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
The influence of CSR on firm value: an application of panel smooth transition regression on Taiwan
Roger C. Y. Chen,Chen-Hsun Lee +1 more
TL;DR: In this article, the authors employed the corporate social responsibility index (CRSI) to test the relationship between CSR and company value and concluded that investment in CSR does not contribute to enhancing company value until it exceeds the value transition threshold.
Journal ArticleDOI
Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries
TL;DR: In this paper, the authors analyzed the relationship between CSR commitment and financial performance of banks in the Central and Eastern European Countries (CEEC) and found that banks with better financial efficiency have higher CSR activities.
Journal ArticleDOI
Corporate Social Responsibility Excites ‘Exponential’ Positive Employee Engagement: The Matthew Effect in CSR and Sustainable Policy
TL;DR: Wang et al. as discussed by the authors tested a new theory that after surpassing an upper bar, employee-perceived corporate social responsibility exponentially stimulates their organizational pride, and found that perceived CSR exponentially excites job satisfaction and affective commitment indirectly through organizational pride.
Journal ArticleDOI
Corporate Social Responsibility in Forming Corporate Image
TL;DR: In this article, the impact of corporate social responsibility on corporate image has been analyzed theoretically and empirically based on a structural model of corporate image, which is based on LeBlanc (1995), van Riel, Balmer (1997) and Chattananon, Lawley (2007).
Journal ArticleDOI
Environmentally Sustainable Development through Stakeholder Engagement in Developed and Emerging Countries
Corinna Dögl,Michael Behnam +1 more
TL;DR: In this paper, a cross-country study investigates the antecedents and outcomes of corporate environmental responsibility (CER) practices in developed and emerging countries, based on stakeholder and institutional theory, and they conducted an empirical study among firms in Germany, USA, India and China.
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.