A stakeholder approach to corporate social responsibility: a fresh perspective into theory and practice
A stakeholder approach to corporate social responsibility: a fresh perspective into theory and practice
Stakeholder theory has gained currency in the business and society literature in recent years in light?of its practicality from the perspective of managers and scholars. In accounting for the recent ascendancy of?stakeholder theory, this article presents an overview of?two traditional conceptualizations of corporate social?responsibility (CSR) (Carroll: 1979, ‹A Three-Dimensional Conceptual Model of Corporate Performance', The Academy of Management Review 4(4), 497–505 and Wood: 1991, ‹Corporate Social Performance Revisited', The Academy of Management Review 16(4), 691–717), highlighting their predominant inclination toward providing static taxonomic CSR descriptions. The article then makes the case for a stakeholder approach to CSR, reviewing its rationale and outlining how it has?been integrated into recent empirical studies. In light of this review, the article adopts a stakeholder framework – the Ethical Performance Scorecard (EPS) proposed by Spiller (2000, ‹Ethical Business and Investment: A Model For Business and Society', Journal of Business Ethics 27, 149–160) – to examine the CSR approach of a sample of?Lebanese and Syrian firms with an interest in CSR?and?test relevant hypotheses derived from the CSR/stakeholder literature. The findings are analyzed and implications drawn regarding the usefulness of a stakeholder approach to CSR.
corporate social responsibility (csr), stakeholder theory, lebanese and syrian context
1-19
Jamali, Dima
cddcdb14-bb36-4423-a766-0b1e1d7985ba
5 October 2007
Jamali, Dima
cddcdb14-bb36-4423-a766-0b1e1d7985ba
Jamali, Dima
(2007)
A stakeholder approach to corporate social responsibility: a fresh perspective into theory and practice.
Journal of Business Ethics, .
(doi:10.1007/s10551-007-9572-4).
Abstract
Stakeholder theory has gained currency in the business and society literature in recent years in light?of its practicality from the perspective of managers and scholars. In accounting for the recent ascendancy of?stakeholder theory, this article presents an overview of?two traditional conceptualizations of corporate social?responsibility (CSR) (Carroll: 1979, ‹A Three-Dimensional Conceptual Model of Corporate Performance', The Academy of Management Review 4(4), 497–505 and Wood: 1991, ‹Corporate Social Performance Revisited', The Academy of Management Review 16(4), 691–717), highlighting their predominant inclination toward providing static taxonomic CSR descriptions. The article then makes the case for a stakeholder approach to CSR, reviewing its rationale and outlining how it has?been integrated into recent empirical studies. In light of this review, the article adopts a stakeholder framework – the Ethical Performance Scorecard (EPS) proposed by Spiller (2000, ‹Ethical Business and Investment: A Model For Business and Society', Journal of Business Ethics 27, 149–160) – to examine the CSR approach of a sample of?Lebanese and Syrian firms with an interest in CSR?and?test relevant hypotheses derived from the CSR/stakeholder literature. The findings are analyzed and implications drawn regarding the usefulness of a stakeholder approach to CSR.
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Submitted date: January 2007
Published date: 5 October 2007
Keywords:
corporate social responsibility (csr), stakeholder theory, lebanese and syrian context
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Local EPrints ID: 47697
URI: http://eprints.soton.ac.uk/id/eprint/47697
ISSN: 0167-4544
PURE UUID: 3123ccfd-b733-40c8-a66e-ffab371f62d2
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Date deposited: 09 Aug 2007
Last modified: 15 Mar 2024 09:35
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Author:
Dima Jamali
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