When Principles Pay

Corporate Social Responsibility and the Bottom Line

by Geoffrey Heal

Number of pages: 271

Publisher: Columbia Business School

BBB Library: CSR and NGO

ISBN: 9780231144001



About the Author

Geoffrey Heal, Donald C. Waite III Professor of Social Enterprise at Columbia Business School, is noted for contributions to economic theory and resource and environmental economics. He holds bachelors (first class), masters and doctoral degrees from Cambridge University, where he studied at Churchill College and taught at Christ’s College.

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Editorial Review

Capitalism was successful at generating income and economic growth but often at the expense of the natural environment.  Now things are changing:  we can see the outline of a new system in which we can enjoy the undoubted benefits of a competitive market economy without the environmental costs.  It is a system where consumers, civil society groups, and shareholders, play an increasing role in shaping the corporate world.  It is a system in which principles pay.

Book Reviews

"The book's key message is the authors' explicit denial of the possibility of an overarching theory of institutions and governance." El s ev i e r

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