David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 53 (1-2):51-71 (2004)
The Corporate Social Responsibility (CSR) field presents not only a landscape of theories but also a proliferation of approaches, which are controversial, complex and unclear. This article tries to clarify the situation, mapping the territory by classifying the main CSR theories and related approaches in four groups: (1) instrumental theories, in which the corporation is seen as only an instrument for wealth creation, and its social activities are only a means to achieve economic results; (2) political theories, which concern themselves with the power of corporations in society and a responsible use of this power in the political arena; (3) integrative theories, in which the corporation is focused on the satisfaction of social demands; and (4) ethical theories, based on ethical responsibilities of corporations to society. In practice, each CSR theory presents four dimensions related to profits, political performance, social demands and ethical values. The findings suggest the necessity to develop a new theory on the business and society relationship, which should integrate these four dimensions.
|Keywords||corporate social responsibility corporate responsiveness corporate citizenship stakeholder manage ment corporate social performance issues management sustainable development the common good|
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Citations of this work BETA
Hela Sheth & Kathy M. Babiak (2010). Beyond the Game: Perceptions and Practices of Corporate Social Responsibility in the Professional Sport Industry. [REVIEW] Journal of Business Ethics 91 (3):433 - 450.
Yves Fassin (2009). The Stakeholder Model Refined. Journal of Business Ethics 84 (1):113 - 135.
Adaeze Okoye (2009). Theorising Corporate Social Responsibility as an Essentially Contested Concept: Is a Definition Necessary? [REVIEW] Journal of Business Ethics 89 (4):613 - 627.
Minna Halme & Juha Laurila (2009). Philanthropy, Integration or Innovation? Exploring the Financial and Societal Outcomes of Different Types of Corporate Responsibility. Journal of Business Ethics 84 (3):325 - 339.
Angeloantonio Russo & Francesco Perrini (2010). Investigating Stakeholder Theory and Social Capital: Csr in Large Firms and Smes. [REVIEW] Journal of Business Ethics 91 (2):207 - 221.
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