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 Creation of Value Through Corporate Reputation
TL;DR: In this article, the authors propose a theoretical model of the process of the creation of value from the reputation generated by companies, integrating the factors that have been shown to be more relevant in this process from previous research.
Journal ArticleDOI
Does retailer CSR enhance behavioral loyalty? A case for benefit segmentation
TL;DR: In this paper, consumer perceptions of four types of corporate social responsibility (CSR) activities (environment friendliness, community support, selling locally produced products, and treating employees fairly) were studied.
Journal ArticleDOI
Evaluating the drivers of corporate social responsibility in the mining industry with multi-criteria approach: A multi-stakeholder perspective
TL;DR: In this paper, a case study from an industrial unit in India, through Fuzzy Decision Making Trial and Evaluation Laboratory (Fuzzy DEMATEL), is used to investigate the drivers for CSR implementation in the mining industry in India.
Journal ArticleDOI
Integrating CSR Initiatives in Business: An Organizing Framework
TL;DR: In this paper, the authors develop a new organizing framework showing how a firm can integrate corporate social responsibility (CSR) initiatives in business, and explore the nature of the resulting internal fit between recurring CSR initiatives and business practices.
Journal ArticleDOI
Corporate Social Responsibility as a Strategic Shield Against Costs of Earnings Management Practices
TL;DR: In this paper, the authors highlight how Corporate Social Responsibility (CSR) can be strategically used against the negative perception from earnings management (EM) using international data, and analyse the effect of CSR and EM on the cost of capital and corporate reputation.
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.