Review
“Here is the definitive guide to what corporate social responsibility can and cannot accomplish in a modern capitalist economy.” — Robert B. Reich, University Professor of social and economic policy, Brandeis University, and former U.S. Secretary of Labor”Here is the definitive guide to what corporate social responsibility can and cannot accomplish in a modern capitalist economy.” –Robert B. Reich, University Professor of social and economic policy, Brandeis University, …
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Vogel’s THE MARKET FOR VIRTUE is a balanced and objective review of the many activites that fall under the rubric of “corporate social responsibility.” He convincingly shows that these are over-ballyhooed by their enthusiasts, and over-disparaged by their critics. In fact, they make useful, albeit marginal, contributions to the welfare of communities and society. He draws useful distinctions between the many different manifestations of CSR, and offers thoughtful metrics for evaluating them. He cites literally hundreds of examples, and helps the reader to think about them in a rigorous and disciplined way. This is a must-read for corporate executives and business students.
Written by Professor of Business Ethics (Haas School of Business) David Vogel, The Market for Virtue: The Potential and Limits of Corporate Social Responsibility is a scholarly examination of a politically charged and highly polarized debate concerning what corporate social responsibility can, cannot, and must accomplish in a modern capitalist economy. Chapters explore answers to and differing perspectives on the questions “Is there a business case for virtue?” and “What is the demand for virtue?” as well as examining corporate responsibility with regard to both the environment and human rights. Extensively researched, The Market for Virtue is an invaluable resource offering a serious-minded, in-depth discussion of a complex issue. Enthusiastically recommended especially for college library shelves, and invaluable reading for activists, businessmen, and legal personnel grappling with all dimensions of the interests and responsibilities of corporations.
Vogel’s THE MARKET FOR VIRTUE is the seminal work in CSR. His lively text offers the right mix of theory, analysis, and example. His conclusions are profound and will make a difference for the better. Required reading for corporate executives, business and management students, and those of us who simply wish to be informed participants in 21st century society.