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 Social Performance Disoriented: Saving the Lost Paradigm?:
Jean-Pascal Gond,Andrew Crane +1 more
TL;DR: Corporate social performance (CSP) has been a prominent concept in the management literature dealing with the social role and impacts of the corporation; it has been promulgated as a unifying paradigm for the field as mentioned in this paper.
Journal ArticleDOI
Reconnecting Business and Society: Perceptions of Authenticity in Corporate Social Responsibility
Daina Mazutis,Natalie Slawinski +1 more
TL;DR: The authors explored the relationship between corporate social responsibility (CSR) and authenticity by developing a framework that explains the characteristics of CSR activities that lead to a perception by stakeholders that a firm's CSR efforts are genuine.
Journal ArticleDOI
Does firm size matter? Evidence on the impact of the green innovation strategy on corporate financial performance in the automotive sector
TL;DR: In this paper, the correlation between the GIS and the Corporate Financial Performance (CFP) with regards to the firm size has been determined for 163 international automotive firms, from the CSRHub database, for the period ranging between 2011 and 2017.
Journal ArticleDOI
Corporate social responsibility, customer satisfaction, and financial performance: The moderating effect of the institutional environment in two transition economies
TL;DR: In this paper, the authors explored the roles of customer satisfaction and institutional environments as they pertain to the link between CSR efforts and financial performance, specifically in the context of transitional economies.
Journal ArticleDOI
Investigating structure of a two-echelon closed-loop supply chain using social work donation as a Corporate Social Responsibility practice
TL;DR: In this paper, a socially responsible closed-loop supply chain (CLSC) model was developed to take into account donation, as a CSR activity, and recycling of the used products for environmental sustainability.
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.