The CSR bottom line: Preventing corporate social irresponsibility

Journal of Business Research

Volumn 66, Issue 10, 2013, Pages 1928-1936

  Lin Hi, Nick ^a   Müller, Karsten ^b  

^a UNIVERSITY OF MANNHEIM   (Germany)

^b UNIVERSITY OF OSNABRÜCK   (Germany)

Author keywords

Avoiding bad; Corporate social irresponsibility; Corporate social responsibility; Doing good; Positive negative asymmetry effect

Indexed keywords

EID: 84878633011     PISSN: 01482963     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbusres.2013.02.015     Document Type: Article

References (97)

1. Anderson N.H. Averaging versus adding as a stimulus-combination rule in impression formation. Journal of Experimental Psychology 1965, 70:394-400.
2. Armstrong J.S. Social irresponsibility in management. Journal of Business Research 1977, 5:185-213.
3. Basil D.Z., Runte M.S., Basil M., Usher J. Company support for employee volunteerism: Does size matter?. Journal of Business Research 2011, 64:61-66.
4. Baumeister R.F., Bratslavsky E., Finkenauer C., Vohs K.D. Bad is stronger than good. Review of General Psychology 2001, 5:323-370.
5. Besley T., Ghatak M. Retailing public goods: The economics of corporate social responsibility. Journal of Public Economics 2007, 91:1645-1663.
6. Bhattacharya C.B., Sen S. Doing better at doing good: When, why, and how consumers respond to corporate social initiatives. California Management Review 2004, 47:9-24.
7. BMU (Federal Ministry for the Environment, Nature Conservation and Nuclear Safety) GreenTech made in Germany 2.0: Environmental technology atlas for Germany (accessed August 11, 2012). http://www.bmu.de/files/english/pdf/application/pdf/greentech2009_en.pdf.
8. Brammer S., Pavelin S. Corporate reputation and an insurance motivation for corporate social investment. Journal of Corporate Citizenship 2005, 20:39-51.
9. Brown T.J., Dacin P.A. The company and the product: Corporate associations and consumer product responses. Journal of Marketing 1997, 61:68-84.
10. Campbell J.L. Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review 2007, 32:946-967.
11. Carroll A.B. The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders. Business Horizons 1991, 34:39-48.
12. Carroll A.B., Shabana K.M. The business case for corporate social responsibility: A review of concepts, research and practice. International Journal of Management Reviews 2010, 12:85-105.
13. Christensen J., Murphy R. The social irresponsibility of corporate tax avoidance: Taking CSR to the bottom line. Development 2004, 47:37-44.
14. Clark A. Daimler to settle US bribery charges. The Guardian 2010, March 25, 27.
15. Clarke T. International corporate governance. A comparative approach 2007, Routledge, Abingdon.
16. Dahlsrud A. How corporate social responsibility is defined: An analysis of 37 definitions. Corporate Social Responsibility and Environmental Management 2008, 15:1-13.
17. Davis K. The case for and against business assumption of social responsibilities. Academy of Management Journal 1973, 16:312-322.
18. deMaCarty P. Financial returns of corporate social responsibility, and the moral freedom and responsibility of business leaders. Business and Society Review 2009, 114:393-433.
19. Donaldson T., Preston L. The stakeholder theory of the corporation: Concepts, evidence, and implications. Academy of Management Review 1995, 20:65-91.
20. Drumwright M.E. Company advertising with a social dimension: The role of noneconomic criteria. Journal of Marketing 1996, 60:71-87.
21. Du S., Bhattacharya C.B., Sen S. Reaping relational rewards from corporate social responsibility: The role of competitive positioning. International Journal of Research in Marketing 2007, 24:224-241.
22. Du S., Bhattacharya C.B., Sen S. Maximizing business returns to corporate social responsibility (CSR): The role of CSR communication. International Journal of Management Reviews 2010, 12:8-19.
23. Enron Corporate responsibility annual report (accessed August 11, 2012). http://www.corporateregister.com/a10723/enr00-cr-usa.pdf.
