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Henderson’s “Misguided Virtue” CSR theory : an empirical test of its main philosophic and economic argument

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Henderson’s “Misguided Virtue” CSR theory : an empirical test of its main philosophic and economic argument

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Samenvatting

This study investigates the value of Henderson’s Corporate Social Responsibility (CSR) theory. Henderson argues that the embracement of CSR by businesses will eventually lead to less welfare and is damaging for the market mechanism. According to his argumentation, companies have let themselves get absorbed in the new way of thinking which has also been identified by Henderson as “global Salvationism”. This has led to a shared vision of deep environmental pessimism, as well as international “Dawnism”. Two of Henderson’s hypotheses are put to an empirical test, i.e. 1. “CSR supporters presume that the notion of sustainable development and the actions needed to promote it are well defined and generally agreed. This is not so”. - 2. “Within business, the adoption of CSR carries with it a high probability of cost increases and impaired performance”.

OrganisatieHogeschool van Amsterdam
InstituutMedia, Creatie en Informatie
Gepubliceerd in
Jaar2009
TypeBachelorscriptie
TaalEngels

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