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
Corporate Social Responsibility in Supply Chains of Global Brands: A Boundaryless Responsibility? Clarifications, Exceptions and Implications
TL;DR: In this paper, the use of code of conducts, corporate culture, anti-pressure group campaigns, personnel training and value reorientation as possible sources of wielding positive moral influence along supply chains.
Journal ArticleDOI
Building corporate social responsibility into strategy
TL;DR: In this article, the authors explore how corporate social responsibility (CSR) can be effectively built into firm strategy by drawing upon classic work in the field, and then systematically develop a means of incorporating CSR into strategy.
Posted Content
Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility
TL;DR: In this paper, the authors argue that research on the business case must account for the path dependent nature of firm-stakeholder relations, and develop the construct of stakeholder influence capacity (SIC) to fill this void.
Journal ArticleDOI
A model of customer loyalty and corporate social responsibility
TL;DR: In this paper, the authors examined the roles of corporate social responsibility and perceived service quality in determining the attitudinal and behavioral loyalty of customers in the retail banking sector in Bangkok, Thailand, and demonstrated an empirical operationalization of CSR initiatives measured from the customers' point of view, and from which banks could learn for corporate strategy development.
Journal ArticleDOI
An Institution of Corporate Social Responsibility (CSR) in Multi-National Corporations (MNCs): Form and Implications
TL;DR: Corporate social responsibility (CSR) as an institution within UK multi-national corporations (MNCs) has been investigated in this article, where the authors argue that MNCs are moving away from a societal understanding of CSR that focuses on redressing the impacts of their operations through stakeholder concerns, back to any activity that supports traditional business imperatives.
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.