Journal of Business Ethics 144 (1):21-40 (2017)
Abstract |
The question of what drives corporate social performance has become a vital concern for many managers and researchers of large corporations. This study addresses this question by adopting a multilevel, multistakeholder, and multimethod approach to theorize and estimate the relative influence of macro, meso, and micro factors on CSP. Applying three different methods of variance decomposition analysis to an international sample of 2060 large public companies over a time span of 5 years, our results show that firm-level factors explain the largest proportion of variance in aggregate CSP as well as CSP oriented toward communities, the natural environment, and employees. These results support our hypotheses according to which CSP is not primarily driven by macrolevel or mesolevel factors, except for shareholder-oriented CSP, which is relatively more influenced by country-level factors. As a whole, our findings also point to the value of subdividing CSP into its stakeholder-specific components as this disaggregation allows for a more careful examination of distinct drivers of distinct aspects of CSP.
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DOI | 10.1007/s10551-015-2822-y |
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References found in this work BETA
Measuring Corporate Social Responsibility: A Scale Development Study.Duygu Turker - 2009 - Journal of Business Ethics 85 (4):411-427.
The Politics of Stakeholder Theory: Some Future Directions.R. Edward Freeman - 1994 - Business Ethics Quarterly 4 (4):409-421.
The Corporate Social Performance and Corporate Financial Performance Debate.John F. Mahon - 1997 - Business and Society 36 (1):5-31.
The Corporate Social Performance and Corporate Financial Performance Debate Twenty-Five Years of Incomparable Research.Jennifer J. Griffin & John F. Mahon - 1997 - Business and Society 36 (1):5-31.
Strengthening Stakeholder–Company Relationships Through Mutually Beneficial Corporate Social Responsibility Initiatives.C. B. Bhattacharya, Daniel Korschun & Sankar Sen - 2009 - Journal of Business Ethics 85 (S2):257-272.
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Citations of this work BETA
Social Status and Corporate Social Responsibility: Evidence from Chinese Privately Owned Firms.Yang Liu, Weiqi Dai, Mingqing Liao & Jiang Wei - 2021 - Journal of Business Ethics 169 (4):651-672.
Tracing Stakeholder Terminology Then and Now: Convergence and New Pathways.Jennifer J. Griffin - 2017 - Business Ethics: A European Review 26 (4):326-346.
Unpacking Functional Experience Complementarities in Senior Leaders’ Influences on CSR Strategy: A CEO–Top Management Team Approach.Marko Reimer, Sebastiaan Van Doorn & Mariano L. M. Heyden - 2018 - Journal of Business Ethics 151 (4):977-995.
Corporate Tax: What Do Stakeholders Expect?Carola Hillenbrand, Kevin Guy Money, Chris Brooks & Nicole Tovstiga - 2019 - Journal of Business Ethics 158 (2):403-426.
CSR and Banking Soundness: A Causal Perspective.Sana Ben Abdallah, Dhafer Saïdane & Mehrez Ben Slama - 2020 - Business Ethics: A European Review 29 (4):706-721.
View all 8 citations / Add more citations
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