The Political Role of Corporations
The traditional division between business as economic actors and nation-states as political actors are blurring. Private firms are assuming social and political responsibilities either via legally binding obligations or via voluntary corporate social responsibility initiatives. This week we will discuss the political role of firms and the tension between voluntary initiatives and legalization, led by Onna van den Broek.
- Scherer, A. G., & Palazzo, G. (2011). The new political role of business in a globalized world: A review of a new perspective on CSR and its implications for the firm, governance, and democracy. Journal of management studies, 48(4), 899-931.
- Ruggie, J. G. (2017). Multinationals as global institution: Power, authority and relative autonomy. Regulation & Governance.