Corporate social responsibility (CSR) and the environment: Does CSR increase emissions?

Corporate social responsibility (CSR) and the environment: Does CSR increase emissions?
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DOI:
10.1016/j.eneco.2020.104933
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发表时间:
2020-10-01
期刊:
影响因子:
12.8
通讯作者:
Ouchida, Yasunori
Ouchida, Yasunori
中科院分区:
经济学2区
文献类型:
--
作者:
Fukuda, Katsufumi;Ouchida, Yasunori

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本文建立了一个垄断市场中时间一致排放税下的企业社会责任模型。本文还分析了企业社会责任行为对经济福利和环境的影响。研究结果表明:(1)企业社会责任的推进必然会提高社会福利;(2)当环境破坏严重且减排成本效率较低时,纯利润最大化的垄断者有一定的激励作为一个社会责任企业来提高自身净利润;(3)与普遍看法形成鲜明对比的是,企业社会责任会产生增加排放的效果。因此,本文揭示了企业社会责任并不总是对环境有益的。(C)2020年,任作家。由爱思唯尔公司出版
This paper develops a corporate social responsibility (CSR) model under a time-consistent emission tax in a monopoly market. This paper also analyzes the effects of CSR behavior on economic welfare and the environment. The results show that (i) the promotion of CSR invariably enhances social welfare, (ii) when environmental damage is serious and the cost efficiency of emission reduction is low, then a pure profit-maximizing monopolist has some incentives for behaving as a socially responsible firm to enhance its own net profit, and (iii) in stark contrast to common belief, CSR can yield an emission-increasing effect. Consequently, this paper reveals that CSR is not always beneficial for the environment. (C) 2020 The Authors. Published by Elsevier B.V.