ERC Starting Grant · 2025
Firms’ Social Impact: Balancing Profits and Externalities
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 approaches. As a result, stakeholders must negotiate with firms, playing a key role in determining their social impact. Despite the importance of these negotiations, we know little about what drives them…
From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.