2011
DOI: 10.1177/0007650310395544
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Conditions for Value Creation in the Marketplace Through the Management of CSR Issues: A Negative External Effects Framework

Abstract: This article contributes to research on strategic corporate social responsibility (CSR) by detailing the condition-sets governing the emergence of market-led demand for CSR. We build on external effects theory to evaluate the strategic options a company can adopt to manage its negative external effects in a way that creates social and economic value. We draw on the economic concepts of rivalry and excludability to categorize different social issues and detail the conditions needed to foster market-led transact… Show more

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Cited by 24 publications
(27 citation statements)
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References 38 publications
(36 reference statements)
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“…Although, Daudigeos and Valiorgue (:29) alert that the value creation has been debated by the CSR research community once there are grey areas that link strategic CSR to value creation.…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…Although, Daudigeos and Valiorgue (:29) alert that the value creation has been debated by the CSR research community once there are grey areas that link strategic CSR to value creation.…”
Section: Resultsmentioning
confidence: 99%
“…On the other hand, Daudigeos and Valiorgue () claim that companies to create economic value in the marketplace via CSR activities. In viewpoint of Høvring (), CSR as shared value creation is a complex issue in the eyes of the external stakeholders.…”
Section: Resultsmentioning
confidence: 99%
“…These include tangible resources, such as staff (Lounsbury, ) and the budget they were allocated (Covaleski and Dirsmith, ), and intangible resources, such as ‘influential others’ (Sparrowe and Liden, ). More specifically, access to the top management is critical for CSR managers, because the implementation of CSR requires political competencies and persuasiveness (Daudigeos and Valiorgue, ).…”
Section: Methodsmentioning
confidence: 99%
“…On the other hand, Tetrault Sirsly and Lamertz (2008) proposed that for a CSR initiative to lead to a sustainable first-mover advantage, it must be central to the firm's mission, provide firm-specific benefits and be made visible to external audiences. Generally, the value creation question is a time-honoured debate within the CSR research community that remains far from being solved (Daudigeos and Valiorgue 2011).…”
Section: Investigating the Factors Affecting Companies' Attitudes Towmentioning
confidence: 99%