@techreport{NBERw13989, title = "Corporate Social Responsibility
Through an Economic Lens", author = "Forest L. Reinhardt and
Robert N. Stavins and Richard H. K. Vietor", institution =
"National Bureau of Economic Research", type = "Working Paper",
series = "Working Paper Series", number = "13989", year =
"2008", month = "May", doi = {10.3386/w13989}, URL =
"http://www.nber.org/papers/w13989", abstract = {Business
leaders, government officials, and academics are focusing
considerable attention on the concept of "corporate social
responsibility" (CSR), particularly in the realm of
environmental protection. Beyond complete compliance with
environmental regulations, do firms have additional moral or
social responsibilities to commit resources to environmental
protection? How should we think about the notion of firms
sacrificing profits in the social interest? May they do so
within the scope of their fiduciary responsibilities to their
shareholders? Can they do so on a sustainable basis, or will the
forces of a c