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Статья

Corporate Social Responsibility or Government Regulation: An Analysis of Institutional Choice.

Problems of Economic Transition. 2009. No. 52. P. 73-94.

The article presents an economic theory of corporate social responsibility (CSR) and analyzes economic, social, political, and institutional factors that could affect the comparative advantages of CSR over government regulations. A discussion of the Russian CSR model emphasizes the importance of property protection rights for the efficient implementation of CSR, and cautions against excessive government involvement in CSR processes.