The Market for Virtue: The Potential and Limits of Corporate Social Responsibility

by David Vogel

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0815790775
• ISBN13: 9780815790778
• Release Date: July 2006
• Publisher: Brookings Institution Press
• Length: 246 Pages
• Weight: 0.84 lbs.
• Dimensions: 0.6" x 6.1" x 9.0"

Customer Reviews

An invaluable resource offering a serious-minded, in-depth discussion of a complex issue

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.

Excellent: Balanced, Readable and Practical

Vogel has provided us with a much needed skeptics eye view of Corporate Social Resposibility. This book is a very accesible and practical guide for the manager who is beset with open ended questions and needs realistic answers to a difficult subject. The "needs to have" are separated from the "nices to have", the realistic from the theoretical. At less than 200 pages, this is the one book the operating manager needs to read on the subject.

The Seminal Work in CSR

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.

Excellent analysis on CSR today by Silvia Barceló Lhéritier

Excellent and neutral analysis with accuracy and clarity. Helps thinking about future of CSR professionnals.

Best Book on the Subject

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.