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Corporate social responsibility Corporate governance Stakeholder Frontier Private sector Public relations Public sector Business Political science Complement (music) Public administration Law Finance Biochemistry Phenotype Chemistry Complementation Gene

Paul Dragos Aligică , Peter J. Boettke , Vlad Tarko ·

YOU? · · 2019 · Open Access · · DOI: https://doi.org/10.1093/oso/9780190267032.003.0010 · OA: W2950490987

Chapter 9 pushes further the frontier of the discussion into a new, growing and controversial governance debate area: that of corporate social responsibility. One of the most sensitive issues in polycentric governance systems, with their hybrid institutional arrangements at the dynamic interface between the “public” and the “private,” is to specify what are—and what are not—the responsibilities of the private sector—business firms and enterprises—when it comes to the public domain. This chapter offers an exploratory attempt to address this challenge. Corporate social responsibility (CSR) has emerged in the last several decades as a preeminent concept and issue area engaging the problem of public role of private business. This chapter demonstrates how the ideas and theories discussed so far combine, complement, and bolster this literature and the applied-level insights based on it.