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When do Firms Invest in Corporate Social Responsibility? A Real Option Framework

Luc Liedekerke, Peter-Jan Engelen & Danny Cassimon

Journal of Business Ethics 137 (1):15-29 (2016)

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Stakeholder Management and Nonparticipation in Controversial Business.Rosamaria Moura-Leite, Robert Padgett & José Galán - 2014 - Business and Society 53 (1):45-70.details The main objective of this research is to provide knowledge on the impact that nonparticipation in controversial business can have on corporate financial performance. Accordingly, the stakeholder theory perspective was adopted and the effect of nonparticipation in controversial business on corporatefinancial performance was tested by using market-based and accounting-based economic measures. In addition, the effect of primary stakeholders’ management activities on corporate financial performance was tested, whereby it can be seen whether this nonparticipation in controversial business reveals a different causal (...) Download Export citation Bookmark 4 citations
Embedding Corporate Social Responsibility in Corporate Governance: A Stakeholder Systems Approach.Chris Mason & John Simmons - 2014 - Journal of Business Ethics 119 (1):77-86.details Current research on corporate social responsibility (CSR) illustrates the growing sense of discord surrounding the ‘business of doing good’ (Dobers and Springett, Corp Soc Responsib Environ Manage 17(2):63–69, 2010). Central to these concerns is that CSR risks becoming an over-simplified and peripheral part of corporate strategy. Rather than transforming the dominant corporate discourse, it is argued that CSR and related concepts are limited to “emancipatory rhetoric…defined by narrow business interests and serve to curtail interests of external stakeholders.” (Banerjee, Crit Sociol (...) Download Export citation Bookmark 11 citations
When Does a Corporate Social Responsibility Initiative Provide a First-Mover Advantage?Carol-Ann Tetrault Sirsly & Kai Lamertz - 2008 - Business and Society 47 (3):343-369.details Theory and research on corporate social responsibility (CSR) have been concerned primarily with identifying stakeholders, categorizing types of CSR initiatives, and linking corporate social performance to firm performance. In this conceptual article, the authors assess strategic CSR initiatives, inquiring into the conditions that might give rise to a sustainable competitive advantage in social performance. In what circumstances does a firm's CSR initiative create a first-mover advantage, and when should a firm prefer an early- or late-adopter position? Using the resource-based view (...) Download Export citation Bookmark 10 citations
Organizational Responses to Negative Evaluation by External Stakeholders.Amy Randel - 2009 - Business and Society 48 (4):438-466.details The authors offer a framework based on the stakeholder, organizational identity, and strategic response literatures to specify how organizational identity influences an organization’s responses to negative evaluation in the public domain by external stakeholders. The framework proposes how the number of organizational identities possessed by an organization and the level of perceived organizational identity threat affect which type of response an organization will adopt. Directions for future research are developed and implications for practicing managers are proposed. Download Export citation Bookmark 7 citations
Stakeholder integration building mutually enforcing relationships.Pursey Pmar Heugens, Frans A. J. van den Bosch & Cees B. M. van Riel - 2002 - Business and Society 41 (1):36-60.details Download Export citation Bookmark 20 citations

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