Two parallel strands of non-market strategy research have emerged that are largely in isolation. One strand examines strategic corporate social responsibility (CSR) and the other examines corporate political activity (CPA), even though there is an overlap between the social and political aspects...

Responsibility is an important issue in organizations and society. Employees, managers and owners can behave responsibly in the workplace and beyond. In addition, these individuals can be influenced by the propensity of the organization to behave responsibly. Organizations can pursue strategies...

In his highly influential essay, Milton Friedman argued that companies should never engage in “social responsibility,” defined as going beyond regulatory compliance and normal business practices to advance a “social” goal. In contrast, I argue for a more nuanced approach when considering...

We extend recent research on the relationship between corporate social responsibility (henceforth, CSR) and market reactions to accounting restatements (Bartov et al., 2020; Wans, 2020). Drawing on strategic CSR, relational contract, and psychological contract theories, we conjecture that corporate...

In this introduction to the special issue, we provide a brief review of the CSR literature with attention to some of the difficulties in globalizing the existing CSR concepts. Following this we provide a brief summary of each of the four papers that comprise the special issue, with emphasis on...

Recent theories of the strategic use of corporate social responsibility (CSR) emphasize the role of information asymmetry and how CSR is likely to be matrixed into a firm's product differentiation strategy. A key empirical implication of these theories is that firms selling experience or...

We describe some perspectives on corporate social responsibility (CSR), in order to provide a context for considering the strategic motivations and implications of CSR. Based on this framework, which is based on characterizing optimal firm decision making and underlies most existing work on CSR,...

Scholars who study multinational enterprises (MNEs) recognize the complex relationship between international business and society. However, compared to other international business topics, research on politics, corruption and corporate social responsibility (CSR) - three 'lenses' on the MNE -...

Many people no longer trust in capitalism. We draw on upper echelons theory, paradox theory, and the trust literature to consider the sources and implications of this loss of trust. Although firms face growing pressures to address social problems that often are attributed to capitalism, firms...

We review three theoretical approaches to strategic corporate social responsibility (CSR), which can be defined as voluntary CSR actions that enhance a firm's competitiveness and reputation. The end result of such activities should be an improvement in financial and economic performance. Based...