Corporate social strategy: Competing views from two theories of the firm

Journal of Business Ethics

Volumn 75, Issue 1, 2007, Pages 97-113

  Bowen, Frances ^a  

^a UNIVERSITY OF CALGARY   (Canada)

Author keywords

Behavioural theory; Corporate social strategy; Goals; Rationality; Resource based theory

Indexed keywords

EID: 34548235797     PISSN: 01674544     EISSN: 15730697     Source Type: Journal    
DOI: 10.1007/s10551-006-9240-0     Document Type: Article

References (87)

1. Adams, M. and P. Hardwick: 1998, 'An Analysis of Corporate Donations : United Kingdom Evidence', Journal of Management Studies 35(5), 641-654.
2. Alessandri, T. M. and C. A. Maritan: 2004, Evaluating Investments in Capabilities: A Conceptual Framework. Paper presented at the Strategic Management Society, San Juan, Puerto Rico.
3. Amit, R. and P. Schoemaker: 1993, 'Strategic Assets and Organisational Rent', Strategic Management Journal 14, 33-34.
4. Aragon-Correa, J. A. and S. Sharma: 2003, 'A Contingent Resource-Based View of Proactive Corporate Environmental Strategy', Academy of Management Review 28(1), 71-88.
5. Augier, M. and J. G. March: 2002, The Economics of Choice, Change and Organisation (Edward. Elgar, Cheltenham)..
6. Barney, J. B.: 1.986, 'Types of Competition and the Theory of Strategy: Toward and Integrative Framework', Academy of Management Review 11, 791-800.
7. Barney, J. B.: 1991, 'Firm Resources and Sustained Competitive Advantage', Journal of Management 17(1), 99-120.
8. Barney, J. B. and A. M. Arikan: 2001, 'The Resourcebased View: Origins and Implications', in M. A. Hitt, R. E. Freeman and J. S. Harrison (eds.), The Blackwell Handbook of Strategic Management (Blackwell, Oxford), pp. 124-188.
9. Bourgeois, L. J.: 1981, 'On the Measurement of Organisational Slack', Academy of Management Review 6(1), 29-39.
10. Bourgeois, L. J. and J. V. Singh: 1983, Organisational Slack and Political Behaviour Among Top Management Teams. Paper presented at the Academy of Management Proceedings.
11. Bowen, F. E: 2002a, 'Organisational Slack and Corporate Greening: Broadening the Debate', British Journal of Management 13(4), 305-316.
12. Bowen, F. E.: 2002b, Organisational Slack as a Facilitator of Operational Level Environmental Initiatives. Presented at the Academy of Management annual meeting, Denver, CO, USA, August 2002.
13. Bowen, F. E. and S. Sharma: 2005, 'Resourcing Corporate Environmental Strategy: Behavioral and Resource-based Perspectives', in. K. M. Weaver (ed.), Best Paper Proceedings of the Sixty-fifth Annual Meeting of the Academy of Management, pp. N1-6.
14. Bromiley, P and L. Fleming: 2002, 'The ResourceBased View of Strategy: A Behaviourist's Critique', in M. Augier and J. G. March (eds.), The Economics of Choice Change and Organizations: Essays in Memory of Richard M Cyert Cheltenham (Edward Elgar Publishing, UK).
15. Bromiley, P.: 2005, The Behavioural Foundations of Strategic Management (Blackwell Publishing, Oxford).
16. Brush, T. and K. W. Artz: 1999, 'Toward a Contingent Resource-based Theory: The Impact of Information Asymmetry on the Value of Capabilities in Veterinary Medicine', Strategic Management Journal 20, 223-250.
17. Buchholtz, A. K., A. C. Amason and A. B. Carroll: 2001, Corporate Philanthropy and Organisational Slack: An Examination of CEO Delegation to the Top Management Team. Paper presented at the Academy of Management Annual Meeting, Washington, DC.
18. Buchholtz, A. K., A. C. Amason and M. A. Rutherford: 1.999, 'Beyond Resources: The Mediating Effect of Top Management Discretion and Values on Corporate Philanthropy', Business Society 38(2), 167-187.
