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)
General Business, Management and Accounting

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10.4324/9781315261102-8

Cite this

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Corporate social responsibility: A theory of the firm perspective

Abstract

ASJC Scopus subject areas

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