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Scholarly interest in the areas of sustainability, stakeholder relations and corporate social responsibility (CSR) has increased considerably in recent years. In this volume, we take a step back to consider the fundamental questions that underlie and tie research across these areas together. The chapters in this volume cover a wide range of theoretical perspectives grounded in strategy, economics and sociology, employ various methodological approaches, and offer new arguments on the connections that exist between firms’ decisions relating to sustainability, CSR, and the governance of their stakeholder relations. The chapters in this volume highlight that business decisions relating to sustainability and CSR are ultimately decisions about the governance of stakeholder relations, and suggest that future work in these areas should consider more closely both the firms and their stakeholders as strategic actors driving firm decisions.
Price: $180.99
Pages: 424
Publisher: Emerald Publishing Limited
Imprint: Emerald Publishing Limited
Series: Advances in Strategic Management
Publication Date:
10 August 2018
ISBN: 9781787563162
Format: Hardcover
BISACs:
BUSINESS & ECONOMICS / Business Ethics, Business ethics & social responsibility, BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Strategic Planning, Management decision making, Management & management techniques
This volume contains 14 essays by business, management, and sociology scholars from North America, Europe, and Singapore, who examine the relationship between sustainability, stakeholder governance, and corporate social responsibility. They address ownership and its implications for sustainability, stakeholder governance, and corporate social responsibility, including the implications of differences in ownership in terms of public vs. private firms and the role of state ownership; stakeholder alignment and coalitions, including the role of government in shaping firm incentives when dealing with issues like environmental protection, venture capital's role in creating a more sustainable society, corporate social responsibility strategic implementation in multinational enterprises, the effects of large corporations on community philanthropy, and the relationship between corporate social performance and financial performance; and the evolution of concepts and industry practices, including conceptions of sustainability in the civil aviation industry, differences between different sets of environmental, social, and governance standards, the effect of market and non-market competition on firm and industry corporate social responsibility, the influence of social movements and counter-movements on entrepreneurial activity in the US wind industry, and the relationship between ethics and stakeholder theory.
Sinziana Dorobantu is an
Assistant Professor of Management and Organizations at the Stern School of
Business at New York University, USA. Her research spans the areas of non-market
strategy, stakeholder governance, and global strategy, and focuses on
understanding the financial value and evolution of stakeholder engagement strategies,
particularly in infrastructure industries.
Ruth V. Aguilera is a Professor in the
Department of International Business and Strategy at the D’Amore-McKim School
of Business at Northeastern University, USA. She is interested in research at
the intersection of strategic organization and international business, with a
focus on comparative corporate governance and corporate social responsibility.
Jiao Luo is an
Assistant Professor of Strategic Management & Entrepreneurship at the
Carlson School of Management at the University of Minnesota, USA. Jiao’s
research interests lie at the intersection of non-market strategy
and organization theory, with a focus on the drivers and social impact of
corporate social responsibility activities.
Frances J. Milliken is a Professor of Management and holds
the Arthur E. Imperatore Professorship in Entrepreneurial Studies at the Stern
School of Business at New York University, USA. Her primary research interests
are in how organizational contexts shape the interactions between people in an
organization and in corporate social responsibility.
Introduction:
Contemplating the Connections between Sustainability, Stakeholder Governance
and Corporate Social Responsibility; Sinziana
Dorobantu, Ruth Aguilera, Jiao Luo and Frances Milliken
PART I: OWNERSHIP AND ITS IMPLICATIONS FOR
SUSTAINABILITY, STAKEHOLDER GOVERNANCE AND CSR
Stakeholders
and Corporate Social Responsibility: An Ownership Perspective; Peter
Klein and Nicolai Foss
Public vs. Private Firms: Energy
Efficiency, Toxic Emissions and Abatement Spending; Rachelle
Sampson and Maggie Zhou
The
Interdependence of Public and Private Stakeholder Influence: A Study of
Political Patronage and Corporate Philanthropy in China; Nan
Jia, Jing Shi and Yongxiang Wang
State-owned Multinationals and Drivers of
Sustainability Practices: An Exploratory Study of National Oil Companies; Andrew Inkpen and
Kannan Ramaswamy
PART II: STAKEHOLDER ALIGNMENT AND
COALITIONS
Governing
the Void between Stakeholder Management and Sustainability; Michael
Barnett, Irene Henriques and Bryan Husted
Venture Capital’s Role in Creating a More
Sustainable Society: The Role of Exits in Clean Energy’s Investment Growth; Ari Ginsberg and Alfred
Marcus
CSR Strategic Implementation in MNEs: The
Role of Subsidiaries' Stakeholders; Anne
Jacqueminet and Lilach Trabelsi
Large Corporations, Social Capital and
Community Philanthropy; Matthew
Lee and Chrisopher Marquis
Re-Thinking
the CSP-CFP Linkage: Analyzing the Social Mechanisms Involved in Translating
Socially-Responsible Behavior to Financial Performance; Afshin
Mehrpouya and Imran Chowdhury
PART III: DYNAMIC EVOLUTION OF CONCEPTS
AND INDUSTRY PRACTICES
Naturalizing
Sustainability: How Industry Actors Make Sense of a Threatening Concept; Jean-Baptiste
Litrico and Mary Dean Lee
Doing
Well by Doing Good: A Comparative Analysis of ESG Standards for Responsible
Investment; Emily
Barman
The
Effect of Market and Nonmarket Competition on Firm and Industry Corporate
Social Responsibility (CSR); Olga Hawn and
Hyoung-Goo Kang
Gone
with the Wind: The Evolving Influence of Social Movements and Countermovements
on Entrepreneurial Activity in the U.S. Wind Industry; Chad
Carlos, Wesley Sine, Brandon Lee, and Heather Haveman
The
Association Between Ethics and Stakeholder Theory; Don
Lange and Jonathan Bundy