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After the fall: The global financial crisis as a test of corporate social responsibility theories
Author(s) -
Kemper Alison,
Martin Roger L.
Publication year - 2010
Publication title -
european management review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.784
H-Index - 32
eISSN - 1740-4762
pISSN - 1740-4754
DOI - 10.1057/emr.2010.18
Subject(s) - corporate social responsibility , looming , geopolitics , dialectic , financial crisis , core (optical fiber) , set (abstract data type) , test (biology) , social responsibility , positive economics , economics , economic system , political science , political economy , public relations , macroeconomics , epistemology , psychology , law , cognitive psychology , paleontology , philosophy , materials science , politics , biology , computer science , composite material , programming language
In this paper, we look at the development of the set of core corporate social responsibility (CSR) theories in response to Friedman's ascendancy. We assess the impact of the current economic collapse on theories built on this dialectical framework. Finally, we suggest where we might find new theoretical underpinnings for the next generation of CSR that can meet the challenges not only of the current financial crisis, but the looming ecological and geopolitical crises.