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
Corporate Sociopolitical Activism and Firm Value
TL;DR: In this article, the authors argue that shareholders have long pressured firms to provide societal benefits in addition to generating shareholder wealth such benefits have traditionally come in the form of corporate social responsibilit
Journal ArticleDOI
Key activity areas of corporate social responsibility (CSR) in the construction industry: a study of China
Weiyan Jiang,Johnny Wong +1 more
TL;DR: Wang et al. as discussed by the authors identified generic CSR activities through extensive literature review and conducted content analysis on CSR reports of construction firms and interviews with professionals to make the generic SCR activities suit the Chinese construction industry.
Journal ArticleDOI
Talk the Walk: Measuring the Impact of Strategic Philanthropy
Karen Maas,Kellie Liket +1 more
TL;DR: In this article, the authors used longitudinal cross-sectional and cross-national data on over 500 firms listed in the Dow Jones Sustainability Index (DJSI) to empirically test whether these firms are strategic in their philanthropy as indicated by their measurement of the impact of their philanthropic activities along three dimensions.
Journal ArticleDOI
The Influence of Family Ownership on Corporate Social Responsibility: An International Analysis of Publicly Listed Companies
William Rees,Tatiana Rodionova +1 more
TL;DR: This article investigated the impact of family equity holdings on three indicators of corporate social responsibility: environmental, social, and governance (ESG) rankings, and found that both closely held equity and family ownership are negatively associated with ESG performance.
Journal ArticleDOI
Mitigating external barriers to implementing green supply chain management: A grounded theory investigation of green-tech companies' rare earth metals supply chains
Johan Rauer,Lutz Kaufmann +1 more
TL;DR: In this paper, the role of capabilities in green supply chain management (GSCM) is analyzed using an inductive research approach using a Straussian approach to grounded theory, and the authors show that firms require three categories of dynamic capabilities: sensing capabilities, alignment capabilities, and resilience capabilities.
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.