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This thought-provoking history of corporate responsibility in the USA is a landmark publication documenting the story of corporate power and business behavior from the mid-eighteenth century to the modern day. It shows how the idea of corporate responsibility has evolved over time, with the roles, responsibilities and performance of corporations coming increasingly under the spotlight as new norms of transparency and accountability emerge. Today, it is expected that a corporation will be transparent in its operations; that it will reflect ethical values that are broadly shared by others in society; and that companies will enable society to achieve environmental sustainability as well as a high standard of living. As we enter the second decade of the twenty-first century, the social, political and economic landscape is once again shifting: the need for an informed public conversation about what is expected of the modern corporation has never been greater.
Table of Contents
List of plates
About the authors
Introduction: the corporation in the public square
The Seeds of Corporate Responsibility
Foundations of capitalism and the birth of the corporation, 1776-1880
The turbulent rise of the corporation, 1880-1900
The Progressive Era and a new business-government relationship, 1900-1918
The corporation's case for social responsibility, 1918-1929
The corporation and national crisis, 1929-1945
Corporate Responsibility Comes of Age
Corporate legitimacy affirmed, 1945-1963
A revolution of rising expectations, 1963-1973
Managing corporate responsibility, 1973-1981
Taking Account of Corporate Responsibility
Stakeholders and stockholders, 1981-1989
Corporate responsibility institutionalizes and globalizes, 1989-2001
A new social contract for the twenty-first century, 2001-2011
Conclusion: patterns and prospects
Table of Contents provided by Publisher. All Rights Reserved.