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 Responsibility That “Pays”: A Strategic Approach to CSR for SMEs
Carmen R. Stoian,Mark W. Gilman +1 more
TL;DR: In this article, a model of CSR activities that enhance small and medium enterprises (SMEs) growth is proposed, and the authors test this model using multinomial logistic analysis and data from a survey with 211 U.K.-based SMEs.
Journal ArticleDOI
Does Socially Responsible Supplier Selection Pay Off for Customer Firms? A Cross‐Cultural Comparison
TL;DR: In this article, the extent to which socially responsible supplier selection (SRSS) is associated with customer firms' financial performance in three key world economic regions was investigated, including China, the United Arab Emirates, and the United States of America.
Journal ArticleDOI
Corporate responsibility and sustainable competitive advantage in forest-based industry: Complementary or conflicting goals?
Ning Li,Anne Toppinen +1 more
TL;DR: In this paper, a survey of existing studies to assess the current stage of corporate responsibility adoption in forest-based industry and to form a basis for evaluating the wider importance of CR in business, as well as formulate hypotheses for future research.
Journal ArticleDOI
Knowledge acquisition and environmental commitment in SMEs
Marie-Josée Roy,François Therin +1 more
TL;DR: In this article, the authors present the results of an empirical study that investigated the relationship between a firm's knowledge acquisition activities and its environmental commitment and found that regular knowledge acquisition and those specific to environmental issues are positively related to environmental commitment.
Journal ArticleDOI
Determinants of CSR disclosure quantity and quality: evidence from non-financial listed firms in Saudi Arabia
TL;DR: In this article, the authors examined the practice of Corporate Social Responsibility (CSR) disclosure in a Saudi Arabian context and developed a set of indices to measure the level of quantity and quality of CSR disclosure.
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.