Theoretical Developments in Corporate Social Responsibility

Green, Miriam

doi:10.1007/978-3-030-42465-7_78

The Palgrave Handbook of Corporate Social Responsibility 2021

DOI: 10.1007/978-3-030-42465-7_78

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Theoretical Developments in Corporate Social Responsibility

Miriam Green

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Cited by 2 publications

References 33 publications

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Management of social responsibility strategies of multinational corporations in russia during the war against Ukraine

Kharchenko,

Sokhan,

Shalimov

et al. 2024

Problems and Perspectives in Management

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This study examined how multinational corporations adapted their corporate social responsibility strategies while operating in russia during the ongoing war against Ukraine. Specifically, the analysis investigated the impact of different corporate social responsibility approaches on financial performance, stakeholder trust, and corporate reputation for multinational corporations operating in russia during the war. A game-theoretic model evaluated three distinct strategies: minimal corporate social responsibility engagement (Strategy 1), increased corporate social responsibility involvement (Strategy 2), and a complete exit from the russian market (Strategy 3). The quantitative analysis showed that companies choosing the exit strategy (Strategy 3) gained the highest payoffs for financial performance, stakeholder trust, and reputation. In contrast, minimal corporate social responsibility engagement (Strategy 1) resulted in negative outcomes, including reputational damage and potential exposure to sanctions. On the other hand, increased corporate social responsibility involvement (Strategy 2) produced neutral outcomes, offering short-term benefits but still leaving companies vulnerable to ongoing risks. The sensitivity analysis confirmed the stability of these outcomes. The study concludes that exiting the russian market not only aligns with ethical standards but also ensures long-term sustainability, offering critical insights for corporations navigating corporate social responsibility challenges in war zones. AcknowledgmentsWe sincerely express our gratitude to Prof. Dr. Dr. h.c. Marko Sarstedt, the LMU Fellowship Grant (LMU Ukraine support-fund) for the support of Ukrainian scientists.

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Management of social responsibility strategies of multinational corporations in russia during the war against Ukraine

Kharchenko,

Sokhan,

Shalimov

et al. 2024

Problems and Perspectives in Management

View full text Add to dashboard Cite

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CSR in Management Sciences: Is It “a Road to Nowhere”?

Janowski

2021

Economies

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Over the years, the idea of corporate social responsibility has attracted the interest both of practitioners and researchers. While a discourse has occurred in the context of the meaning of Corporate Social Responsibility (CSR), there is no extensive analysis of the latest contributions. To address this gap, three objectives have been formulated for the purpose of this paper: to analyse development trends in CSR definitions, to assess the applicability of scientific efforts in the above-mentioned area and to demonstrate future research opportunities and threats based on the state-of-the-art in CSR. An organized literature review and bibliometric methods have been proposed based on 55 articles published in the “Corporate Social Responsibility and Environmental Management Journal”, the top ranked periodical with the highest Impact Factor, from its beginnings to January 2021. This research provides a clear overview of the recent CSR trends that are present in the literature, by pinpointing those works that refer to significant characteristics and indicate future trajectories of CSR in a managerial practical context, particularly important for the effectiveness of future CSR-oriented organizational activities. This paper summarises the existing CSR-related knowledge and constitutes the first attempt to investigate the process of the creation and development of the corporate social responsibility concept from its origins to its contemporary multidimensionality.

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Theoretical Developments in Corporate Social Responsibility

Cited by 2 publications

References 33 publications

Management of social responsibility strategies of multinational corporations in russia during the war against Ukraine

Management of social responsibility strategies of multinational corporations in russia during the war against Ukraine

CSR in Management Sciences: Is It “a Road to Nowhere”?

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