Corporate Responsibility
Social Action, Institutions and Governance
Published on 14. January 2014
Book
Paperback/Softback
264 pages
978-1-349-55734-9 (ISBN)
Description
The decision
to engage in corporate social action (CSA), and the debates regarding its
costs, benefits and implications to corporate performance represent a demanding
issue for scholars and managers. Research is inconclusive regarding the causal
relations between CSA, corporate social performance (CSP) and corporate
financial performance (CFP), despite numerous empirical and theoretical studies
devoted to the issue.
This book
presents an in-depth study of corporate social action and the factors
influencing a decision to engage in it. Going beyond the causal relationship
between CSA and firm performance, the book stresses the link between CSA and a
firm's core managerial policies and practices, reflecting the complexity and
varied facets of CSA and the numerous internal and external factors that
influence its outcomes.
The book draws
on the experiences of various industrial sectors to reveal the importance of a
range of issues such as top management pay dispersion and ownership structure,
which may influence the firm's decision to engage in CSA.
It also explores some of the external influences on firms, such as
institutional norms, the geopolitical environment and the industrial sector. The first part of the
book provides an overview of the thematic issues of CSA and
performance. The second part presents a series of empirical studies that
examine factors and determinants of CSA. The third part presents case studies to illustrate the processes and outcomes of CSA policy and
strategy in environmentally hazardous industries.
to engage in corporate social action (CSA), and the debates regarding its
costs, benefits and implications to corporate performance represent a demanding
issue for scholars and managers. Research is inconclusive regarding the causal
relations between CSA, corporate social performance (CSP) and corporate
financial performance (CFP), despite numerous empirical and theoretical studies
devoted to the issue.
This book
presents an in-depth study of corporate social action and the factors
influencing a decision to engage in it. Going beyond the causal relationship
between CSA and firm performance, the book stresses the link between CSA and a
firm's core managerial policies and practices, reflecting the complexity and
varied facets of CSA and the numerous internal and external factors that
influence its outcomes.
The book draws
on the experiences of various industrial sectors to reveal the importance of a
range of issues such as top management pay dispersion and ownership structure,
which may influence the firm's decision to engage in CSA.
It also explores some of the external influences on firms, such as
institutional norms, the geopolitical environment and the industrial sector. The first part of the
book provides an overview of the thematic issues of CSA and
performance. The second part presents a series of empirical studies that
examine factors and determinants of CSA. The third part presents case studies to illustrate the processes and outcomes of CSA policy and
strategy in environmentally hazardous industries.
More details
Edition
2016 ed.
Language
English
Place of publication
London
United Kingdom
Product notice
Paperback (trade)
Unsewn / adhesive bound
Illustrations
Bibliography
Dimensions
Height: 216 mm
Width: 140 mm
ISBN-13
978-1-349-55734-9 (9781349557349)
DOI
10.1057/9781137450722
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Schweitzer Classification
Other editions
Additional editions
Book
11/2015
Palgrave Macmillan
€106.99
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Persons
Ronny
Manos is a Senior Lecturer in Finance at the School of Business, College of
Management Academic Studies, Cranfield University, UK. She has published
articles in refereed journals and chapters in books in the areas of corporate
finance and finance and social issues including corporate governance,
microfinance and social responsibility. She has also co-edited two books on
microfinance and a special issue on microfinance and banking services in
Emerging Economies.
Israel
Drori is Professor of Management at the School of Business, College of
Management Academic Studies, Israel, and Visiting Professor at the Faculty of
Management, Tel Aviv University. His research interests include corporate
social responsibility, genealogical evolution of industries, transnational and
high-tech entrepreneurship and organizational ethnography. He has edited ten
books and been published in journals such as: American Sociological Review, Organization Science, Organizational
Studies, Public Administration Review and Human Resource
Management among others.
Manos is a Senior Lecturer in Finance at the School of Business, College of
Management Academic Studies, Cranfield University, UK. She has published
articles in refereed journals and chapters in books in the areas of corporate
finance and finance and social issues including corporate governance,
microfinance and social responsibility. She has also co-edited two books on
microfinance and a special issue on microfinance and banking services in
Emerging Economies.
Israel
Drori is Professor of Management at the School of Business, College of
Management Academic Studies, Israel, and Visiting Professor at the Faculty of
Management, Tel Aviv University. His research interests include corporate
social responsibility, genealogical evolution of industries, transnational and
high-tech entrepreneurship and organizational ethnography. He has edited ten
books and been published in journals such as: American Sociological Review, Organization Science, Organizational
Studies, Public Administration Review and Human Resource
Management among others.
