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CIAO DATE: 10/5/2006
Corporate Citizenship and Urban Problem Solving: The Changing Civic Role of Business Leaders in American Cities
September 2006
Abstract
Corporate civic elites have played a major role in the building, rebuilding, governance, and functioning of major American cities. In fact, key business leaders and organizations of local chief executive officers (CEOs) initiated, supported, and oversaw some of the most important policy innovations and development projects in American cities during the 20th century. Research has suggested, however, that corporate elites may be increasingly disengaging from civic efforts, largely as a result of pervasive economic trends affecting locally owned and based businesses. Ironically, such disengagement comes at a time of growing reliance on the private sector to solve urban problems as federal aid to cities is curtailed, leaving many cities with limited means to undertake major initiatives.