CORDIS Project
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The BALANCE project investigates how firms can positively influence society beyond profit-making by addressing social issues like pollution and labor conditions. It examines the dynamics of stakeholder negotiations and the factors that drive firms to adopt socially responsible practices.
Firms conFirms contribute to society not only through profit-oriented activities such as innovation and job creation, but also by engaging in “altruistic” behavior by prioritizing broader social objectives, such as reducing pollution, improving labor conditions, and other pressing social issues.
While economic theory suggests that externalities can be addressed through government interventions like taxes or property rights, incomplete information or political challenges often hamper these approa…
UNIVERSITA COMMERCIALE LUIGI BOCCONI
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