Journal ArticleDOI
Welfare and capital-theoretic foundations of corporate social responsibility and corporate sustainability
TLDR
In this article, a formal approach for integrating the societal perspective of sustainable development with the corporate perspective of CSR and CS is presented, which is complementary to a company's internal CSR evaluation.Abstract:
Corporate social responsibility (CSR) and corporate sustainability (CS) are variously defined in the literature. Providing formal definitions for the two concepts, we show in this article that CS and CSR are distinct but interrelated concepts that can be usefully formalized with capital-theoretic and welfare economic approaches. CSR can particularly constitute a strategy to cope with externalities and serve as insurance against reputational risks that harm profit prospects and corporate value. Moreover, we present a formal approach for integrating the societal perspective of sustainable development with the corporate perspective of CSR and CS. This approach is complementary to a company's internal CSR and CS evaluation.read more
Citations
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Journal ArticleDOI
Improving corporate social responsibility in a supply chain through a new revenue sharing contract
TL;DR: In this paper, a new revenue sharing contract embedding corporate social responsibility (RS-CSR) is proposed for coordinating a two-tier supply chain, which requires that the manufacturer invest in CSR and charge the retailer a wholesale price.
Journal ArticleDOI
New challenges for corporate sustainability reporting: United Nations' 2030 Agenda for sustainable development and the sustainable development goals
TL;DR: In this article, the authors developed a methodological framework for evaluating the level of alignment of corporate sustainability reporting practices with the scope of UN_SDGs, based on disclosure topics from Global Reporting Initiative and a scoring system, an evaluation framework was developed in order to assess the quality of information published in sustainability reports with respect to each sustainable development goal.
Journal ArticleDOI
Corporate social responsibility and financial performance of companies: The puzzle of concepts, definitions and assessment methods
TL;DR: In this article, the authors analyse the benefits and drawbacks of CSR based on systematic literature review and develop the conceptual framework for linking CSR with the financial performance of companies, and find that in most studies the positive or neutral relationship between CSR and financial results were claimed.
Journal ArticleDOI
A framework to measure corporate sustainability performance: A strong sustainability-based view of firm
TL;DR: In this article, the authors proposed a framework to measure corporate sustainability performance by designing a composite sustainability index, which simultaneously combines the economic, environmental and social components of sustainability integrating the concept of thresholds into the logic composite index of corporate sustainability.
Journal ArticleDOI
An empirical analysis of the influences of corporate social responsibility on organizational performance of Taiwan’s construction industry: using corporate image as a mediator
Chung-Fah Huang,Ho-Chi Lien +1 more
TL;DR: In this paper, a questionnaire-based survey was used to measure CSR, corporate image and overall organizational performance in Taiwan's construction industry and the analysis results suggest that CSR is positively correlated with corporate image, and levels of corporate image are positively associated with organizational performance levels.
References
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Journal Article
Strategy and society: the link between competitive advantage and corporate social responsibility.
Michael E. Porter,Mark R. Kramer +1 more
TL;DR: A fundamentally new way is proposed to look at the relationship between business and society that does not treat corporate growth and social welfare as a zero-sum game and introduces a framework that individual companies can use to identify the social consequences of their actions.
Journal ArticleDOI
Corporate Social Responsibility: a Theory of the Firm Perspective
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.
Journal ArticleDOI
Corporate Social Responsibility: Evolution of a Definitional Construct
TL;DR: In this article, the authors trace the evolution of the concept and definition of corporate social responsibility (CSR) and present an interesting history associated with the evolution and evolution of CSR.
Journal ArticleDOI
Beyond the business case for corporate sustainability
Thomas Dyllick,Kai Hockerts +1 more
TL;DR: In this paper, the authors discuss how the concept of sustainable development has evolved over the past three decades and particularly how it can be applied to the business level and describe the three types of capital relevant within the corporate sustainability: economic, natural and social capital.