24. European Commission Competition: Commission fines members of lifts and escalators cartels over €990 million (accessed August 11, 2012). http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/209&format=HTMLandaged=0&language=EN&guiLanguage=en.
25. Fair Trade International Challenge and opportunity. Supplement to annual review 2010-11. 2010 financials and global sales figures (accessed August 11, 2012). http://www.fairtrade.net/fileadmin/user_upload/content/2009/about_us/FLO_Annual-Financials-Sales_2010.pdf.
26. Ferry W.H. Forms of irresponsibility. The Annals of the American Academy of Political and Social Science 1962, 343:65-74.
27. Fombrun C.J., Gardberg N.A., Barnett M.L. Opportunity platforms and safety nets: Corporate citizenship and reputational risk. Business and Society 2000, 105:85-106.
28. Fox D.R. The law says corporations are persons, but psychology knows better. Behavioral Sciences & the Law 1996, 14:339-359.
29. 2. The maturing of business-and-society thought. Business and Society 1994, 33:150-164.
30. Freeman R.E. Strategic management: A stakeholder approach 1984, Pitman, Boston, MA.
31. Freeman I., Hasnaoui A. The meaning of corporate social responsibility: The vision of four nations. Journal of Business Ethics 2011, 100:419-443.
32. Frooman J. Socially irresponsible and illegal behavior and shareholder wealth. Business and Society 1997, 36:221-249.
33. Gardberg N.A., Fombrun C.J. Corporate citizenship: Creating intangible assets across institutional environments. Academy of Management Review 2006, 31:329-346.
34. Godfrey P.C. The relationship between corporate philanthropy and shareholder wealth: A risk management perspective. Academy of Management Review 2005, 30:777-798.
35. Greenwood M. Stakeholder engagement: Beyond the myth of corporate responsibility. Journal of Business Ethics 2007, 74:315-327.
36. Hart O., Holmström B. The theory of contracts. Advances in economic theory: Fifth world congress 1987, 71-155. Cambridge University Press, Cambridge. T.F. Bewley (Ed.).
37. Ireland P. Limited liability, shareholder rights and the problem of corporate irresponsibility. Cambridge Journal of Economics 2010, 34:837-856.
38. Jones B., Bowd R., Tench R. Corporate irresponsibility and corporate social responsibility: Competing realities. Social Responsibility Journal 2009, 5:300-310.
39. Jones T.M., Wicks A.C. Convergent stakeholder theory. Academy of Management Review 1999, 24:206-221.
40. Kanouse D.E., Hanson L.R. Negativity in evaluations. Attribution: Perceiving the causes of behavior 1972, 47-62. General Learning Press, Morristown, NJ. E.E. Jones, D.E. Kanouse, H.H. Kelley, R.E. Nisbett, S. Valins, B. Weiner (Eds.).
41. Karmen A.A. Auto theft and corporate irresponsibility. Contemporary Crises 1981, 5:63-81.
42. Ketola T. Five leaps to corporate sustainability through a corporate responsibility portfolio matrix. Corporate Social Responsibility and Environmental Management 2010, 17:320-336.
43. Kok P., van der Wiele T., McKenna R., Brown A. A corporate social responsibility audit within a quality management framework. Journal of Business Ethics 2001, 31:285-297.
44. Koskela M., Vehmas J. Defining eco-efficiency: A case study on the Finnish forest industry. Business Strategy and the Environment 2012, 21:546-566.
45. Kotler P., Lee N. Corporate social responsibility: Doing the most good for your company and your cause 2005, John Wiley and Sons, Hoboken, NJ.
46. Kreps D. Corporate culture and economic theory. Perspectives on positive political economy 1990, 90-143. Cambridge University Press, New York. J.E. Altand, K.A. Shepsle (Eds.).
47. Lange D., Washburn N.T. Understanding attributions of corporate social irresponsibility. Academy of Management Review 2012, 37:300-326.
48. Lee M.-D.P. A review of the theories of corporate social responsibility: Its evolutionary path and the road ahead. International Journal of Management Reviews 2008, 10:53-73.