19. Buysse, K. and A. Verbeke: 2003, 'Proactive Environmental Strategies: A Stakeholder Management Perspective', Strategic Management Journal 24, 453-470.
20. Campbell, L., C. S. Gulas and T. S. CGruca: 1999, 'Corporate Giving Behaviour and Decision-Maker Social Consciousness', Journal of Business Ethics 19, 375-383.
21. Cohan, J. A.: 2002, '"I Didn't Know" and "I was Only Doing My Job": Has Corporate Governance Careened Out of Control? A Case Study of Enron's Information Myopia', journal of Business Ethics 40, 275-299.
22. Conner, K. R.: 1991, 'A Historical Comparison, of Resource-Based Theory and Five Schools of Thought within Industrial Organization Economics: Do we ave a New Theory of the Firm?', Journal of Management 17(1), 121-154.
23. Cyert, R. M. and J. G. March: 1963, A Behavioural Theory of the Firm (Prentice-Hall, Englewood Cliffs)..
24. Cyert, R. M. and J. G. March: 1992, A Behavioural Theory of the Firm 2(Blackwell, Oxford)..
25. Dierickx, I. and K. Cool: 1989, 'Asset Stock Accumulation and Sustainability of Competitive Advantage', Management Science 35, 1504-1511.
26. Engwall, L. and R. Danell: 2002, 'The Behavioural Theory of the Firm, in Action', in M. Augier and J. G. March (eds.), The Economics of Choice, Change and Organisation (Edward Elgar, Cheltenham, UK), pp. 27-47.
27. Foss, N.J., C. Knudsen and C. A. Montgomery: 1995, 'An Exploration of Common Ground: Integrating Evolutionary and Strategic Theories of the Finn', in C. A. Montgomery (eds.), Resource-based and Evolutionary Theories of the Firm: Towards a Synthesis (Kluwer Academic Publishers, Boston), pp. 1-18.
28. Freeman, R. E.: 1994, 'The Politics of Stakeholder Theory', Business Ethics Quarterly 4(4), 409-421.
29. Geiger, S. W. and L. H. Cashen: 2002, 'A Multidimensional Examination of Slack and its Impact on Innovation', Journal of Managerial Issues 14(1), 68-84.
30. Greve, H. R.: 2003a, 'A Behavioural Theory of R D Expenditures and Innovations: Evidence from Shipbuilding', Academy of Management journal 46(6), 685-702.
31. Greve, H. R.: 2003b, 'Investment and the Behavioural Theory of the Finn: Evidence from Shipbuilding', Industrial and Corporate Change 12(5), 1051-1076.
32. Greve, H. R.: 2003c, Organisational Learning from Performance Feedback: A Behavioural Perspective on Innovation and Change (Cambridge University Press, Cambridge UK).
33. Hannan, M. T. and J. Freeman: 1977, 'The Population Ecology of Organisations', American Journal of Sociology 82, 929-964.
34. Hart, S.: 1995, 'A Natural-Resource-Based View of the Firm', Academy of Management Review 20(4), 986-1014.
35. Hart, S. and S. Sharma: 2004, 'Engaging Fringe Stakeholders for Competitive Imagination', Academy of Management Executive 18(1), 7-18.
36. Hemingway, C. A. and P. W. Maclagan: 2004, 'Managers' Personal Values and Drivers of Corporate Social Responsibility', Journal of Business Ethics 50, 33-44.
37. Husted, B. W.: 2003, 'Governance Choices for Corporate Social Responsibility: To Contribute, Collaborate or Internalise?', Long Range Planning 36, 481-498.
38. Husted, B. W. and D. B. Allen: 2000, Is It Ethical to Use Ethics as Strategy?', Journal of Business Ethics 27, 21-31.
39. Itami, H.: 1987, Mobilizing Invisible Assets (Harvard University Press, Cambridge MA).
40. James, H. S.: 2000, 'Reinforcing Ethical Decision. Making Through Organisational Structure', Journal of Business Ethics 28(1), 43-58.
