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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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Journal ArticleDOI

Corporate Social Responsibility and Corporate Sustainability: Separate Pasts, Common Futures

TL;DR: The authors reviewed the different definitions of corporate social responsibility (CSR) and corporate sustainability (CS) used over time to reveal points of difference and congruence between the two terms and identified opportunities to reshape a rapidly changing field by enhancing collaboration among scholars devoted to studying CSR and CS issues.
BookDOI

Corporate Social Responsibility in Developing Countries

Wayne Visser
TL;DR: The challenge for corporate social responsibility in developing countries is framed by a vision that was distilled in 2000 into the Millennium Development Goals (UN, 2006: 3). Unfortunately, these global aspirations remain far from being met in many developing countries today as mentioned in this paper.
Journal ArticleDOI

Corporate Social Responsibility in Western Europe: An Institutional Mirror or Substitute?

TL;DR: In this article, the influence of different institutional environments on CSR policies of European firms was analyzed using a dataset of European companies and found that firms from the more liberal market economies of the Anglo-American countries score higher on most dimensions of CSR than firms in more coordinated market economies in Continental Europe.
Journal ArticleDOI

Taking Friedman Seriously: Maximizing Profits and Social Performance*

TL;DR: In this paper, the authors examine the situation of firms that have two objectives: profit maximization and social performance, and show that it is wiser for the firm to act strategically than to be coerced into making investments in corporate social responsibility.
Journal ArticleDOI

A Critique of Conventional CSR Theory: An SME Perspective

TL;DR: The Global Entrepreneurship Monitor showed that Chile, Korea, New Zealand, Uganda and Venezuela are emerging as among the most entrepreneurial countries in the world, and that more than 80 per cent of entrepreneurs throughout the 41 countries studied expect to create new jobs within the next five years.
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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