Extending Corporate Social Responsibility Research to the Human Resource Management and Organizational Behavior Domains: A Look to the Future
TL;DR: A special issue of Personnel Psychology that explicitly focuses attention on CSR in the HR/OB domains was published in this paper. But there have been few studies on this topic conducted in the fields of human resource management and organizational behavior (OB).
Abstract: Although issues of corporate social responsibility (CSR) have become an important topic of research, there have been few studies on this topic conducted in the fields of human resource (HR) management and organizational behavior (OB). To address this gap, we edited a special issue of Personnel Psychology that explicitly focuses attention on CSR in the HR/OB domains. In this introductory editorial, we synthesize and extend the four articles published in the special issue. We also address issues relating to the conceptualization and measurement of CSR, the application of microlevel theories to CSR, and the practical and methodological implications of research in this domain. Finally, we provide suggestions for future research linking CSR with some of the most frequently studied topics in HR/OB. We propose that a focus on HR/OB will improve our understanding of the antecedents and consequences of CSR and also benefit HR/OB in terms of bridging the science�practice and micro�macro gaps.
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TL;DR: In this article, the authors review the corporate social responsibility literature based on 588 journal articles and 102 books and book chapters and offer a multilevel and multidisciplinary theoretical framework that synthesizes and integrates the literature at the institutional, organizational, and individual levels of analysis.
2,592 citations
Posted Content•
01 Jan 1994TL;DR: In this paper, a natural resource-based view of the firm is proposed, which is composed of three interconnected strategies: pollution prevention, product stewardship, and sustainable development, and each of these strategies are advanced for each of them regarding key resource requirements and their contributions to sustained competitive advantage.
Abstract: Historically, management theory has ignored the constraints imposed by the biophysical (natural) environment. Building upon resource-based theory, this article attempts to fill this void by proposing a natural-resource-based view of the firm—a theory of competitive advantage based upon the firm's relationship to the natural environment. It is composed of three interconnected strategies: pollution prevention, product stewardship, and sustainable development. Propositions are advanced for each of these strategies regarding key resource requirements and their contributions to sustained competitive advantage.
902 citations
840 citations
TL;DR: In this article, a survey and content analysis of 76 empirical research articles was conducted to understand the factors driving corporate social responsibility disclosure in both developed and developing countries. And they found that firm characteristics such as company size, industry sector, profitability, and corporate governance mechanisms predominantly appear to drive the CSR reporting agenda.
Abstract: Based on a survey and content analysis of 76 empirical research articles, this article reviews the factors driving Corporate Social Responsibility (CSR) disclosure in both developed and developing countries. We find that firm characteristics such as company size, industry sector, profitability, and corporate governance mechanisms predominantly appear to drive the CSR reporting agenda. Furthermore, political, social, and cultural factors influence the CSR disclosure agenda. We find crucial differences between the determinants of CSR disclosure in developed and developing countries. In developed countries, the concerns of specific stakeholders, for example, regulators, shareholders, creditors, investors, environmentalists and the media are considered very important in disclosing CSR information. In developing countries, CSR reporting is more heavily influenced by the external forces/powerful stakeholders such as international buyers, foreign investors, international media and international regulatory bodies (e.g. the World Bank). Furthermore, in contrast to developed countries, firms in developing countries perceive relatively little pressure from the public with regards to CSR disclosure. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment
532 citations
Cites background from "Extending Corporate Social Responsi..."
...Recent reviews of the general CSR literature (Aguinis & Glavas, 2012; Morgeson et al., 2013; Frynas & Yamahaki, 2016) have called for more future research at the micro-level and have provided valuable suggestions on the theoretical lenses and issues that could fruitfully be studied, and disclosure…...
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TL;DR: This article reviewed and synthesized strategic corporate social responsibility (CSR) and corporate political activity (CPA) research published in top-tier and specialized academic journals between 2000 and 2014.
436 citations
References
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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.
