Corporate Social Responsibility Theories

Domènec Melé

in The Oxford Handbook of Corporate Social Responsibility

Published in print February 2008 | ISBN: 9780199211593
Published online September 2009 | e-ISBN: 9780191576997 | DOI:

Series: Oxford Handbooks in Business and Management C

Corporate Social Responsibility Theories

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This article follows the study of Garriga and Melé (2004), which distinguishes four groups of corporate social responsibility theories, considering their respective focus on four different aspects of the social reality: economics, politics, social integration, and ethics. The first one focuses on economics. Here the corporation is seen as a mere instrument for wealth creation. The second group focuses on the social power of the corporation and its responsibility in the political arena associated with its power. The third group focuses on social integration. It includes theories which consider that business ought to integrate. In describing each theory, this article commences with an overview, followed by a brief historical background, including the milestones of its development. Then, it outlines the conceptual bases of the theory, concluding with a brief discussion on the strengths and weaknesses of each theory.

Keywords: economics; politics; social integration; ethics; wealth creation

Article.  15355 words. 

Subjects: Business Strategy ; Business History

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