Journal ArticleDOI
Corporate Social Responsibility: a Theory of the Firm Perspective
TLDR
In this article, the authors outline a supply and demand model of corporate social responsibility (CSR) and conclude that there is an "ideal" level of CSR, which managers can determine via cost-benefit analysis.Abstract:
We outline a supply and demand model of corporate social responsibility (CSR). Based on this framework, we hypothesize that a firm's level of CSR will depend on its size, level of diversification, research and development, advertising, government sales, consumer income, labor market conditions, and stage in the industry life cycle. From these hypotheses, we conclude that there is an “ideal” level of CSR, which managers can determine via cost-benefit analysis, and that there is a neutral relationship between CSR and financial performance.read more
Citations
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Journal ArticleDOI
CSR related management practices and Firm Performance: An Empirical Analysis of the Quantity-Quality Trade-off on French Data
TL;DR: In this paper, the authors analyze how different combinations of Corporate Social Responsibility (CSR) dimensions affect corporate economic performance and show that the substitutability of these dimensions is highly significant for firm performance.
Journal ArticleDOI
Corporate social responsibility: Stakeholders influence on MNEs' activities §
TL;DR: In this paper, the authors examine how specific stakeholder groups influence multinational enterprise (MNE) corporate social responsibility (CSR) practices in South Korea and propose a framework for MNEs to thoroughly consider the impact of stakeholders when drawing a picture for their CSR strategy.
Journal ArticleDOI
Does it pay to be sustainable? Looking inside the black box of the relationship between sustainability performance and financial performance
TL;DR: In this paper, the authors apply a manual content analysis technique to analyse the sustainability reports of the 100 best performing US firms and find that the interlinkages between different SP dimensions and sub-dimensions are weak and somewhat contradictory.
Journal ArticleDOI
CEO narcissism and corporate social responsibility: Does CEO narcissism affect CSR focus?
TL;DR: This article investigated the relationship between CEO narcissism and corporate social responsibility (CSR) and found that narcissistic CEOs are more likely to place greater emphasis on externally oriented CSR activities than on internally oriented activities.
Journal ArticleDOI
Corporate social responsibility and marketing channel coordination
TL;DR: In this article, the authors analyzed a simple linear demand bilateral monopoly situation where one of the firms, either the up-stream manufacturer or the down-stream retailer, is socially concerned in terms of its desire to enhance its end-customers' welfare in addition to the traditional profit motive.
References
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Book ChapterDOI
Firm Resources and Sustained Competitive Advantage
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI
Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts
TL;DR: In this paper, a theory of stakeholder identification and saliency based on stakeholders possessing one or more of three relationship attributes (power, legitimacy, and urgency) is proposed, and a typology of stakeholders, propositions concerning their saliency to managers of the firm, and research and management implications.
Journal ArticleDOI
The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
Thomas Donaldson,Lee E. Preston +1 more
TL;DR: In this article, the authors examine three aspects of the stakeholder theory and critique and integrate important contributions to the literature related to each, concluding that the three aspects are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental.
Book ChapterDOI
The Social Responsibility of Business Is to Increase Its Profits
TL;DR: When I hear businessmen speak eloquently about the social responsibilities of business in a free-enterprise system, I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life as mentioned in this paper.
Journal ArticleDOI
The corporate social performance-financial performance link
Sandra Waddock,Samuel B. Graves +1 more
TL;DR: In this article, the authors report the results of a rigorous study of the empirical linkages between financial and social performance, finding that corporate social performance (CSP) is positively associated with prior financial performance, supporting the theory that slack resource availability and CSP are positively related.