The DOI matches its Crossref record; 117 of the 117 references it cites were found in a registry or an index.
Creating and Capturing Value: Strategic Corporate Social Responsibility, Resource-Based Theory, and Sustainable Competitive Advantage
Abstract
The authors analyze the creation and capture of private and social value by firms that adopt corporate social responsibility (CSR) strategies. Strategic CSR is defined as any “responsible” activity that allows a firm to achieve a sustainable competitive advantage, regardless of motive. To provide a roadmap for managers to accomplish this objective, the authors integrate the resource-based theory (RBT) framework with concepts and tools from economics, such as hedonic pricing, contingent valuation, and the new literature on the economics of industrial organization, where CSR is referred to as “the private provision of public goods.” By linking CSR, RBT, economic models of private provision of public goods, and pricing models, the authors demonstrate how RBT can provide a structure for determining the strategic value of CSR. They then discuss the conditions under which CSR can contribute to sustainable competitive advantage.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
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Firm resources and sustained competitive advantage
Barney, J. B. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17018-4 · Cited by 38,152
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Hedonic prices and implicit markets: product differentiation in pure competition
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Powell, W. W., Koput, K. W., & Smith-Doerr, L. (1996) · Administrative Science Quarterly · doi:10.2307/2393988 · Cited by 8,499
Strategic assets and organizational rent
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Business models, business strategy and innovation
Teece, D. J. (2010) · Long Range Planning · doi:10.1016/j.lrp.2009.07.003 · Cited by 8,335
Corporate Social and Financial Performance: A Meta-Analysis
Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003) · Organization Studies · doi:10.1177/0170840603024003910 · Cited by 7,641
Corporate Social Responsibility: a Theory of the Firm Perspective
McWilliams, A., & Siegel, D. (2001) · The Academy of Management Review · doi:10.5465/amr.2001.4011987 · Cited by 7,567
Self-citationCore capabilities and core rigidities: A paradox in managing new product development
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An inconvenient truth: How organizations translate climate change into business as usual
Wright, C., & Nyberg, D. (2017) · Academy of Management Journal · doi:10.5465/amj.2015.0718 · Cited by 722
Configuring management control systems: Theorizing the integration of strategy and sustainability
Gond, J.-P., Grubnic, S., Herzig, C., & Moon, J. (2012) · Management Accounting Research · doi:10.1016/j.mar.2012.06.003 · Cited by 630
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Crowdfunding social ventures: a model and research agenda
Lehner, O. M. (2013) · Venture Capital · doi:10.1080/13691066.2013.782624 · Cited by 426
Beyond Good Intentions: Designing CSR Initiatives for Greater Social Impact
Barnett, M. L., Henriques, I., & Husted, B. W. (2020) · Journal of Management · doi:10.1177/0149206319900539 · Cited by 358
Metadata
- Authors
- McWilliams, A., & Siegel, D. S.
- Venue
- Journal of Management
- Publisher
- SAGE Publications
- Published
- 2010-10-13
- Volume
- 37
- Issue
- 5
- Pages
- 1480-1495
- ISSN
- 0149-2063 (ISSN-L)
- 1557-1211
- OpenAlex
- W2124708286
- Cited by
- 939
- References
- 117
- FWCI
- 60.87
- Type
- journal article
- Language
- en
- Open access
- closed
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- McWilliams, A., & Siegel, D. S. (2011). Creating and Capturing Value: Strategic Corporate Social Responsibility, Resource-Based Theory, and Sustainable Competitive Advantage. Journal of Management. https://doi.org/10.1177/0149206310385696
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.