Why corporate social responsibility should be popularised but not imposed

Corporate Governance

Volumn 8, Issue 3, 2008, Pages 330-341

  Robins, Fred ^a  

^a UNIVERSITY OF ADELAIDE   (Australia)

Author keywords

Business ethics; Corporate image; Corporate social responsibility

Indexed keywords

EID: 45749132173     PISSN: 14720701     EISSN: None     Source Type: Journal    
DOI: 10.1108/14720700810879204     Document Type: Article

References (44)

1. Alexander, G.J. and Buchholz, R.A. (1978), "Corporate social responsibility and stock market performance", Academy of Management Journal, Vol. 21 No. 3, pp. 479-86.
2. Armstrong, M. (2004), "Top 100 firms give less than 1 per cent of profits to charity", The Guardian Online, 8 November, available at: www.guardian.co.uk (accessed 20 December 2004).
3. Brittan, S. (1995), Capitalism with a Human Face, Edward Elgar, Aldershot.
4. Burke, L. and Logsdon, J.M. (1996), "How corporate social responsibility pays off", Long Range Planning, Vol. 29 No. 4, pp. 495-502.
5. Business and Economic Development (BED) (2003), The Impact of Corporate Responsibility Standards and Practices, A Report by AccountAbility and Business for Social Responsibility with Brody Weiser Burns, June, AccountAbility, Business for Social Responsibility and Brody Weiser Burns, Branford, CT, available at: www.economicfootprint.org (accessed 21 June 2004).
6. Carroll, A.B. (1999), "Corporate social responsibility: evolution of a definitional construct", Business and Society Review, Vol. 38 No. 3, pp. 268-95.
7. Christian Aid (CA) (2004), "Behind the mask. The real face of corporate social responsibility", 21 January, available at: www.christianaid.org.uk/indepth/0401csr/index.htm (accessed 17 December 2004).
8. Crook, C. (2005), "The good company", The Economist, 20 January.
9. Davis, J.H., Schoorman, F.D. and Donaldson, L. (1997), "Toward a stewardship theory of management", Academy of Management Review, Vol. 22 No. 1, pp. 20-47.
10. Donaldson, L. (1990), "The ethereal hand: organizational economics and management", Academy of Management Review, Vol. 15 No. 3, pp. 369-81.
11. Donaldson, L. (2002), "The stakeholder revolution and the Clarkson principles", Business Ethics Quarterly, Vol. 12 No. 2, pp. 107-11.
12. (The) Economist (2004), "Two-faced capitalism", 22 January, available at: www.economist.com (accessed 2 December 2004).
13. Etzioni, A. (1998), "A communitarian note on stakeholder theory", Business Ethics Quarterly, Vol. 8 No. 4, pp. 679-91.
14. Freeman, R.E. (1984), Strategic Management: A Stakeholder Approach, Pitman, Boston, MA.
15. Freeman, R.E. (1994), "The politics of stakeholder theory", Business Ethics Quarterly, Vol. 4 No. 4, pp. 409-22.
16. Freeman, R.E. and Phillips, R.A. (2002), "Stakeholder theory: a libertarian defense", Business Ethics Quarterly, Vol. 12 No. 3, pp. 331-49.
17. Freeman, R.E. and Reed, D. (1983), "Stockholders and stakeholders: a new perspective on corporate governance", in Huizinga, C. (Ed.), Corporate Governance: A Definitive Exploration of the Issues, UCLA Extension Press, Los Angeles, CA.
18. Friedman, M. (1970), "The social responsibility of business is to increase profits", The New York Times, 13 September, Magazine Section, p. 126.
19. Gioia, D.A. (1999), "Response: practicability, paradigms, and problems in stakeholder theorizing", Academy of Management Review, Vol. 24 No. 2, pp. 228-32.
20. Grayson, D. and Hodges, A. (2004), Corporate Social Opportunity: Seven Steps to Make Corporate Social Responsibility Work for Your Business, Greenleaf Publishing, Sheffield.
21. Heugens, P.M. and van Oosterhout, J. (2002), "The confines of stakeholder management: evidence from the Dutch manufacturing sector", Journal of Business Ethics, Vol. 40 No. 4, pp. 387-403.