41. Kapelus, P.: 2002, 'Mining, Corporate Social Responsibility and the "Community": The Case of Rio Tinto, Richards Bay Minerals and the Mbonambi', Journal of Business Ethics 39, 275-296.
42. King, G. I.: 1999, 'The Implications of an Organisation's Structure on Whistleblowing', Journal of Business Ethics 20, 315-326.
43. Lankoski, L.: 2000, Determinants of Environmental Profit : An Analysis of the Firm-level Relationship between Environmental Performance and Economic Performance (Helsinki University of Technology, Helsinki).
44. Leonard-Barton, D.: 1992, 'Core Competencies and Core Rigidities: A Paradox in New Product Development', Sloan Management Review 13, 111-125.
45. Levinthal, D. A. and J. G. March: 1981, 'A Model of Adaptive Organisational. Search', Journal of Economic Behaviour and Organisation 2, 307-333.
46. Levinthal, D. A.: 1.995, 'Strategic Management and the Exploration of Diversity', in C. A. Montgomery (eds.), Resource-based and Evolutionary Theories of the Firm: Towards a Synthesis (Kluwer Academic Publishers, Boston), pp. 19-42.
47. Levinthal, D. A. and J. G. March: 1993, 'The Myopia of Learning', Strategic Management Journal 14, 95-112.
48. Levitt, B. and J. G. March: 1988, 'Organisational Learning', in R. ScottW. and J. Blake (eds.), Annual Review of Sociology (Annual Reviews, CA Palo Alto), pp. 319-340.
49. Lippman, S. and R. P. Rumelt: 1982, Uncertain Instability: An Analysis of Interfirm Difference in Efficiency under Competition. Bell Journal of Economics, 13(Autumn) 418-438.
50. Litz, R. A.: 1996, 'A Resource-based View of the Socially Responsible Firm', Journal of Business Ethics 15(12), 1355-1363.
51. Mahoney, J. T.: 2005, Economic Foundations of Strategy (Sage, Thousand Oaks).
52. March, J. G. and H. A. Simon: 1958, Organizations (Wiley, New York)..
53. McGuire, J., S. Dow and K. Argheyd: 2003, 'CEO Incentives and Corporate Social Performance', Journal of Business Ethics 45, 341-359.
54. Molitemo, T. P. and M. F. Wiersema: 2005, 'Rent Appropriation and Behavioral Antecedents of Strategic Resource Divestment', in K. M. Weaver (ed.), Proceedings of the Sixty-fifth Annual Meeting of the Academy of Management, pp. N1-N6.
55. Moore, G.: 1999, 'Corporate Moral Agency: Review and Implications', Journal of Business Ethics 21, 329-343.
56. Mullin, R. P.: 2002, 'What Can be Learned from DuPont and the Freon Ban: A Case Study', Journal of Business Ethics 40, 207-218.
57. Nelson, R. R. and S. G. Winter: 1982, An Evolutionary Theory of Economic Change (Harvard University Press, Cambridge MA)..
58. Nohria, N. and R. Gulati: 1996, 'Is Slack Good or Bad for Innovation?', Academy of Management Journal 39(5), 1245-1264.
59. Penrose, E.: 1959, 1995, The Theory of the Growth of the Firm (Oxford University Press, Oxford).
60. Peteraf, M. A.: 1993, 'The Cornerstones of Competitive Advantage: Combining Institutional and ResourceBased Views', Strategic Management Journal 14(2), 179-191.
61. Peterson, D. K.: 2004, 'Recruitment Strategies for Encouraging Participation in Corporate Volunteer Programs', Journal of Business Ethics 49, 371-386.
62. Petrick, J. A. and J. F. Quinn: 2000, 'The Integrity Capacity Construct and Moral Progress in Business', Journal of Business Ethics 23, 3-18.
63. Petrick, J. A. and J. F. Quinn: 2001, 'The Challenge of Leadership Accountability for Integrity Capacity as a Strategic Asset', Journal of Business Ethics 34, 331-343.
64. Porter, M. E.: 1980, Competitive Strategy Techniques for Analysing Industries and Competitors (The Free Press, New York).
65. Porter, M. E. and C. van der Linde: 1995, 'Green and Competitive Ending the Stalemate', Harvard Business Review (Sept-Oct) 120-134.