49. Lin-Hi N. The problem with a narrow-minded interpretation of CSR: Why CSR has nothing to do with philanthropy. Ramon Llull Journal of Applied Ethics 2010, 1:79-95.
50. Lin-Hi N., Blumberg I. The relationship between corporate governance, global governance, and sustainable profits: Lessons learned from BP. Corporate Governance: The International Journal of Business in Society 2011, 11:571-584.
51. Lin-Hi N., Blumberg I. The link between self- and societal interests in theory and practice. European Management Review 2012, 9:19-30.
52. Lin-Hi N., Blumberg I. Managing the social acceptance of business: Three core competencies in business ethics. Business and Professional Ethics Journal 2012, 31:247-263.
53. Luo X., Bhattacharya C.B. The debate over doing good: Corporate social performance, strategic marketing levers, and firm-idiosyncratic risk. Journal of Marketing 2009, 73:198-213.
54. Mahon J.F. Corporate reputation: Research agenda using strategy and stakeholder literature. Business and Society 2002, 41:415-445.
55. Matten D., Moon J. "Implicit" and "explicit" CSR: A conceptual framework for a comparative understanding of corporate social responsibility. Academy of Management Review 2008, 33:404-424.
56. McLean B., Elkind P. The smartest guys in the room: The amazing rise and scandalous fall of Enron 2003, Portfolio, New York.
57. McMahon T.F. From social irresponsibility to social responsiveness: The Chrysler/Kenosha plant closing. Journal of Business Ethics 1999, 20:101-111.
58. McWilliams A., Siegel D.S. Corporate social responsibility: A theory of the firm perspective. Academy of Management Review 2001, 26:117-127.
59. McWilliams A., Siegel D.S. Creating and capturing value: Strategic corporate social responsibility, resource-based theory, and sustainable competitive advantage. Journal of Management 2011, 37:1480-1495.
60. Minor D., Morgan J. CSR as reputation insurance: Primum non nocere. California Management Review 2011, 53:40-59.
61. Mohan S. Fair trade and corporate social responsibility. Economic Affairs 2009, 29:22-28.
62. Mohr L.A., Webb D.J. The effects of corporate social responsibility and price on consumer responses. Journal of Consumer Affairs 2005, 39:121-147.
63. Moosmayer D.C. Negativity bias in consumer price response to ethical information. Business Ethics: A European Review 2012, 21:198-208.
64. Muller A., Kräussl R. Doing good deeds in times of need: A strategic perspective on corporate disaster donations. Strategic Management Journal 2011, 32:911-929.
65. Nan X., Heo K. Consumer responses to corporate social responsibility (CSR) initiatives. Examining the role of brand-cause fit in cause-related marketing. Journal of Advertising 2007, 36:63-74.
66. Oikonomou I., Brooks C., Pavelin S. The impact of corporate social performance on financial risk and utility: A longitudinal analysis. Financial Management 2012, 41:483-515.
67. Paine R.T., Ruesink J.L., Sun A., Soulanille E.L., Wonham M.J., Harley C.D.G., et al. Trouble on oiled waters: Lessons from the Exxon Valdez oil spill. Annual Review of Ecology and Systematics 1996, 27:197-235.
68. Pearce C.L., Manz C.C. Leadership centrality and corporate social ir-responsibility (CSIR): The potential ameliorating effects of self and shared leadership on CSIR. Journal of Business Ethics 2011, 102:563-579.
69. Peterson D.K. The relationship between perceptions of corporate citizenship and organizational commitment. Business and Society 2004, 43:296-319.
70. Pies I., Beckmann M., Hielscher S. Moral commitments and the societal role of business: An ordonomic approach to corporate citizenship. Business Ethics Quarterly 2009, 19:375-401.
71. Porter M.E., Kramer M.R. The competitive advantage of corporate philanthropy. Harvard Business Review 2002, 80:56-69.
72. Porter M.E., Kramer M.R. The link between competitive advantage and corporate social responsibility. Harvard Business Review 2006, 84:78-92.
73. Porter M.E., Kramer M.R. Creating shared value: How to reinvent capitalism - And unleash a wave of innovation and growth. Harvard Business Review 2011, 89:62-77.
