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Corporate Citizenship: The Case for a New Corporate Governance Model
Thomas A Hemphill. Business and Society Review. New York: Fall 2004. Vol. 109, Iss. 3; pg. 339, 23 pgs

Abstract (Summary)

Corporate citizenship is now a model for twenty-first century corporate governance. Through a model of corporate citizenship involving "four faces," connoting the economic, legal, ethical, and discretionary components, firms are expected to meet their social responsibilities. This corporate citizenship approach to social responsibilities has acquired recent national institutional legitimacy though private-public partnership initiatives. The institutional forces, while not yet matching or superceding the "technical" efficiency forces, show evidence of being further strengthened by the various private-public partnerships. The discretionary responsibilities "face" has evolved into strategic philanthropy with firm discretionary resources being employed to competitive advantage. One potential area of concern is delineating where the corporation's social responsibilities stop and where government's role begins.

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Indexing (document details)

Subjects:Corporate governance,  Corporate responsibility,  Models,  Organization theory,  Public private partnerships
Classification Codes2410 Social responsibility,  2110 Boards of directors,  2500 Organizational behavior,  9190 United States
Locations:United States,  US
Author(s):Thomas A Hemphill
Document types:Feature
Document features:tables,  references
Publication title:Business and Society Review. New York: Fall 2004. Vol. 109, Iss. 3;  pg. 339, 23 pgs
Source type:Periodical
ISSN:00453609
ProQuest document ID:711204231
Document URL:

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