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The Economics of Corporate Social Responsibility

MINES ParisTech, the University of Paris 1 Pantheon-Sorbonne, the Paris School of Economics jointly organize an academic conference on the economics of Corporate Social Responsibility (CSR) on 9-10 June in Paris. The conference is open to all interested researchers in the economic analysis of CSR practices and concepts. CSR means socially and environmentally friendly actions not required by law, going beyond compliance, privately providing public goods, or voluntarily internalizing externalities. It is an important economic phenomenon with broad implications for firms, employees, consumers, investors, governments and NGOs alike. The conference will include both theoretical and empirical papers in industrial organization, behavioural economics, contract theory, political economy, environmental and resource economics, labour economics, public economics, or financial economics.

David Baron from Stanford University will give a keynote lecture on the economics of CSR.

The conference program is now available.


Registration is open. The submission fee is 180€ for academics and students and 300€ for non-academics. The registration fee includes:  Participation in the conference dinner, lunches and coffee breaks during the conference. Paper presenters are exempted.

Please send an email to   [email protected] to receive the registration form and other practical information.

It is possible to attend the conference without presenting a paper.

Program (papers to download)

Thursday,  June 9th 

8:45 am - 9:20 am        Registration

 9:20 am - 9:30 am       Welcome address and introduction

 Pierre Fleckinger (University of Paris 1, Paris School of Economics)

Matthieu Glachant (MINES ParisTech)

9:30 am - 10:30 am       Session 1 – Finance 1

Patricia Crifo (U. Paris Ouest , Ecole Polytechnique)

Co-authors : Sandra Cavaco (University of Paris 2)

« The CSR-performance missing link »

Rocco Ciciretti (University of Roma Tor Vergata)

Co-authors : Leonardo Becchetti (University of Roma Tor Vergata)

« Stock Market Reaction to the Global Financial Crisis: testing for the Lehman Brothers' Event»

10:30 am - 11:00 am      Coffee break

11:00 am - 12:30 pm      Session 2 – Communication strategies 1

Philippe Mahenc (University of Perpignan, Toulouse School of Economics)

« Indirect  Signalling  for Certification  of  Environmental Safety »

Gabrielle Moineville (MINES ParisTech)

Co-authors : Pierre Fleckinger (University of Paris 1, Paris School of Economics), Matthieu Glachant (MINES ParisTech) 

« How to induce self regulation : cheer the leaders or boo the laggards ? »

Alex Calveras (Universitat de les Illes Balears)

Co-authors : Juan-Jose Ganuza (University of Pompeu Fabra)

« Building a reputation as a socially responsible firm »

12:30 pm - 2:00 pm     Lunch

 2:00 pm - 3:00 pm     Session 3 – Green consumerism

Jana Friedrichsen (University of Mannheim)

« Social Labeling : Quality and the Value of Image »

Liesbet Vranken (Katholieke Universiteit Leuven)

Co-authors : Sandra Rousseau (HUBrussel)

« The  Impact  of Information on the Willingness-to Pay  for  Labeled  Organic  Food  Products »  

3:00 pm - 3:30 pm      Coffee break

3:30 pm - 5:00 pm     Keynote lecture  

David Baron (Stanford University)

« Economics and Politics of Corporate Social Responsibility : A Perspective »


Friday,  June 10th 

9:30 am - 10:30 am       Session 4 – Communication strategies 2

Sabrina Teyssier (INRA-ALISS)

Co-authors : Fabrice Etilé (INRA-ALISS)

« Corporate and Consumer Social Responsibilities: Label Regulations  in the Lab »

Mireille Chiroleu-Assouline (University of Paris 1, Paris School of Economics)

“Green Leader or Green Liar? Differentiation and the role of NGOs »

10:30 am - 11:00 am      Coffee break

11:00 am - 12:30 pm      Session 5 – (Self-)regulation

John W. Maxwell (Indiana University)

Co-authors : Thomas P. Lyon (University of Michigan)

« Self-Regulation  and  Negotiated Agreements: Complements or Subsitutes ? »

Linus Niywul (Tulane University)

Co-authors : Ekundayo Shittu (Tulane University)

« Market  Enforcement  & Efficient Environmental Policy Design »

Markus Kitzmuller (University of Michigan)

« International Corporate Social and Environmental Strategy and Public Policy »

12:30 pm - 2:00 pm    Lunch

2:00 pm - 3:00 pm     Session 6 – Employee motivation

Joseph Lanfranchi (Centre d’Etudes de l’Emploi)

Co-authors : Sanja Pekovic (Centre d’Etudes de l’Emploi and TEPP)

« How green is my firm ? » 

Victor Hiller (Université Paris 2)

Co-authors : Thierry Verdier (Paris School of Economics and CEPR) 

« Corporate  Culture and  Identity  Investment  in  an  Industry  Equilibrium » 

3:00 pm - 3:30 pm         Coffee break

3:30 pm - 4:30 pm         Session 7 – Finance 2

Gunther Cappelle-Blancard (Université Paris 1)

Co-authors : Stéphanie Monjon (CIRED and Cepii) 

« The performance of socially responsible funds : does the screening process matter ? »

Ioannis Oikonomou (University of Reading)

Co-authors : Chris Brooks (University of Reading), Stephen Pavelin (University of Reading)

« Investigating the financial effects of the interactions between CSR and irresponsibility » 

4:30 pm      Conference conclusion



Organizing committee: Pierre Fleckinger (Paris School of Economics - University of Paris 1), Matthieu Glachant (Cerna, MINES ParisTech), Gabrielle Moineville (Cerna, MINES ParisTech) 

Scientific committee: Mireille Chiroleu-Assouline (Paris School of Economics – University of Paris 1),  Pierre Fleckinger (Paris School of Economics – University of Paris 1),  Matthieu Glachant (Cerna, MINES ParisTech), Roger Guesnerie (Collège de France and Paris School of Economics), Thomas P. Lyon (University of Michigan), Jean-Pierre Ponssard (Ecole Polytechnique)


Cerna - Centre of Industrial Economics

The Cerna is the Centre of Industrial Economics at MINES ParisTech (formerly the Ecole des mines de Paris). Nine senior researchers and about 15 PhD students and post-docs work in the three main areas: economics, quantitative finance and economic analysis of globalisation. It is also host to...

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