Abstract
To shed further light on the debate concerning the value and success of corporate social responsibility, this working paper examines the legal status of CSR within the globalised free market framework. The overarching question is how and to what extent free market theory influences the success of corporate social responsibility. It is found that the heart of corporate social responsibility lies in the value of its underlying social and environmental norms, and that its success has been inhibited by the self-destructive and inaccurate conception of globalised 'free' markets.
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