When Does a Corporate Social Responsibility Initiative Provide a First-Mover Advantage?

Sirsly, Carol‐Ann Tetrault; Lamertz, Kai

doi:10.1177/0007650307299221

Cited by 88 publications

(51 citation statements)

References 90 publications

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“…The former is related to the development of new resource and capabilities such as know-how and culture while the latter is related to the stakeholder relations and company reputation enhancement. On another note, Sirsly & Lamertz (2007) stated that when CSR have a significant role in the company's mission, it becomes visible in the external parts and generates specific benefits and a set of internal resources, and ensures an external defense allowing the company's distinction from its counterparts. Hence, the company's behavioral commitment to developing CSR strategies is considered a specific strategic edge.…”

Section: Intellectual Capital (Ic) and Corporate Social Responsibilitmentioning

confidence: 99%

The Mediating Effect of Financial Performance on the Relationship between Shariah Supervisory Board Effectiveness, Intellectual Capital and Corporate Social Responsibility, of Islamic Banks in Gulf Cooperation Council Countries

Musibah¹,

Alfattani²

2014

ASS

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The objective of this study was to determine the influence of Shariah Supervisory Board Effectiveness (SSBE) and Intellectual Capital (IC) on Corporate Social Responsibility (CSR) among 36 Islamic banks in Gulf Cooperation Council Countries (GCC) over the period of 2007-2011. Additionally, this study was aimed to identify the significance of financial performance (ROA, ROE) as mediator in the relationship between Shariah Supervisory Board Effectiveness (SSBE), Intellectual Capital (IC) and Corporate Social Responsibility (CSR). For the purpose of data analysis and hypotheses testing, several statistical methods such as multiple regression analysis were utilized to understand the variables. The results of this study reported that SSBE, Capital Employee Efficiency (CEE) and Structure Capital Efficiency (SCE) of Islamic banks positively influenced CSR. However, Human Capital Efficiency (HCE) did not influence CSR. The results of hierarchical multiple regression indicate that financial performance (ROA, ROE) was found to be a significant mediating factor for the relationship between SSBE, CEE, and SCE, and CSR in Islamic banks. The relationship between SSBE, IC, financial performance (ROA, ROE) and CSR suggested that it may be beneficial to the management of Islamic banks to increase CSR as discussed. Limitations and recommendations for future research were also highlighted.

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Section: Intellectual Capital (Ic) and Corporate Social Responsibilitmentioning

confidence: 99%

The Mediating Effect of Financial Performance on the Relationship between Shariah Supervisory Board Effectiveness, Intellectual Capital and Corporate Social Responsibility, of Islamic Banks in Gulf Cooperation Council Countries

Musibah¹,

Alfattani²

2014

ASS

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“…Thus, creating value of any type (emotional, social or functional) for consumers/customers through CSR and CER practices strengthens companies' position in the market and increases their competitive advantage (Graafland, Eijffinger, and Smid 2004;Papasolomou-Doukakis, Krambia-Kapardis, and Katsioloudes 2005;Jamali 2008). 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%

Investigating the factors affecting companies’ attitudes towards CSR and CER during the fiscal crisis in Greece

Glavopoulos

Bersimis

Georgakellos

et al. 2013

Journal of Environmental Planning and Management

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This paper explores, through a relevant survey, the factors affecting companies' behaviour towards Corporate Social and Environmental Responsibility (CSR and CER) and how the fiscal crisis in Greece may change companies' perceptions towards them. All responses were appropriately analysed using multivariate statistical techniques, and showed that companies' attitude towards CSR/CER is mainly associated with the management systems applied. In addition, it is strongly related to financial results, which are influenced by the recession and the bank credit accessibility problems. Moreover, companies believe that issues such as a company's financial results, reputation/image, market-share/sales etc. are considered as significant incentives to implement CSR/CER actions.

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“…Other authors have investigated the impact of institutional factors on the adoption of socially responsible supply chain practices (Park-Poaps and Rees, 2010), Recent studies suggest that responsible supply chain management should be related with the firm"s strategy as it leads to significant outcomes, including; improved relationships with stakeholders as well as reputational benefits (Yawar and Seuring, 2015;Monczka, Handfield, Giunipero and Patterson, 2015;Hoejmose et al, 2013;Carter and Rogers, 2008;Seuring and Müller, 2008;Sirsly and Lamertz, 2008;McElhaney, 2009;McManus, 2008),…”

Section: The Procurement Of Materials and Products From The Global Sumentioning

confidence: 99%

The rationale for responsible supply chain management and stakeholder engagement

Camilleri

2017

JGR

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PurposeFirms are increasingly resorting to responsible supply chain management as they align their economic success with socially-responsible initiatives in their value chain. This contribution suggests that there are opportunities for global corporations who are keen on integrating responsible practices into their business operations. It is in their interest to report about their responsible supply chain management, social performance and sustainable innovations to their stakeholders. Design/methodology/approachThis review paper identifies future research avenues in the promising areas of responsible procurement and global supply chain management. FindingsThe corporations" differentiated strategies as well as their proactive engagement in responsible supply chain management can lead them to achieve a competitive advantage in the long term. the low-cost producers may be neglecting the marketplace stakeholders, including suppliers, distributors among others. Moreover, the smaller businesses" could not be in a position to follow responsible procurement practices as they may lack the scarce resources to do so. Originality/valueThis paper raises awareness about the integration of socially responsible behaviours and sustainable practices in business operations. It contends that a responsible supply chain management necessitates an improved relationship with suppliers and distributors in the value chain. This stakeholder engagement with ultimately create value to the businesses themselves.

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When Does a Corporate Social Responsibility Initiative Provide a First-Mover Advantage?

Cited by 88 publications

References 90 publications

The Mediating Effect of Financial Performance on the Relationship between Shariah Supervisory Board Effectiveness, Intellectual Capital and Corporate Social Responsibility, of Islamic Banks in Gulf Cooperation Council Countries

The Mediating Effect of Financial Performance on the Relationship between Shariah Supervisory Board Effectiveness, Intellectual Capital and Corporate Social Responsibility, of Islamic Banks in Gulf Cooperation Council Countries

Investigating the factors affecting companies’ attitudes towards CSR and CER during the fiscal crisis in Greece

The rationale for responsible supply chain management and stakeholder engagement

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