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
Tools for the Disempowered? Indigenous Leverage Over Mining Companies
TL;DR: In this paper, the case of Century Zinc Mine in Queensland's Gulf of Carpentaria where the miner undertook negotiations and reached agreement with local Indigenous communities was examined, and the miner was later held to account by communities concerned about insufficient implementation of this agreement.
Journal ArticleDOI
Multinational enterprise buyers’ choices for extending corporate social responsibility practices to suppliers in emerging countries: A multi-method study
TL;DR: In this paper, the authors use a multi-method approach to explore the nature of suppliers' CSR heterogeneity based on the various components of CSR in emerging countries, and the choices of multinational enterprises for extending CSR to different types of suppliers in dynamic environments.
Journal ArticleDOI
Responsible Tax as Corporate Social Responsibility The Case of Multinational Enterprises and Effective Tax in India
Alan Muller,Ans Kolk +1 more
TL;DR: Anecdotal evidence often suggests that multinational enterprises (MNEs) operating in developing countries exploit their multinationality to avoid paying taxes to host governments as mentioned in this paper, and this article ex...
Journal ArticleDOI
Social responsibility in a bilateral monopoly
Bjoern Brand,Michael Grothe +1 more
TL;DR: In this paper, the effect of firms' social concern on the performance of a linear bilateral monopoly has been analyzed in the context of a two-stage game, where first the manufacturer fixes the wholesale price per quantity, which has to be paid by the retailer, and then the retailer chooses the optimal quantity.
Journal ArticleDOI
Unpacking Functional Experience Complementarities in Senior Leaders’ Influences on CSR Strategy: A CEO–Top Management Team Approach
TL;DR: In this article, the influence of senior leadership on firms' corporate social responsibility (CSR) is examined, and it is found that when CEOs who have predominant experience in output functions are complemented by TMTs with a lower proportion of members who have experience in outputs, there is a pronounced effect on the community, product, and diversity dimensions of CSR.
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.