How do Companies Invest in Corporate Social Responsibility? An Ordonomic Contribution for Empirical CSR Research

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dc.contributor.authorWill, Mathias G.
dc.contributor.authorHielscher, Stefan
dc.date.accessioned2016-06-13T13:34:09Z
dc.date.available2016-06-13T13:34:09Z
dc.date.issued2014-01
dc.descriptiondoi:10.3390/admsci4030219en_US
dc.description.abstractThis paper takes both a conceptual and an empirical approach to answer the question as to how Corporate Social Responsibility (CSR) can be connected to the company‘s role as an agent of social value creation when it operates within an imperfect institutional framework of market competition. To develop a functional design for an empirical study, we draw on the concept of ordonomics, which provides a heuristics for responsible business activities in society. Drawing on ordonomics, we devise three questions: Referring to action responsibility we ask in which CSR activities companies do invest in their day-to-day business. Referring to governance responsibility we ask as to how companies realize win-win solutions through strategic commitments. In addition, with regard to discourse responsibility we ask in which stakeholder dialogues companies engage in order to discuss and find functional rules for organizing win-win solutions. In our empirical study, we reveal insights into the micro-level analysis of the CSP-CFP link and generate several new questions to be the subject of future research.en_US
dc.identifier.citationAdministrative Sciences 2014, 4(3), 219-241en_US
dc.identifier.issn2076-3387
dc.identifier.urihttp://hdl.handle.net/123456789/802
dc.language.isoenen_US
dc.publisherMDPI (Multidisciplinary Digital Publishing Institute)en_US
dc.subjectCSRen_US
dc.subjectEmpirical CSR Researchen_US
dc.subjectCSP-CFP relationshipen_US
dc.subjectOrdonomicsen_US
dc.subjectStakeholder Dialogueen_US
dc.titleHow do Companies Invest in Corporate Social Responsibility? An Ordonomic Contribution for Empirical CSR Researchen_US
dc.typeArticleen_US
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