of the most consequential
business trends of the twentieth century. Having spent decades
burnishing reputations as both great places to work and generous
philanthropists, large corporations suddenly abandoned their
commitment to their communities and employees during the 1980s and
1990s, indicated by declining job security, health insurance, and
corporate giving. Douglas M. Eichar argues that for most of the
twentieth century, the benevolence of large corporations functioned
to stave off government regulations and unions, as corporations
voluntarily adopted more progressive workplace practices or made
philanthropic contributions. Eichar contends that as governmental
and union threats to managerial prerogatives withered toward the
century's end, so did corporate social responsibility. Today, with
shareholder value as their beacon, large corporations have shred
their social contract with their employees, decimated unions,
avoided taxes, and engaged in all manner of risky practices and
corrupt politics. This book is the first to cover the entire
history of twentieth-century corporate social responsibility. It
provides a valuable perspective from which to revisit the debate
concerning the public purpose of large corporations. It also offers
new ideas that may transform the public debate about regulating
larger corporations.
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