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Summary CSR Literature

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Corporate Social Responsibilities Literature

Block I. Introduction.
Bakker, F.G.A. de, Groenewegen, P., & Den Hond, F. (2005). A Bibliometric Analysis of 30
Years of Research and Theory on Corporate Social Responsibility and Corporate Social
Performance. Business Society 44(3), 283-317.

CSR; actions that appear to further some social good, beyond the interest of the firm that which is
required by law.
To some, CSR is viewed as pertaining to principles, corporate social responsiveness to the action
taken by firms in this respect. Whereas Corporate Social performance, is an overarching concept that
includes responsibilities, responsiveness, and policies and action in this domain.

Three views;
1. Progressive view; developed from conceptual vagueness, through clarification of central
constructs and their relationships, to the testing of theory.
2. The variegational view; argues that the realization of progress in the literature on the social
responsibilities of business is obscured, or possibly even hampered, by the continuing
introduction of new constructs.
3. Normativist view; hardly any progress has been made, or in fact can be made, because of he
inherently normative character of the literature.

CSR:
- the social responsibility of business encompasses the economic, legal, ethical, and discretionary
expectations that society has of organizations at a given point in time.
- Societal expectations of corporate behavior; a behavior that is alleged by a stakeholder to be
expected by society or morally required and is therefore justifiably demanded of a business.

Literature can be characterized in three distinct periods;
1. Development and definition of the CSP construct.
2. Operationalization of the CSP definition
3. Explanation of the disappointing results of the CSP-FP relationship and solutions to direct
future study.

Garriga, E., & Melé, D. (2004). Corporate Social Responsibility Theories: Mapping the
Territory. Journal of Business Ethics, 53(1-2), 51-71.

As a starting point for a proper classification, we assume as hypothesis that the most relevant CSR
theories and related approaches are focused on one of the following aspects of social reality;
Economics, politics, social integration and ethics.

Instrumental theories.
The corporation is an instrument for wealth creation and that his is its sole social responsibility. Only
the economic aspect of the interactions between business and society is considered.
In this group of theories CSR is seen only as a strategic tool to achieve economic objectives and
ultimately, wealth creation. Three main groups of instrumental theories can be identified, depending
on the economic objective proposed.
 Maximizing the shareholder value; any investment in social demands that would produce an
increase of the shareholder value should be made, acting without deception and fraud.
 Strategies for achieving competitive advantage; focused on how to allocate resources in
order to achieve long-term social objectives and create a competitive advantage.
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