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
Self-Efficacy toward Service, Civic Participation and the Business Student: Scale Development and Validation
TL;DR: In this article, the authors developed and administered a survey to 851 students in an AACSB-accredited college of business at a comprehensive public university located in the Midwest to explore self-efficacy toward service and toward civic participation.
Journal ArticleDOI
Corporate Philanthropy, Ownership Type, and Financial Transparency
TL;DR: Li et al. as discussed by the authors argue that firms that actively engage in corporate philanthropic giving also tend to demonstrate greater concern for investors' interests by providing more transparent financial information and avoiding corporate misconduct.
Journal ArticleDOI
The effect of small firms' competitive strategies on their community and environmental engagement
TL;DR: In this article, the authors explored how corporate social responsibility (CSR) is linked to a firm's choice of competitive strategy and found that, except for seeking differentiation through community engagement, the approach of small firms to CSR remains largely characterized by adhoc decisions with few ties to their competitive strategies.
Journal ArticleDOI
CSR and Customer Value Co-creation Behavior: The Moderation Mechanisms of Servant Leadership and Relationship Marketing Orientation
TL;DR: In this article, the authors assess how CSR contributes to customer value co-creation and seek evidence on the moderation mechanisms of servant leadership and relationship marketing orientation for the effect of CSR on customer value-co-creation behavior.
Journal ArticleDOI
Exploring CSR and financial performance of full-service and low-cost air carriers
Ann Shawing Yang,Suvd Baasandorj +1 more
TL;DR: In this paper, the influence of corporate social responsibility (CSR) on the financial performance of low-cost (LCC) and full-service air carriers (FSC) was analyzed.
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.