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Cited by 486

The DOI matches its Crossref record; 26 of the 26 references it cites were found in a registry or an index.

Strategic CSR: A Concept Building Meta‐Analysis

Open access
Vishwanathan, Pushpika, van Oosterhout, Hans (J.), Heugens, Pursey P. M. A. R., Duran, Patricio, van Essen, Marc·2020·Journal of Management Studies
DOI 10.1111/joms.12514
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Abstract

This study develops the concept of Strategic Corporate Social Responsibility (Strategic CSR) by meta‐analyzing the available empirical evidence on the relationship between CSR and corporate financial performance (CFP). Using meta‐analytic structural equation modeling on effect size data from 344 primary studies, our study documents four empirical mechanisms explaining how CSR positively affects CFP: by 1) enhancing firm reputation, 2) increasing stakeholder reciprocation, 3) mitigating firm risk, and 4) strengthening innovation capacity. We propose these four mechanisms to identify four causally relevant attributes that allow us to conceptually distinguish Strategic CSR from CSR more generally. Our findings indicate that the four mechanisms combined explain 20 per cent of the CSR‐CFP relationship, suggesting that considerable room remains for future empirical research. The development of an empirically informed, causal conceptualization of Strategic CSR responds to a long‐heard call for better‐specified concepts in empirical CSR research.

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Metadata

Authors
Vishwanathan, P., van Oosterhout, H. (. )., Heugens, P. P. M. A. R., Duran, P., & van Essen, M.
Venue
Journal of Management Studies
Publisher
Wiley
Published
2019-07
Volume
57
Issue
2
Pages
314-350
ISSN
  • 0022-2380 (ISSN-L)
  • 1467-6486
DOI
10.1111/joms.12514
OpenAlex
W2946401145
Cited by
486
References
26
FWCI
71.09
Type
journal article
Language
en
Open access
hybrid

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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