Corporate Sustainability: Toward a Theoretical Integration of Catholic Social Teaching and the Natural-Resource-Based View of the Firm

Corporate social responsibility (CSR) is not only increasingly valued by companies but also plays an extremely important role in the development of their strategies. This study systematically reviews literature that seeks to ascertain just which CSR strategies feature in the literature and their means of implementation by companies.We made recourse to the ISI Web of Science database for the search and collected 119 articles spanning a 25-year period. The results enable the identification and categorization of CSR strategies into four key categories: (a) dimensions, (b) benefits, (c) value creation and stakeholders, and (d) motivations. We also identify that major companies around the world are ensured the implementation of their CSR strategies throughout their organizational structures with specialized resources. This systematic review provides a path for future research.KEYWORDS corporate social responsibility (CSR), strategy, sustainability, systematic literature review (SLR)

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“…(2017), Gabler et al (2017), Haffar and Searcy (2017), Odriozola and Baraibar‐Diez (2017), Rousseau (2017), Testa et al (2018).…”

Section: Resultsmentioning

confidence: 99%

“…These initiatives serve to confirm the concerns and the commitments of companies towards following socially responsible policies. As Rousseau () warns, company and organizational leaders simply cannot continue to shirk responsibility for the environmental damage resulting from their own actions and decisions.…”

Section: Resultsmentioning

confidence: 99%

Corporate social responsibility strategies: Past research and future challenges

Nave

Ferreira

2019

Corp Soc Responsibility Env

129

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“…Fry and Cohen's (2009) work on spiritual leadership, Sauser's (2005) appeal concerning how business people should view work as well as Rousseau's (2017) call for the development of executives' moral competences. Rousseau (2017) highlights the importance of CST principles such as moral sensitivity, awareness and motivation for developing executives' moral competences. He argues that these moral competencies lead to a more realistic and coherent perspective on achieving corporate sustainability.…”

Section: Micro-normativementioning

confidence: 99%

Religion and CSR: a systematic literature review

Aaken

Buchner

2020

J Bus Econ

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Around the turn of the millennium, a growing body of literature emerged that focuses on the relationship between religion and corporate social responsibility (CSR). Although the connection between religion and CSR seems obvious at first, the literature in this field yields conflicting results. This paper provides the first systematic review of the literature that deals with the relation between religion and CSR. We categorized the literature into a matrix, which distinguishes the level of analysis (micro/macro) on the one hand and types of approaches (normative/empirical) on the other. Results are clustered according to the religions they address to identify similarities between and locate trends in research.

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“…Focusing on the environmental challenges facing business enterprise, the December 2016 Journal of Corporate Citizenship (Williams et al 2016) is devoted to engaging Laudato si’ as a framework for considering the role of the United Nations Global Compact as an international and institutional mechanism for advancing sustainable development. Anticipating Singer (2019), referenced earlier, Rousseau (2017) takes that objective further, integrating CST principles into a theory of the firm.…”

Section: Criticism and Commentary On Lsmentioning

confidence: 99%

Laudato si’ – A Macromarketing Manifesto for a Just and Sustainable Environment

Klein

Laczniak

2020

Journal of Macromarketing

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This paper posits that Pope Francis’ 2015 encyclical on environmental climate change, Laudato si’ (“Praise be to you, my Lord”), or LS for short, provides a compelling and multi-faceted framework for co-creating a just and sustainable environment. LS includes considerable commentary about how markets and marketing impact the physical and social environment. Additionally, the document provides religion-inspired ethical norms for market conditions, actions, and performance that reflect both (a) the social teachings of the Catholic Church as they have evolved over the past 125 years and, as we will explain, (b) a foundational predicate of macromarketing scholarship – that is, a recognition of market systems as the primary mechanism for effectively and efficiently provisioning goods and services in contemporary society. The intent of this paper is also to harmonize two perspectives of business purpose regarding ecological issues (i.e., ethical efficacy vs. economic efficiency), commonly seen as conflicting and mutually exclusive. Absent that harmonization, those perspectives appear to force a choice between “social values and norms” and “economic incentives and circumstances” – a dichotomy that is neither optimal nor practical. Rather, we recognize that key themes in Laudato si’(LS) - environmental stewardship, concern for social justice, and a “common good” orientation that supersedes economic advantage - also correspond to issues addressed by macromarketing scholars since that sub-discipline emerged. LS is foremost a powerful “Call to Action” for those who care about protecting the ecological environment. However, LS is intentionally vague about specific solutions. It defers to analysts, academics, and policy experts to provide those. This paper outlines how macromarketing researchers are powerfully positioned to suggest the specific market and policy adjustments called for in LS.

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Corporate Sustainability: Toward a Theoretical Integration of Catholic Social Teaching and the Natural-Resource-Based View of the Firm

Cited by 36 publications

References 63 publications

Corporate social responsibility strategies: Past research and future challenges

Corporate social responsibility strategies: Past research and future challenges

Religion and CSR: a systematic literature review

Laudato si’ – A Macromarketing Manifesto for a Just and Sustainable Environment

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