Journal ArticleDOI
Corporate Social Responsibility Theories: Mapping the Territory
Elisabet Garriga,Domènec Melé +1 more
TLDR
In this article, the authors classify the main CSR theories and related approaches in four groups: (1) instrumental theories, in which the corporation is seen as only an instrument for wealth creation, and its social activities are only a means to achieve economic results; (2) political theories, which concern themselves with the power of corporations in society and a responsible use of this power in the political arena; (3) integrative theories, focusing on the satisfaction of social demands; and (4) ethical theories based on ethical responsibilities of corporations to society.Abstract:
The Corporate Social Responsibility (CSR) field presents not only a landscape of theories but also a proliferation of approaches, which are controversial, complex and unclear. This article tries to clarify the sit- uation, ''mapping the territory'' by classifying the main CSR theories and related approaches in four groups: (1) instrumental theories, in which the corporation is seen as only an instrument for wealth creation, and its social activities are only a means to achieve economic results; (2) political theories, which concern themselves with the power of corporations in society and a responsible use of this power in the political arena; (3) integrative theories, in which the corporation is focused on the satisfaction of social demands; and (4) ethical theories, based on ethical responsibilities of corporations to society. In practice, each CSR theory presents four dimensions related to profits, political performance, social demands and ethical values. The findings suggest the necessity to develop a new theory on the business and society relationship, which should integrate these four dimensions.read more
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Posted Content
'Implicit' and 'Explicit' CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility
Dirk Matten,Jeremy Moon +1 more
TL;DR: In this paper, the authors address the question of how and why corporate social responsibility (CSR) differs among countries and how it changes, and apply two schools of thought in institutional theory to conceptualize the differences between CSR in the USA and Europe.
Journal ArticleDOI
“Implicit” and “Explicit” CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility
Dirk Matten,Jeremy Moon +1 more
TL;DR: In this paper, the authors address the question of how and why corporate social responsibility (CSR) differs among countries and how it changes and delineate the potential of their framework for application to other parts of the global economy.
Journal ArticleDOI
What We Know and Don't Know About Corporate Social Responsibility: A Review and Research Agenda
Herman Aguinis,Ante Glavas +1 more
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.
Journal ArticleDOI
The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy
TL;DR: A review of the literature shows that there are a growing number of publications from various disciplines that propose a politicized concept of corporate social responsibility as mentioned in this paper, and that many business firms have started to assume social and political responsibilities that go beyond legal requirements and fill the regulatory vacuum in global governance.
Journal ArticleDOI
Is Earnings Quality Associated with Corporate Social Responsibility
TL;DR: In this paper, the authors examine whether socially responsible firms behave differently from other firms in their financial reporting, and they find that firms that exhibit corporate social responsibility also behave in a responsible manner to constrain earnings management, thereby delivering more transparent and reliable financial information to investors.
References
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