Corporate social responsibility: A theory of the firm perspective

Abagail Mc Williams; Donald Siegel

doi:10.4324/9781315261102-8

Corporate social responsibility: A theory of the firm perspective

Abagail Mc Williams, Donald Siegel

Research output: Chapter in Book/Report/Conference proceeding › Chapter

6 Scopus citations

Abstract

We outline a supply and demand model of corporate social responsibility (CSR). Based on this framework, we hypothesize that a firm's level of CSR will depend on its size, level of diversification, research and development, advertising, government sales, consumer income, labor market conditions, and stage in the industry life cycle. From these hypotheses, we conclude that there is an "ideal" level of CSR, which managers can determine via cost-benefit analysis, and that there is a neutral relationship between CSR and financial performance.

Original language	English (US)
Title of host publication	Business Ethics and Strategy, Volumes I and II
Publisher	Taylor and Francis
Pages	137-147
Number of pages	11
ISBN (Electronic)	9781351954051
ISBN (Print)	9780754626091
DOIs	https://doi.org/10.4324/9781315261102-8
State	Published - Jan 1 2018
Externally published	Yes

ASJC Scopus subject areas

Economics, Econometrics and Finance(all)
Business, Management and Accounting(all)

Access to Document

10.4324/9781315261102-8

Cite this

@inbook{29ca7fe4c2b046db97b614283f28ae6e,

title = "Corporate social responsibility: A theory of the firm perspective",

abstract = "We outline a supply and demand model of corporate social responsibility (CSR). Based on this framework, we hypothesize that a firm's level of CSR will depend on its size, level of diversification, research and development, advertising, government sales, consumer income, labor market conditions, and stage in the industry life cycle. From these hypotheses, we conclude that there is an {"}ideal{"} level of CSR, which managers can determine via cost-benefit analysis, and that there is a neutral relationship between CSR and financial performance.",

author = "{Mc Williams}, Abagail and Donald Siegel",

year = "2018",

month = jan,

day = "1",

doi = "10.4324/9781315261102-8",

language = "English (US)",

isbn = "9780754626091",

pages = "137--147",

booktitle = "Business Ethics and Strategy, Volumes I and II",

publisher = "Taylor and Francis",

}

TY - CHAP

T1 - Corporate social responsibility

T2 - A theory of the firm perspective

AU - Mc Williams, Abagail

AU - Siegel, Donald

PY - 2018/1/1

Y1 - 2018/1/1

N2 - We outline a supply and demand model of corporate social responsibility (CSR). Based on this framework, we hypothesize that a firm's level of CSR will depend on its size, level of diversification, research and development, advertising, government sales, consumer income, labor market conditions, and stage in the industry life cycle. From these hypotheses, we conclude that there is an "ideal" level of CSR, which managers can determine via cost-benefit analysis, and that there is a neutral relationship between CSR and financial performance.

AB - We outline a supply and demand model of corporate social responsibility (CSR). Based on this framework, we hypothesize that a firm's level of CSR will depend on its size, level of diversification, research and development, advertising, government sales, consumer income, labor market conditions, and stage in the industry life cycle. From these hypotheses, we conclude that there is an "ideal" level of CSR, which managers can determine via cost-benefit analysis, and that there is a neutral relationship between CSR and financial performance.

UR - http://www.scopus.com/inward/record.url?scp=85076645360&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85076645360&partnerID=8YFLogxK

U2 - 10.4324/9781315261102-8

DO - 10.4324/9781315261102-8

M3 - Chapter

AN - SCOPUS:85076645360

SN - 9780754626091

SP - 137

EP - 147

BT - Business Ethics and Strategy, Volumes I and II

PB - Taylor and Francis

ER -

Corporate social responsibility: A theory of the firm perspective

Abstract

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this