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In the highly praised The Market for Virtue, David Vogel presents a clear, balanced analysis of the contemporary corporate social responsibility (CSR) movement in the United States and Europe. In this updated paperback edition, Vogel discusses recent CSR initiatives and responds to new developments in the CSR debate. He asserts that while the movement has achieved success in improving some labor, human rights, and environmental practices in developing countries, there are limits to improving corporate conduct without more extensive and effective government regulation. Put simply, Vogel believes that there is a market for virtue, but it is limited by the substantial costs of socially responsible business behavior. Praise for the cloth edition: " The definitive guide to what corporate social responsibility can and cannot accomplish in a modern capitalist economy." Robert B. Reich, Brandeis University, and former U.S. Secretary of Labor " Vogel raises a number of excellent points on the present and future of CSR." Working Knowledge, Harvard Business School " A useful corrective to the view that CSR alone is the full answer to social problems." Business Ethics " The study combines sound logic with illustrative cases, and advances the sophistication of the CSR debate considerably." John G. Ruggie, Harvard University, co-architect of UN Global Compact
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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7 reviews
11 of 13 people found the following review helpful
Best Book on the Subject
6 Oct 2005
Format:Hardcover
Vogel's THE MARKET FOR VIRTUE is a balanced and objective review of the many activites that fall under the rubric of "corporate social responsibility." He convincingly shows that these are over-ballyhooed by their enthusiasts, and over-disparaged by their critics. In fact, they make useful, albeit marginal, contributions to the welfare of communities and society. He draws useful distinctions between the many different manifestations of CSR, and offers thoughtful metrics for evaluating them. He cites literally hundreds of examples, and helps the reader to think about them in a rigorous and disciplined way. This is a must-read for corporate executives and business students.
7 of 8 people found the following review helpful
The Seminal Work in CSR
18 Nov 2005
Format:Hardcover
Vogel's THE MARKET FOR VIRTUE is the seminal work in CSR. His lively text offers the right mix of theory, analysis, and example. His conclusions are profound and will make a difference for the better. Required reading for corporate executives, business and management students, and those of us who simply wish to be informed participants in 21st century society.
6 of 7 people found the following review helpful
An invaluable resource offering a serious-minded, in-depth discussion of a complex issue
6 Jan 2007
Format:Paperback
Written by Professor of Business Ethics (Haas School of Business) David Vogel, The Market for Virtue: The Potential and Limits of Corporate Social Responsibility is a scholarly examination of a politically charged and highly polarized debate concerning what corporate social responsibility can, cannot, and must accomplish in a modern capitalist economy. Chapters explore answers to and differing perspectives on the questions "Is there a business case for virtue?" and "What is the demand for virtue?" as well as examining corporate responsibility with regard to both the environment and human rights. Extensively researched, The Market for Virtue is an invaluable resource offering a serious-minded, in-depth discussion of a complex issue. Enthusiastically recommended especially for college library shelves, and invaluable reading for activists, businessmen, and legal personnel grappling with all dimensions of the interests and responsibilities of corporations.
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