S/L/101. Corporate social responsibility sounds fine in theory but is not workable in practice. Shareholder value is the only means to society’s well being

This paper discusses the concept of corporate social responsibility (CSR) and its workability. The analysis on CSR is conducted on three levels: at the first level it is assessed if the plain self-commitment of the firms is enough to achieve it. At the other two levels it is considered if CSR can be reached through a review of Company Law, and, eventually, how. In that perspective, two models of corporations and the related interests will be taken into consideration: the stakeholder-model and the shareholder-oriented model.