Corporate Social Responsibility
How Rising Corporate Market Power Undermines Democracy Â
In new research, Seda Basihos investigates the relationship between a decline in market competition and global democratic backsliding. She finds that market concentration leads to increasing political power for giant firms—a trend that ultimately erodes democracy levels.
The Costs of India’s Mandatory Corporate Social Responsibility Rule
In new research, Jitendra Aswani finds that India’s mandatory corporate social responsibility contribution for large firms increased corporate borrowing costs, but transparency and clear communication to investors about these contributions reduced the additional costs.