66. Pruzan, P.: 2001, 'The Question of Organisational Consciousness: Can Organisations Have Values, Virtues and Visions?', Journal of Business Ethics 29, 271-284.
67. Roome, N.: 1992, 'Developing Environmental Management Strategies', Business Strategy and the Environment 1(1), 11-24.
68. Rostami, M. and F. E. Bowen: 2006, Firm Long-Term Performance and Managerial Acquisition Choice: Related Versus Unrelated Acquisitions. Paper Presented at the Southern Management Association Annual Meeting Clearwater Beach, Florida.
69. Rugman Verbeke, A. M. A.: 2002, 'Edith Penrose's Contribution to the Resource-Based View of Strategic Management', Strategic Management Journal 19, 769-780.
70. Rumelt, R. P.: 1984, 'Towards a Strategy Theory of the Firm', in R. B. Lamb (eds.), Competitive Strategic Management (Prentice-Hall, Englewood Cliffs, NJ), pp. 556-570.
71. Rumelt, R. P.: 1995, 'Inertia and Transformation', in C. A. Montgomery, (ed.), Resource-Based and Evolutionary 'Theories of the Firm: Towards a Synthesis (Kluwer Academic Publishers, Boston), pp. 101-132.
72. Russo, M. V. and P. A. Fouts: 1997, 'A Resource-based Perspective on Corporate Environmental Performance and Profitability', Academy of Management Journal 40(3), 534-559.
73. Sama, L. M..: 2002, 'Do Strategic Slack and Governance Mechanisms Set the Limits of Social Responsiveness? Paper presented at the Academy of Management Conference, Denver, CO.
74. Seifert, B., S. A. Morris and B. R. Bartkus: 2003, 'Comparing Big Givers and Small Givers: Financial Correlates of Corporate Philanthropy', Journal of Business Ethics 45, 195-211.
75. Sharma, S.: 2000, 'Managerial Cognitions and Organisational Context as Predictors of Firm Choice of Environmental Strategies', Academy of Management Journal 43, 681-697.
76. Sharma, S. and H. Vredenburg: 1998, 'Proactive Corporate Environmental Strategy and the Development of Competitively Valuable Organisational Capabilities', Strategic Management Journal 19, 729-753.
77. Simon, H. A.: 1947, Administrative Behaviour (Free Press, New York).
78. Simon, H. A.: 1952, 'A Behavioural Model of Rational Choice', Quarterly Journal of Economics 69, 99-118.
79. Simon, H. A.: 1982, Modeh of Bounded Rationality: Behavioural Economics and Business Organization (MIT Press, Cambridge MA).
80. St Clair, L. and M. Tschirhart: 2002, The Influence of Slack in Human Resources on Community Service hrough, the Workplace. Paper presented at the Academy of Management Conference, Denver, CO.
81. Teece, D. J.: 1982, 'Towards and Economic Theory of the Multi-Product Finn', Journal of Economic Behavior and Organization 3, 39-63.
82. Thompson, J.D.: 1967, Organisations in Action (McGraw Hill, New York).
83. Verbeke, A., F. E. Bowen and M. Sellers: 2006, Corporate Environmental Strategy: An Integrative Resource-based Framework, in K. M. Weaver (ed.), Best Paper Proceedings of the Sixty-sixth Annual Meeting of the Academy of Management, pp. N1-N6.
84. Werbel, J. D. and S. M. Carter: 2002, 'The CEOs Influence on Corporate Foundation Giving', Journal of Business Ethics 40, 47-60.
85. Wernerfelt, B.: 1984, 'A Resource-Based View of the Firm', Strategic Management Journal 5(2), 171-180.
86. Wernerfelt, B.: 1995, 'Resource-based Strategy in a Stochastic Model', in C. A. Montgomery (eds.), Resource-based and Evolutionary Theories of the Firm: Towards a Synthesis (Kluwer Academic Publishers, Boston), pp. 133-146.
87. Wulfson, M.: 2001, 'The Ethics of Corporate Social Responsibility and Philanthropic Ventures', Journal of Business Ethics 29, 135-145.