Corporate Responsibility: Social Action, Institutions And Governance
by Ronny Manos /
2015 / English / PDF
2.2 MB Download
The decision to engage in corporate social action (CSA), and the
debates regarding its costs, benefits and implications to corporate
performance represent a demanding issue for scholars and managers.
Research is inconclusive regarding the causal relations between
CSA, corporate social performance (CSP) and corporate financial
performance (CFP), despite numerous empirical and theoretical
studies devoted to the issue. This book presents an in-depth study
of corporate social action and the factors influencing a decision
to engage in it. Going beyond the causal relationship between CSA
and firm performance, the book stresses the link between CSA and a
firm's core managerial policies and practices, reflecting the
complexity and varied facets of CSA and the numerous internal and
external factors that influence its outcomes. The book draws on the
experiences of various industrial sectors to reveal the importance
of a range of issues such as top management pay dispersion and
ownership structure, which may influence the firm's decision to
engage in CSA. It also explores some of the external influences on
firms, such as institutional norms, the geopolitical environment
and the industrial sector. The first part of the book provides an
overview of the thematic issues of CSA and performance. The second
part presents a series of empirical studies that examine factors
and determinants of CSA. The third part presents case studies to
illustrate the processes and outcomes of CSA policy and strategy in
environmentally hazardous industries.
The decision to engage in corporate social action (CSA), and the
debates regarding its costs, benefits and implications to corporate
performance represent a demanding issue for scholars and managers.
Research is inconclusive regarding the causal relations between
CSA, corporate social performance (CSP) and corporate financial
performance (CFP), despite numerous empirical and theoretical
studies devoted to the issue. This book presents an in-depth study
of corporate social action and the factors influencing a decision
to engage in it. Going beyond the causal relationship between CSA
and firm performance, the book stresses the link between CSA and a
firm's core managerial policies and practices, reflecting the
complexity and varied facets of CSA and the numerous internal and
external factors that influence its outcomes. The book draws on the
experiences of various industrial sectors to reveal the importance
of a range of issues such as top management pay dispersion and
ownership structure, which may influence the firm's decision to
engage in CSA. It also explores some of the external influences on
firms, such as institutional norms, the geopolitical environment
and the industrial sector. The first part of the book provides an
overview of the thematic issues of CSA and performance. The second
part presents a series of empirical studies that examine factors
and determinants of CSA. The third part presents case studies to
illustrate the processes and outcomes of CSA policy and strategy in
environmentally hazardous industries.