Content
List of contributors
Acknowledgement
Aspects, determinants and outcomes of Corporate Social Action; Ronny Manos, Israel Drori
PART I: REVIEW OF CSA AND CORPORATE PERFORMANCE
1. Corporate social responsibility and financial performance; Dennis J. Aigner
2. Corporate social action in developing economies; Abdullah Al Mamun, Mariano L.M. Heyden, Michael Seamer
3. Institutional perspective on the relationship between corporate social and financial performance: The case of China; Xudong Chen, Wiboon Kittilaksanawong, Pingping Weng
PART II: EMPIRICAL PAPERS OF ASPECTS, DETERMINANTS AND OUTCOMES OF CSA
4. Stock price reactions on corporate layoff announcements - a resource and systems theory-based analysis of socially accepted
layoff; Lars Schweizer, Paul T. Bilsdorfer
5. Corporate social action andnewspaper media-therole of geopoliticalrisk; Ronny Manos, Israel Drori
6. Top management team pay dispersion and corporate social action: Empirical evidence from USA banks; Won-Yong Oh, Soonchul Hyun, Seoyeon Park
7. The effects of CEO characteristics and incentives on corporate social responsibility; Zhenhua Li, Seoyeon Park, Won-Yong Oh
8. What drives firm's corporate social responsibility: The role of power concentration; Patrica Crifo, Marc-Arthur Diaye, Rim Oueghlissi, Sanja Pekovic
Part III: CASE STUDIES OF CSA OUTCOMES IN ENVIRONMENTAL HAZARDOUS INDUSTRIES
9. Corporate social action and its outcomes: The case of Goa's iron ore mining industry; C.M. Ramesh, Ranjini Swamy
10. Corporate social responsibility and stakeholders in the oil industry: A relationship analysis; Ian A. Birdsall, Parisa Ellisor
Concluding remarks; Israel Drori, Ronny Manos
Index
atrica Crifo, Marc-Arthur Diaye, Rim Oueghlissi, Sanja Pekovic.- 9) Corporate Social Action and its Outcomes: The Case of Goa's Iron Ore Mining Industry; C.M. Ramesh, Ranjini Swamy.- 10) Corporate Social Responsibility and Stakeholders in the Oil Industry: A Relationship Analysis; Ian A. Birdsall, Parisa Ellisor.- Concluding Remarks; Israel Drori, Ronny Manos.
Acknowledgement
Aspects, determinants and outcomes of Corporate Social Action; Ronny Manos, Israel Drori
PART I: REVIEW OF CSA AND CORPORATE PERFORMANCE
1. Corporate social responsibility and financial performance; Dennis J. Aigner
2. Corporate social action in developing economies; Abdullah Al Mamun, Mariano L.M. Heyden, Michael Seamer
3. Institutional perspective on the relationship between corporate social and financial performance: The case of China; Xudong Chen, Wiboon Kittilaksanawong, Pingping Weng
PART II: EMPIRICAL PAPERS OF ASPECTS, DETERMINANTS AND OUTCOMES OF CSA
4. Stock price reactions on corporate layoff announcements - a resource and systems theory-based analysis of socially accepted
layoff; Lars Schweizer, Paul T. Bilsdorfer
5. Corporate social action andnewspaper media-therole of geopoliticalrisk; Ronny Manos, Israel Drori
6. Top management team pay dispersion and corporate social action: Empirical evidence from USA banks; Won-Yong Oh, Soonchul Hyun, Seoyeon Park
7. The effects of CEO characteristics and incentives on corporate social responsibility; Zhenhua Li, Seoyeon Park, Won-Yong Oh
8. What drives firm's corporate social responsibility: The role of power concentration; Patrica Crifo, Marc-Arthur Diaye, Rim Oueghlissi, Sanja Pekovic
Part III: CASE STUDIES OF CSA OUTCOMES IN ENVIRONMENTAL HAZARDOUS INDUSTRIES
9. Corporate social action and its outcomes: The case of Goa's iron ore mining industry; C.M. Ramesh, Ranjini Swamy
10. Corporate social responsibility and stakeholders in the oil industry: A relationship analysis; Ian A. Birdsall, Parisa Ellisor
Concluding remarks; Israel Drori, Ronny Manos
Index
atrica Crifo, Marc-Arthur Diaye, Rim Oueghlissi, Sanja Pekovic.- 9) Corporate Social Action and its Outcomes: The Case of Goa's Iron Ore Mining Industry; C.M. Ramesh, Ranjini Swamy.- 10) Corporate Social Responsibility and Stakeholders in the Oil Industry: A Relationship Analysis; Ian A. Birdsall, Parisa Ellisor.- Concluding Remarks; Israel Drori, Ronny Manos.