Work

Stakeholder influence capacity and the variability of financial returns to corporate social responsibility

Year: 2007

Type: article

Abstract: I argue that research on the business case for corporate social responsibility must account for the path-dependent nature of firm-stakeholder relations, and I develop the construct of stakeholder influence capacity to fill this void. This construct helps explain why the effects of corporate social responsibility on corporate financial performance vary across firms and time. I develop a set of propositions to aid future research on the contingencies that produce variable financial returns to investment in corporate social responsibility.

Source: Academy of Management Review

DOI: 10.5465/amr.2007.25275520

Author: Michael L. Barnett

Institutions: Rutgers, The State University of New Jersey, University of South Florida

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2121191282

FWCI: 123.1

Cites: 144

Cited by: 2,145

Related to: 10