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The dominant economics paradigm and corporate social responsibility

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  • Jouni Korhonen

Abstract

For many centuries, industrial societies in the Western modernity have been driven by a dominant social paradigm (DSP). It is argued in this paper that this paradigm has some serious difficulties in the light of the development of the field of corporate social responsibility and in the light of its practice. Therefore, a new paradigmatic foundation is required for corporate social responsibility. The dominant social paradigm is contrasted with metaphors and principles that are derived from sources that are outside the paradigmatic basis of Western modernity, and outside the paradigm of neoclassical economics. These new metaphors and principles may be suitable for further development of the corporate social responsibility paradigm as well as for reconsideration of the economics paradigm. Copyright © 2002 John Wiley & Sons, Ltd and ERP Environment

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  • Jouni Korhonen, 2002. "The dominant economics paradigm and corporate social responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 9(1), pages 66-79, March.
    • Handle: RePEc:wly:corsem:v:9:y:2002:i:1:p:66-79
    DOI: 10.1002/csr.7
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    Cited by:

    1. David Orozco & Latha Poonamallee, 2014. "The Role of Ethics in the Commercialization of Indigenous Knowledge," Journal of Business Ethics, Springer, vol. 119(2), pages 275-286, January.
    2. Jouni Korhonen, 2008. "Reconsidering the Economics Logic of Ecological Modernization," Environment and Planning A, , vol. 40(6), pages 1331-1346, June.
    3. Bilal Afsar & Basheer Al‐Ghazali & Waheed Umrani, 2020. "Retracted: Corporate social responsibility, work meaningfulness, and employee engagement: The joint moderating effects of incremental moral belief and moral identity centrality," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(3), pages 1264-1278, May.
    4. Carri Reisdorf Tolmie & Kevin Lehnert & Hongxin Zhao, 2020. "Formal and informal institutional pressures on corporate social responsibility: A cross‐country analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 786-802, March.
    5. Yingjun Lu & Indra Abeysekera, 2017. "What Do Stakeholders Care About? Investigating Corporate Social and Environmental Disclosure in China," Journal of Business Ethics, Springer, vol. 144(1), pages 169-184, August.
    6. Francesco Ciardiello & Andrea Genovese & Andrew Simpson, 2020. "A unified cooperative model for environmental costs in supply chains: the Shapley value for the linear case," Annals of Operations Research, Springer, vol. 290(1), pages 421-437, July.
    7. Korhonen, Jouni & Snakin, Juha-Pekka, 2005. "Analysing the evolution of industrial ecosystems: concepts and application," Ecological Economics, Elsevier, vol. 52(2), pages 169-186, January.
    8. Jouni Korhonen & Fredrik von Malmborg & Peter A. Strachan & John R. Ehrenfeld, 2004. "Management and policy aspects of industrial ecology: an emerging research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 13(5), pages 289-305, September.
    9. Ismail O. Fasanya & Adegbemi B.O.Onakoya, 2013. "Does Corporate Social Responsibility Improve Financial Performance of Nigerian Firms? Empirical Evidence from Triangulation Analysis," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(3), pages 22-36, June.
    10. Junru Zhang & Hadrian Geri Djajadikerta & Zhaoyong Zhang, 2018. "Does Sustainability Engagement Affect Stock Return Volatility? Evidence from the Chinese Financial Market," Sustainability, MDPI, vol. 10(10), pages 1-21, September.
    11. David Bevan & Patricia Werhane, 2015. "The Inexorable Sociality of Commerce: The Individual and Others in Adam Smith," Journal of Business Ethics, Springer, vol. 127(2), pages 327-335, March.
    12. Surekha Rana & Padma Misra, 2010. "Operational Dimension of CSR: An Empirical Assessment of BSE and NSE Listed Companies," Vision, , vol. 14(1-2), pages 57-66, January.
    13. Martin Fougère & Nikodemus Solitander, 2009. "Against corporate responsibility: critical reflections on thinking, practice, content and consequences," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(4), pages 217-227, July.
    14. Assâad El Akremi & Inès Dhaouadi & Jacques Igalens, 2008. "La responsabilité sociale de l’entreprise sous l’éclairage des critical management studies:vers un nouveau cadre d’analyse de la relation entreprise-société," Revue Finance Contrôle Stratégie, revues.org, vol. 11(3), pages 65-94, September.
    15. Massimo Costa & Patrizia Torrecchia, 2018. "The Concept of Value for CSR: A Debate Drawn from Italian Classical Accounting," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(2), pages 113-123, March.
    16. Miguel Pina e Cunha & Arménio Rego & João Vieira da Cunha, 2008. "Ecocentric management: an update," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 15(6), pages 311-321, November.
    17. Miguel Pina e Cunha & Armenio Rego & Joao Vieira da Cunha, 2007. "Ecocentric management: an update," Nova SBE Working Paper Series wp516, Universidade Nova de Lisboa, Nova School of Business and Economics.

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