Corporate Social Responsibility: Comments on the Legal and Economic Context of a Continuing Debate

The modern corporation may be described in any number of ways. It is at the very least a legal, political, social and economic institution. And when we speak of "corporate social responsibility," we evidence concern that the corporation might be made "responsible" from each or all of these perspectives. My purpose, however, is not to explore the many forms that corporate responsibility might take, but to comment on the subject primarily from an economic point of view.