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Corporate Social Responsibility vs. Government Regulation: An Analysis of Institutional Choice

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  • L. Polishchuk

Abstract

The paper presents an economic theory of corporate social responsibility (CSR) based on the Coase theorem and analyzes economic, social, political and institutional factors that could affect comparative advantages of CSR over government regulation. Discussion of the Russian CSR model stresses the importance of protection of property rights and social capital for efficient implementation of the CSR idea and cautions against excessive involvement of government in CSR processes.

Suggested Citation

  • L. Polishchuk, 2009. "Corporate Social Responsibility vs. Government Regulation: An Analysis of Institutional Choice," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
    • Handle: RePEc:nos:voprec:y:2009:id:931
    DOI: 10.32609/0042-8736-2009-10-4-22
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    Cited by:

    1. Tomoda, Yasunobu & Ouchida, Yasunori, 2023. "Endogenous bifurcation into environmental CSR and non-environmental CSR firms by activist shareholders," Journal of Environmental Economics and Management, Elsevier, vol. 122(C).
    2. Leidy Katerine Rojas Molina & José Ángel Pérez López & María Soledad Campos Lucena, 2023. "Meta-analysis: associated factors for the adoption and disclosure of CSR practices in the banking sector," Management Review Quarterly, Springer, vol. 73(3), pages 1017-1044, September.
    3. Garanina, Tatiana & Kim, Oksana, 2023. "The relationship between CSR disclosure and accounting conservatism: The role of state ownership," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 50(C).

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