Research report 2019 - Max Planck Institute for Comparative and International Private Law
Socially responsible corporate action
Max-Planck-Institut für ausländisches und internationales Privatrecht, Hamburg
SummaryThe question of how to reconcile profitability with social responsibility is a key issue that is being discussed across disciplines. Amidst growing public attention to social and environmental standards as well as the fight against corruption in third countries, the debate surrounding corporate social responsibility (CSR) has also reached company law and capital markets law. It touches on fundamental questions: What purposes should modern corporations serve? What goals may they pursue? What does CSR mean for cross-border companies?