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Investigating stakeholder theory and social capital: Csr in large firms and smes
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In this article, the authors argue that the idiosyncrasies of large firms and SMEs explain the different approaches to CSR, and that the notion of social capital is a more useful way of understanding the CSR approach of SMEs, whereas stakeholder theory more closely addresses the approach of big firms.Abstract:
The concept of corporate social responsibility (CSR) has been widely investigated, but a generally accepted theoretical framework does not yet exist. This paper argues that the idiosyncrasies of large firms and SMEs explains the different approaches to CSR, and that the notion of social capital is a more useful way of understanding the CSR approach of SMEs, whereas stakeholder theory more closely addresses the CSR approach of large firms. Based on the extant literature, we present a comparison of large firm and SME idiosyncrasies suggesting that both consolidated and emerging strategic orientations toward responsible behaviours exist. Idiosyncrasies of large firms and SMEs are also discussed to provide an assessment of the firm’s strategic CSR orientation, suggesting the key drivers upon which CSR strategies must be based. A twofold consideration emerges. First, the CSR–SME relationship could be better explained if the notion of social capital is taken into account, but this should also be accompanied by a stakeholder view of the SME; second, social capital and stakeholder theory should be taken as alternative ways of explaining CSR in both large firms and SMEs.read more
Citations
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Examining the Role of Stakeholder-Oriented Corporate Governance in Achieving Sustainable Development: Evidence from the SME CSR in the Context of China
TL;DR: Li et al. as discussed by the authors provided empirical evidence of Chinese SME corporate social responsibility (CSR) by using samples of 172 Chinese listed SMEs and found that the stakeholder-oriented CSR types have a negative impact on short-term operational profitability and expansion over a fixed period.
Journal ArticleDOI
Double-threshold effect of technological innovation on environmental-responsibility fulfillment: Evidence from high-polluting SMEs in China
Feifei Yu,JiaYu Cao,Ye Shi +2 more
TL;DR: In this paper, the double threshold effect of technological innovation on the environmental responsibilities of Chinese small and medium-sized enterprises (SMEs) in high-polluting industrial environments was investigated.
Journal ArticleDOI
Does a country's environmental policy affect the value of small and medium sized enterprises liquidity in the energy sector?
TL;DR: In this paper , the authors analyzed a large sample of European energy SMEs and found a positive effect of holding a buffer of cash on firm performance, which allows energy firms to prevent negative contingencies and/or achieve valuable growth patterns and investments.
Corporate Social Responsibility and Family Business: Different Perspectives to Explore an Under Investigated Topic
TL;DR: In this paper, the authors focus on the impact of the family involvement in the business on the perception that corporate social responsibility is a relevant practice for the business, through a qualitative methodology.
A conceptual relationship between business social responsibility (bsr) and firms performances in nigeria.
TL;DR: In this paper, the authors propose a framework that examines the relationship between business social responsibility and firms performances, based on the extant literature, and propose two constructs which can be used to assess the BSR implementation at firm level.
References
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Social Capital in the Creation of Human Capital
TL;DR: In this paper, the concept of social capital is introduced and illustrated, its forms are described, the social structural conditions under which it arises are examined, and it is used in an analys...
Book
Bowling Alone: The Collapse and Revival of American Community
TL;DR: Putnam as mentioned in this paper showed that changes in work, family structure, age, suburban life, television, computers, women's roles and other factors are isolating Americans from each other in a trend whose reflection can clearly be seen in British society.
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Strategic Management: A Stakeholder Approach
TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
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Foundations of Social Theory
TL;DR: In this article, a new approach to describing both stability and change in social systems by linking the behavior of individuals to organizational behavior is proposed. But the approach is not suitable for large-scale systems.