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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The role of customer awareness in promoting firm sustainability and sustainable supply chain management
TL;DR: In this paper, the authors investigated how sustainability capability develops within a firm, and then extends to sustainable supply chain management (SSCM) using a fixed-effect model and a global dataset of 2206 firms between 2002 and 2015.
Posted Content
All Things Great and Small: Organizational Size, Boundaries of the Firm, and a Changing Environment
TL;DR: The theory of the firm has been used to provide a theory-driven definition of firm size and as a framework to organize the diverse research on firm size as mentioned in this paper, leading to a rich and robust set of opportunities for future research to explore the nature of organizational size and its effects.
Journal ArticleDOI
Entrepreneurial Orientation, Legitimation, and New Venture Performance
TL;DR: In this article, the authors integrate research on entrepreneurial orientation and new venture legitimacy, and find that new ventures with an entrepreneurial orientation as demonstrated by innovative, proactive, and risk-taking decisions and behaviors can achieve superior performance if they also actively undertake legitimation efforts to meet stakeholders' cognitive, regulative and normative expectations.
Journal ArticleDOI
Theory Assessment and Agenda Setting in Political CSR: A Critical Theory Perspective Theory Assessment and Agenda Setting
TL;DR: Frynas and Stephens as mentioned in this paper reviewed the literature on political corporate social responsibility (CSR) and suggested an agenda for future research, which can integrate different perspectives on political CSR in order to account for different phenomena, including global governance changes at macro level, instrumental concerns at organizational level or cognitive dimensions at individual level.
Journal ArticleDOI
Motivations for Corporate Sustainability Management: Contrasting Survey Results and Implementation
TL;DR: In this article, the authors compare empirical findings on the implementation of sustainability management with the results of earlier surveys on corporate motivations to deal with sustainability and analyze the relevance of three different motivations, i.e., seeking corporate legitimacy, market success, and internal improvement.
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.