Abstract: ?The stakeholder theory has been advanced and justified in the management literature on the basis of its descriptive accuracy, instrumental power, and normative validity. These three aspects of the theory, although interrelated, are quite distinct; they involve different types of evidence and argument and have different implications. In this article, we examine these three aspects of the theory and critique and integrate important contributions to the literature related to each. We conclude that the three aspects of stakeholder theory are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental. If the unity of the corporate body is real, then there is reality and not simply legal fiction in the proposition that the managers of the unit are fiduciaries for it and not merely for its individual members, that they are . . . trustees for an institution [with multiple constituents] rather than attorneys for the stockholders.
10,163 citations
"Extending Corporate Social Responsi..." refers background in this paper
...Beyond such transaction-based theorizing, stakeholder theories assert that firms and policymakers should balance the needs of the multiple stakeholder entities or constituent groups that have an interest in the activities and outcomes of a firm (Donaldson & Preston, 1995; Margolis & Walsh, 2003)....
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Book•
22 May 1995
TL;DR: Early Institutionalists Constructed an Analytic Framework I Three Pillars of Institutions Constructing an Analytical Framework II Content, Agency, Carriers and Levels Institutional Construction, Maintenance and Diffusion Institutional Processes Affecting Societal Systems, Organizational Fields, and Organizational Populations Institutional processes Affecting Organizational Structure and Performance Institutional Change Looking Back, Looking Forward
Abstract: Introduction Early Institutionalists Institutional Theory and Organizations Constructing an Analytic Framework I Three Pillars of Institutions Constructing an Analytic Framework II Content, Agency, Carriers and Levels Institutional Construction, Maintenance and Diffusion Institutional Processes Affecting Societal Systems, Organizational Fields, and Organizational Populations Institutional Processes Affecting Organizational Structure and Performance Institutional Change Looking Back, Looking Forward
8,382 citations
TL;DR: This article conducted a meta-analysis of 52 studies and found that corporate virtue in the form of social responsibility and, to a lesser extent, environmental responsibility is likely to pay off, although the operationalizations of CSP and CFP also moderate the positive association.
Abstract: Most theorizing on the relationship between corporate social/environmental performance (CSP) and corporate financial performance (CFP) assumes that the current evidence is too fractured or too variable to draw any generalizable conclusions. With this integrative, quantitative study, we intend to show that the mainstream claim that we have little generalizable knowledge about CSP and CFP is built on shaky grounds. Providing a methodologically more rigorous review than previous efforts, we conduct a meta-analysis of 52 studies (which represent the population of prior quantitative inquiry) yielding a total sample size of 33,878 observations. The meta-analytic findings suggest that corporate virtue in the form of social responsibility and, to a lesser extent, environmental responsibility is likely to pay off, although the operationalizations of CSP and CFP also moderate the positive association. For example, CSP appears to be more highly correlated with accounting-based measures of CFP than with market-based ...
6,493 citations
TL;DR: 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.
6,305 citations
"Extending Corporate Social Responsi..." refers background in this paper
...For example, McWilliams and Siegel (2001) outlined a theory of the firm perspective of CSR, which asserts that managers engage in CSR only if it advances the financial interests of their organizations....
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...In the realm of CSR, this would mean that, as McWilliams and Siegel (2001) have argued, there should be a clear link between the CSR policies that are instituted by management and financial outcomes for the firm....
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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.
Abstract: Strategic managers are consistently faced with the decision of how to allocate scarce corporate resources in an environment that is placing more and more pressures on them. Recent scholarship in strategic management suggests that many of these pressures come directly from sources associated with social issues in management, rather than traditional arenas of strategic management. Using a greatly improved source of data on corporate social performance, this paper reports the results of a rigorous study of the empirical linkages between financial and social performance. Corporate social performance (CSP) is found to be positively associated with prior financial performance, supporting the theory that slack resource availability and CSP are positively related. CSP is also found to be positively associated with future financial performance, supporting the theory that good management and CSP are positively related.? 1997 by John Wiley & Sons, Ltd
5,922 citations
"Extending Corporate Social Responsi..." refers background in this paper
...This macrolevel emphasis has been promulgated by numerous attempts to link social responsibility to firm performance (e.g., McWilliams & Siegel, 2000; Waddock & Graves, 1997)....
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