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
Smart Maintenance Decision Support Systems (SMDSS) based on corporate big data analytics
TL;DR: The architectural design and conceptual framework for a Smart Maintenance Decision Support System (SMDSS) based on corporate data from a Fortune 500 company is outlined and existing solution algorithms and optimization models can be applied to large data sets to lay out executable decisions for managers.
Journal ArticleDOI
Environmental regulation and MNEs location: does CSR matter?
Lammertjan Dam,Bert Scholtens +1 more
TL;DR: In this article, the authors investigate whether firms with relatively low environmental standards are more often located in countries that are poor, corrupt or have weak environmental regulations, and they find new empirical evidence in favor of the Pollution Haven Hypothesis, which states that MNEs are transferring their dirty operations to countries with weak environmental regulation.
BookDOI
Globalization and corporate social responsibility
TL;DR: In this article, the authors argue that the traditional paradigm of CSR where the responsibilities of businesses are discussed vis-a-vis a more or less properly working nation state system and a homogenous moral (cultural) community becomes problematic in the current 'post-national constellation' (Habermas 2001).
Journal ArticleDOI
Regulation, Corporate Social Responsibility and Activism
TL;DR: The authors analyzes the interplay between firms' self-regulation as opposed to the formal regulation of a negative externality and finds that consumers benefit from the behavior of firms, yet they have access to cheaper (although less ecient) goods.
Posted Content
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 analyzed how different combinations of Corporate Social Responsibility (CSR) dimensions affect corporate economic performance and found that the substitutability of these dimensions is highly significant for firm performance.
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.