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A New rationale for corporate social policy

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The article was published on 1970-01-01 and is currently open access. It has received 40 citations till now. The article focuses on the topics: Corporate governance & Corporate security.

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A review of the theories of corporate social responsibility: Its evolutionary path and the road ahead

TL;DR: In this paper, the authors trace the conceptual evolutionary path of theories on corporate social responsibility and reflect on the implications of the development of these theories, and suggest that future research needs to refocus on basic research in order to develop conceptual tools and theoretical mechanisms that explain changing organizational behavior from a broader societal perspective.
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How corporate social responsibility pays off

TL;DR: In this paper, five strategy dimensions are identified which help to assess the value created for the firm by CSR programs: centrality, specificity, proactivity, voluntarism and visibility.
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Socially Irresponsible and Illegal Behavior and Shareholder Wealth A Meta-Analysis of Event Studies

Jeff Frooman
- 01 Sep 1997 - 
TL;DR: In this article, the authors meta-analyzes 27 event studies that have measured the stock market's reaction to incidences of socially irresponsible and illicit behavior and found that for firms engaging in socially irresponsible behavior, the effect on shareholder wealth is negative (wealth decreases), statisti- cally significant (p <.001), and so substantial in size (D = -.932) that the distribution of abnormal returns is shifted nearly a full standard deviation to the left (i.e., negatively) from their expected standard normal distribution.
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A literature review of the history and evolution of corporate social responsibility

TL;DR: In this paper, the authors provide a distinctive historical perspective on the evolution of CSR as a conceptual paradigm by reviewing the most relevant factors that have shaped its understanding and definition, such as academic contributions, international policies and significant social and political events.