|
Walk the talk? How symbolic and substantive CSR actions affect firm performance depending on stakeholder proximity
Edinger-Schons, Laura Marie
;
Steinmeier, Maria
|
DOI:
|
https://doi.org/10.1002/csr.1381
|
|
URL:
|
https://www.researchgate.net/publication/281196124...
|
|
Additional URL:
|
http://onlinelibrary.wiley.com/doi/10.1002/csr.138...
|
|
Document Type:
|
Article
|
|
Year of publication:
|
2016
|
|
The title of a journal, publication series:
|
Corporate Social Responsibility and Environmental Management
|
|
Volume:
|
23
|
|
Issue number:
|
6
|
|
Page range:
|
358-372
|
|
Place of publication:
|
Chichester
|
|
Publishing house:
|
Wiley-Blackwell
|
|
ISSN:
|
1535-3958 , 1535-3966
|
|
Publication language:
|
English
|
|
Institution:
|
Business School > Sustainable Business (Edinger-Schons 2015-2022)
|
|
Subject:
|
650 Management
|
|
Keywords (English):
|
Corporate Social Responsibility (CSR) , symbolic and substantive CSR actions , stakeholder proximity , neo-institutional theory, stakeholder theory , corporate citizenship , employee support , green-washing , decoupling
|
|
Abstract:
|
Drawing on neo-institutional and stakeholder theory, this study examines the link between a firm’s corporate social responsibility (CSR) actions and its financial performance. The authors investigate whether and how a firm’s symbolic (“talk”) and substantive (“walk”) CSR actions, alone or combined, affect financial performance depending on the main stakeholder group they are directed at (i.e., high-proximity internal stakeholders such as employees versus low-proximity external stakeholders such as customers or the wider society). In a comparison of two domains targeting either high- or low-proximity stakeholders, results show that substantive/symbolic CSR actions have a positive impact/no impact on financial performance if directed toward high-proximity stakeholders, and that the opposite is true of actions directed at low-proximity stakeholders. Further, results show that low-proximity stakeholders have greater difficulty distinguishing between mere talk and real walk. The study relies on an international, cross-industry dataset from Thomson Reuters’ Asset4ESG and Datastream from 2002 to 2011.
|
 | Dieser Eintrag ist Teil der Universitätsbibliographie. |
 Search Authors in
You have found an error? Please let us know about your desired correction here: E-Mail
Actions (login required)
 |
Show item |
|
|