22. Hopkins, M. (2001), "Monthly feature: economics of corporate social responsibility (CSR)", January and March, available at: www.mhcinternational.com/economics.htm (accessed 23 December 2004).
23. Hopkins, M. (2003), The Planetary Bargain: CSR Matters, 2nd ed., Earthscan, London.
24. International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) (2004), "Corporate social responsibility", available at: www.ifpma.org/Issues/issues_corp.aspx (accessed 17 December 2004).
25. Jensen, M.C. and Meckling, W.H. (1976), "Theory of the firm: managerial behavior, agency costs and ownership structure", Journal of Financial Economics, Vol. 3 No. 4, pp. 305-60.
26. Jones, T.M. (1980), "Corporate social responsibility revisited, redefined", California Management Review, Vol. 22 No. 2, pp. 59-67.
27. Kerr, M. (2006), "Fundamentals of corporate social responsibility, presentation to CSR Asia", 6 September, available at: www.naturaladvantage. ca (accessed 28 November 2006).
28. Kotler, P. and Lee, N. (2004), Corporate Social Responsibility: Doing the Most Good for Your Company, John Wiley & Sons, New York, NY.
29. Lanzona, L. (2001), "Monthly feature: comment on the economics of corporate social responsibility", March, available at: www. mhcinternational.com/economics.htm (accessed 23 December 2004).
30. Lee, D.W. and McKenzie, R.B. (1994), "Corporate failure as a means to corporate responsibility", Journal of Business Ethics, Vol. 13 No. 12, pp. 969-78.
31. Logsdon, J.M. and Wood, J.D. (2002), "Business citizenship: from domestic to global level of analysis", Business Ethics Quarterly, Vol. 12 No. 2, pp. 155-87.
32. Merritt, C. (2004), "Service keeps boards in social good books", The Australian Financial Review, Sydney, 19 November, p. 55.
33. Mitchell, R.K., Agle, B.R. and Wood, D.J. (1997), "Toward a theory of stakeholder identification and salience: defining the principle of who and what really counts", Academy of Management Review, Vol. 22 No. 4, pp. 853-86.
34. PR Week (2004), "CSR trails ethical route to the market", 1 October.
35. Shell (1998), Profits and Principles - Does There Have to Be a Choice?, Royal Dutch/Shell Group, London, available at: www.shell.com/home/Framework? (accessed 28 December 2006).
36. Stannard-Friel, J. and Backer, T. (2006), "CSR and financial performance: cause and effect? Part 2, inside corporate philanthropy", available at: www.changingourworld.com (accessed 27 December 2006).
37. SustainAbility (2004), "Radar: the government issue", 1 June, available at: www.sustainability.com/philosophy/who-we-are/default.asp.
38. Temkin, S. (2004), "King makes companies go further", Business Day, 15 March, available at: www.bday.co.za (accessed 20 December 2004).
39. Vaisanen, J. (2006), "Agents and stewards", paper presented at a Seminar in Business Strategy and International Business, Helsinki University of Technology, Helsinki, 9 March.
40. Vance, S.C. (1975), "Are socially responsible corporations good investment risks?", Management Review, Vol. 64 No. 8, pp. 19-24.
41. Waddock, S. (2004), "Parallel universes: companies, academics, and the progress of corporate citizenship", Business and Society Review, Vol. 109 No. 1, pp. 5-42.
42. Wood, R. and Bandura, A. (1989), "Social cognitive theory of organizational management", Academy of Management Review, Vol. 14 No. 3, pp. 361-84.
43. Cox, V. (2006), "The good company - vision or illusion?", speech by BP executive vice president for gas, power & renewables, and integrated supply and trading, 10 March, available at www.bp.com/genericarticle. do? (accessed 27 December 2006).
44. Donaldson, L. and Davis, J.H. (1991), "Stewardship theory or agency theory? CEO governance and shareholder returns", Australian Journal of Management, Vol. 16 No. 1, pp. 49-64.