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Journal ArticleDOI

Corporate Social Performance Revisited

Donna J. Wood
- 01 Oct 1991 - 
- Vol. 16, Iss: 4, pp 691-718
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TLDR
In this article, the authors define corporate social performance (CSP) and reformulate the CSP model to build a coherent, integrative framework for business and society research, where principles of social responsibility are framed at the institutional, organizational, and individual levels; processes of social responsiveness are shown to be environmental assessment, stakeholder management, and issues management; and outcomes of CSP are posed as social impacts, programs, and policies.
Abstract
This article defines corporate social performance (CSP) and reformulates the CSP model to build a coherent, integrative framework for business and society research. Principles of social responsibility are framed at the institutional, organizational, and individual levels; processes of social responsiveness are shown to be environmental assessment, stakeholder management, and issues management; and outcomes of CSP are posed as social impacts, programs, and policies. Rethinking CSP in this manner points to vital research questions that have not yet been addressed.

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The effect of published reports of unethical conduct on stock prices

TL;DR: In this paper, the authors examined the connection between published reports of unethical behaviour by publicly traded U.S. and multinational firms and the performance of their stock and found that the actual stock performance for those companies was lower than the expected market adjusted returns.
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Driving corporate social responsibility in the Malawian mining Industry: a stakeholder perspective.

TL;DR: In this article, the authors examined the drivers of the corporate social responsibility (CSR) agenda pursued by Paladin (Africa), a subsidiary of an Australian multinational mining company operating the first uranium mine in Malawi.
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An Empirical Exploration, Typology, and Definition of Corporate Sustainability

TL;DR: In this article, the authors argue that corporate sustainability could be a more useful concept to help improve on how government, the private sector, and academia understand the links between business and society, and how to translate the interdependence between businesses and society from one culture to another.
Journal ArticleDOI

CSR: the role of leadership in driving ethical outcomes

TL;DR: In this article, the authors examined the literature on CSR to compare how gaps in this field of literature are similar to those in leadership theory and showed how to integrate knowledge from leadership theory to render the various CSR policies more ethical.
Journal ArticleDOI

Competitive and responsible? The relationship between corporate social and financial performance in the energy sector

TL;DR: In this paper, the authors examined whether investments in corporate social responsibility (CSR) have an effect on corporate financial performance (CFP), or vice versa, and found that CSR concerns Granger cause both profitability and market value whereas CSR strengths seem only to Granger-cause market value.
References
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Book

Strategic Management: A Stakeholder Approach

TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Journal ArticleDOI

The Tragedy of the Commons

TL;DR: The tragedy of the commons as a food basket is averted by private property, or something formally like it as mentioned in this paper, which is why the commons, if justifiable at all, is justifiable only under conditions of low-population density.
Journal ArticleDOI

A Three-Dimensional Conceptual Model of Corporate Performance

TL;DR: In this article, a conceptual model that comprehensively describes essential aspects of corporate social performance is presented, and three aspects of the model address major questions of concern to academics and managers alike: What is included in corporate social responsibility? What are the social issues the organization must address? and what is the organization's philosophy or mode of social responsiveness?
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