74. Prahalad C.K., Hammond A. Serving the world's poor, profitably. Harvard Business Review 2002, 80:48-57.
75. PricewaterhouseCoopers Global economic crime survey 2005 (accessed August 11, 2012). http://www.pwc.com/en_HU/hu/publications/assets/pwc_2005_globalcrimesurvey.pdf.
76. Riskey D.R., Birnbaum M.H. Compensatory effects in moral judgment: Two rights don't make up for a wrong. Journal of Experimental Psychology 1974, 103:171-173.
77. Sarre R., Doig M., Fiedler B. Reducing the risk of corporate irresponsibility: The trend to corporate social responsibility. Accounting Forum 2001, 25:300-317.
78. Scherer A.G., Palazzo G. 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. Journal of Management Studies 2011, 48:899-931.
79. Schubert, S., & Miller, C. (2008). At Siemens, bribery was just a line item. The New York Times, (accessed August 11, 2012). http://www.nytimes.com/2008/12/21/business/worldbusiness/21siemens.html?_r=1&pagewanted=all.
80. Schwarze S. Corporate-state irresponsibility, critical publicity, and asbestos exposure in Libby, Montana. Management Communication Quarterly 2003, 16:625-632.
81. Sen S., Bhattacharya C.B. Does doing good always lead to doing better? Consumer reactions to corporate social responsibility. Journal of Marketing Research 2001, 38:225-243.
82. Simmons C.J., Becker-Olsen K.L. Achieving marketing objectives through social sponsorships. Journal of Marketing 2006, 70:154-169.
83. Smith C. The new corporate philanthropy. Harvard Business Review 1994, 72:105-116.
84. Smith A. Community relations: How an entire industry can change its image through proactive local communications. Journal of Communication Management 2003, 7:254-264.
85. Strike V.M., Gao J., Bansal P. Being good while being bad: Social responsibility and the international diversification of US firms. Journal of International Business Studies 2006, 37:850-862.
86. Taneja S.S., Taneja P.K., Gupta R.K. Researches in corporate social responsibility: A review of shifting focus, paradigms, and methodologies. Journal of Business Ethics 2011, 101:343-364.
87. Taylor S.E. Asymmetrical effects of positive and negative events: The mobilization-minimization hypothesis. Psycholological Bulletin 1991, 110:67-85.
88. Tench R., Bowd R., Jones B. Perceptions and perspectives: Corporate social responsibility and the media. Journal of Communication Management 2007, 11:348-370.
89. Turban D.B., Greening D.W. Corporate social performance and organizational attractiveness to prospective employees. Academy of Management Journal 1997, 40:658-672.
90. van Marrewijk M. CSR and corporate sustainability: Between agency and communion. Journal of Business Ethics 2003, 44:95-105.
91. Varadarajan P.R., Menon A. Cause-related marketing: A coalignment of marketing strategy and corporate philanthropy. Journal of Marketing 1988, 52:58-74.
92. Wagner T., Bicen P., Hall Z.R. The dark side of retailing: Towards a scale of corporate social irresponsibility. International Journal of Retail and Distribution Management 2008, 36:124-142.
93. Wagner T., Lutz R.J., Weitz B.A. Corporate hypocrisy: Overcoming the threat of inconsistent corporate social responsibility perceptions. Journal of Marketing 2009, 73:77-91.
94. Wearden G. Unilever and Procter and Gamble fined £280m for price fixing. The Guardian (accessed August 11, 2012). http://www.guardian.co.uk/business/2011/apr/13/unilever-procter-and-gamble-price-fixing-european-commission.
95. Westhues M., Einwiller S. Corporate foundations: Their role for corporate social responsibility. Corporate Reputation Review 2006, 9:144-153.
96. Whetten D.A., Mackey A. A social actor conception of organizational identity and its implications for the study of organizational reputation. Business and Society 2002, 41:393-414.
97. Williams G., Zinkin J. The effect of culture on consumers' willingness to punish irresponsible corporate behaviour: Applying Hofstede's typology to the punishment aspect of corporate social responsibility. Business Ethics: A European Review 2008, 17:210-226.