PurposeThis paper seeks to explore patterns of integrating corporate responsibility issues into corporate governance mechanisms and their development over time.Design/methodology/approachData from the Business in the Community Corporate Responsibility Index is explored to reveal dominant governance patterns of corporate responsibility issues for the 51 organizations continuously participating in the index since its launch in 2002.FindingsThis research reports three major findings: First, there is increasing CEO leadership for the corporate responsibility agenda of the firm. Second, governance structures developed over time are now increasingly making use of corporate responsibility committees. In 2002 about 15 percent of the firms were using a CR committee, the number had increased by 2008 to more than 60 percent. Third, firms with a CR committee in place outperform others in the Corporate Responsibility Index.Research limitations/implicationsWhile this paper gives a good insight into which structures companies set up to deal with the corporate responsibility agenda, interviews with practitioners would help to understand why this is the case and in which direction the governance of corporate responsibility is expected to evolve.Practical implicationsTo understand how companies are governing their corporate responsibility activities is useful for managers seeking to learn from best practices.Originality/valueThis paper is the first empirical research looking at the development of governance structures for corporate responsibility beyond a single case study design.
Purpose -This paper aims to explore how stakeholders are voluntarily granted influence in corporate decision making.Design/methodology/approach -The stakeholder governance practices of 46 companies were explored in a multiple comparative case analysis, drawing on publicly available sources.Findings -The research finds that stakeholders are granted a voice regarding operational, managerial as well as strategic issues. The power granted to stakeholders varies from non-participation to co-decision making. The majority of engagements found are a combination of low power and low scope of participation, which are limited in their potential to align the views of those inside and outside the corporate boundaries.Research limitations/implications -The data used in this research relied on publicly available sources, such as company reports, articles and web sites.Practical implications -By seeing an array of different stakeholder governance mechanisms managers can reflect on their own approach to stakeholders and see how other companies use stakeholder engagement for scenario planning and innovation.Originality/value -The paper is the first to empirically analyse a broad range of companies regarding their voluntary stakeholder engagement mechanisms. This design allows the creation of a heuristic for stakeholder governance as well as for identifying clusters.
Organizational citizenship behaviors for the environment (OCBEs) are increasingly advocated as a means of complementing formal practices in improving environmental performance. Adopting a capability perspective, we propose that a firm's employee involvement capability translates into environmental performance through the manifestation of unit-level OCBEs, and that this relationship is amplified by a shared vision capability. In a cross-country and multi-industry sample of 170 firms, we find support for our hypotheses, shedding light on contextual determinants of OCBEs, and on how firms may engender a positive relationship between top-down environmental initiatives and bottom-up behaviors.
humanistic management, human dignity, business case, moral case,
Purpose-This paper aims to create empirical evidence regarding shared value strategies recently propagated by Michael Porter and Mark Kramer. Design/methodology/approach-The authors analyze a single case study of a collaboration between BASF, André Maggi Group and Fundaçã o Espaç o Eco in Brazil. The objective is to evaluate whether the applied strategy can be considered as a case of shared value creation. Findings-The case study on the collaboration between BASF, FEE and the André Maggi Group does qualify as a shared value strategy, more precisely as a case of redesigning productivity in the value chain. Research limitations/applications-This single case study creates some evidence for shared value strategies; however, more research is needed to generalize the results. Practical implications-The socio-eco-efficiency analysis offered by Fundaçã o Espaç o Eco creates a differentiation strategy for BASF in Brazil. The work enables BASF's clients to reduce negative impacts while increasing their financial, social and environmental performance. Originality/value-This paper is the first empirical verification of the shared value concept. It demonstrates that shared value strategies do enhance financial as well as socio-environmental performance and build stronger client relationships.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.