Changes in the Market Society and Corporate Social Responsibility

Tanimoto, Kanji

doi:10.1057/palgrave.abm.9200087

Cited by 15 publications

(8 citation statements)

References 4 publications

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“…Although some research has considered CSP in Japan (Kolk, Walhain, & van de Wateringen, 2001;Lewin, et al, 1995;Tanimoto, 2004) and some recent surveys have included Japanese respondents (Environics, 1999), relatively little research has investigated how CSP is viewed by Japanese firms and their stakeholders. We believe that our research forwards this development by exploring the roots of CSP behavior by Japanese firms.…”

Section: Discussionmentioning

confidence: 99%

The influence of firm, industry and network on the corporate social performance of Japanese firms

O’Shaughnessy

Gedajlovic

Reinmoeller

2007

Asia Pacific J Manage

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We develop and test the thesis that corporate social performance (CSP) constitutes a socially constructed and shared strategic asset, which is not only influenced by factors specific to a firm, but also by the social performance of firms in its industry and inter-corporate network. Using variance decomposition, we analyze data from 130 large Japanese firms and find that both firm-specific and industrylevel factors account for significant variance in CSP, but network-level factors do not.Keywords Corporate social performance . Japan . Variance decomposition . Keiretsu . Networks . Industry-effects . Resource based view Over the past two decades, corporate social performance (CSP) has been the focus of significant attention from policy makers and the public at large and much theorizing and empirical investigation from the academic community. Wood (1991) defines CSP as the responsiveness a firm has towards its stakeholders. Similarly, Hillman and Keim (2001) consider CSP to combine a firm's attention to the needs of its stakeholders with its efforts to address social issues. Research has shown that firms exhibiting stronger CSP may gain advantages in attracting consumers (Brown & Asia Pacific J Manage (2007) 24:283-303

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Section: Discussionmentioning

confidence: 99%

The influence of firm, industry and network on the corporate social performance of Japanese firms

O’Shaughnessy

Gedajlovic

Reinmoeller

2007

Asia Pacific J Manage

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“…The role of enterprises in society changes when the market economy transforms and the current environment is demanding corporate social responsibility (CSR) for social and environmental sustainable development (Tanimoto, 2004). The efforts for ethical and successfully communicating CSR to stakeholders are a big challenge for companies.…”

Section: Introductionmentioning

confidence: 99%

Testing social and environmental disclosure-reputation relationship: a longitudinal two-way analysis

Polo

Hernández

2020

SAMPJ

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Purpose This paper aims to review sustainability reporting understood as any type of social and environmental disclosures (SED) in its relationship with corporate reputation within the most reputed companies in Spain according to MERCO business monitor ranking (2014-2016). Design/methodology/approach To shed light on the relationship reputation-SED, two alternative models were tested, thought the use of structural equation model (SEM) and partial least squares (PLS), with longitudinal data. Findings Both models supported the hypotheses although the model linking reputation to SED was slightly better, questioning the use of SED by reputation leader companies. Research limitations/implications The paper study the linkage, sign and causality, between reputation and SED by introducing two alternative models. SED and reputation are receiving considerable attention into the business scope, although their relationship is not agreed by previous literature. There are contradictory evidences that lead us to question the sense of this relation. Practical implications The contribution will be of interest to managers in terms of the value of this type of reporting from a strategic point of view. If reputation favours this type of disclosures, these will be issues to be taken into account to obtain a better competitive advantage through market differentiation. Social implications The results will be of interest for future studies and actions aimed at regulating the improvement of this type of reporting not only in the hands of academics and practitioners but also investors and regulators. Originality/value This study is an advance in the description of the SED-reputation relationship and contributes to this new line of research with new insights. Another contribution is the way to understand sustainability reporting. This paper analyses SED from the twofold point of view of the quantity of information and, the existing references about its quality and adding the lag effect between both variables.

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“…However, there are still many areas where the government is not able or is not willing to play their regulatory role in the wider field of CSR. There are those issues which are too big (global/ beyond the boundary) for any single government to manage effectively, and conversely those too small (local/minor) to be dealt with by the government (Bell, 1987;Tanimoto, 2004). By whom and how, then, should such issues be tackled?…”

Section: Public Policymentioning

confidence: 99%

“…There are many dimensions to the market: financial, securities, consumer, labor and procurement. Market evaluation has been changing, through the embedding of social and environmental factors as well as economic ones (Tanimoto, 2004). Increasingly, investors are screening companies by both financial and non-financial (ESG: environment, society, governance) criteria in the securities market.…”

Section: Market Maturitymentioning

confidence: 99%

Do multi-stakeholder initiatives make for better CSR?

Tanimoto

2019

Self Cite

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Purpose This paper aims to examine the significance and challenges of corporate social responsibility (CSR) initiatives organized by multi-stakeholders and to clarify the function of CSR initiatives: What is the significance of multi-stakeholder initiatives (MSIs)? What conditions are required for CSR initiatives to work satisfactorily? How do CSR standards function effectively in companies? Design/methodology/approach The significance and challenges of multi-stakeholder CSR initiatives are clarified theoretically, based on previous literature from relevant research fields. Findings MSIs are beyond the “dichotomy” of two traditional approaches to CSR, namely, voluntary vs mandatory. However MSIs do not automatically ensure good performance. We should discuss not only the legitimacy of MSIs but external monitoring and evaluation systems for responsible companies in the market, as well as organizational efforts to incorporate CSR standards into managerial processes. Social implications This paper shows that an MSI is an important platform for establishing and promoting a CSR standard, and further that market maturity and stakeholder engagement are required to make CSR work. Originality/value The study explains that ceremonial compliance with CSR standards may be inevitable even where the legitimacy of an MSI is secured, and that we should recognize that monitoring and sanction systems in the market and an organizational approach to the incorporation of CSR in management practices are required.

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Changes in the Market Society and Corporate Social Responsibility

Cited by 15 publications

References 4 publications

The influence of firm, industry and network on the corporate social performance of Japanese firms

The influence of firm, industry and network on the corporate social performance of Japanese firms

Testing social and environmental disclosure-reputation relationship: a longitudinal two-way analysis

Do multi-stakeholder initiatives make for better CSR?

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