Change search
ReferencesLink to record
Permanent link

Direct link
A micro-economic model of corporate social responsibility
Umeå University, Faculty of Social Sciences, Umeå School of Business.
2011 (English)In: Metroeconomica, ISSN 0026-1386, E-ISSN 1467-999X, Vol. 62, no 1, 69-95 p.Article in journal (Refereed) Published
Abstract [en]

This paper explores the economic mechanisms behind corporate social responsibility (CSR) in a microeconomic model of the firm. The study’s motivation is to shed light on the potential causes of the observed phenomena of voluntary over-compliance among firms. We investigate how assumptions about costs and benefits affect CSR behavior through a stock of goodwill capital. In optimum, the firm must balance marginal costs and benefits of investing in CSR. We characterize the equilibrium and examine comparative statics and dynamics from a parameterized model. Finally, we link some of the model’s results to the empirical literature on CSR.

Place, publisher, year, edition, pages
Wiley , 2011. Vol. 62, no 1, 69-95 p.
National Category
Economics and Business
Research subject
Business Studies
URN: urn:nbn:se:umu:diva-47684DOI: 10.1111/j.1467-999X.2010.04087.xOAI: diva2:443808
Available from: 2011-09-27 Created: 2011-09-27 Last updated: 2011-11-11Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Lundgren, Tommy
By organisation
Umeå School of Business
In the same journal
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 177 hits
ReferencesLink to record
Permanent link

Direct link