What is CSR theory?
What is CSR theory?
Corporate social responsibility as a specific theory affirms that corporations are entities with economic, legal, ethical, and philanthropic obligations. Corporations responsible for a triple bottom line seek sustainability in the economic, social, and environmental realms.
What are the 4 approaches to corporate social responsibility?
In this section we will look at the different approaches a company can take to become socially responsible. These four approaches are obstructive, defensive, accommodating, and proactive.
What is corporate social performance related to CSR?
Corporate Social Performance (CSP) is an extension of corporate social responsibility (CSR), with focus on actual results or outcomes achieved by organizations who are believed to be responsible and accountable.
What is CSR Pyramid?
Carroll’s pyramid suggests that corporate has to fulfil responsibility at four levels – Economic, Legal, Ethical and Philanthropic.
What are the elements of corporate social responsibility?
The four components of corporate social responsibility are economic, legal, ethical and discretionary.
How do you measure corporate social performance?
2. Use KPIs to Measure CSR Performance As You Go
- Employee Perspectives.
- Health and Security.
- Diversity Supportive Ratio.
- Respect Ratio.
- Satisfaction Ratio.
- GreenHouse Gas Emissions.
- Quantity of Waste.
- Efficiency in Energy Use.
What are the 4 levels in Carroll’s global CSR Pyramid?
Carroll’s four part definition of CSR was originally stated as follows: “Corporate social responsibility encompasses the economic, legal, ethical, and discretionary (philanthropic) expectations that society has of organizations at a given point in time” (Carroll 1979, 1991).
What is Carroll’s CSR pyramid used for?
Carroll’s CSR Pyramid is a simple framework that helps argue how and why organisations should meet their social responsibilities.
What is Corporate Social Performance (CSP)?
Corporate social performance (CSP) refers to the principles, practices, and outcomes of businesses’ relationships with people, organizations, institutions, communities, societies, and the earth, in terms of the deliberate actions of businesses toward these stakeholders as well as the unintended externalities of business activity.
What happened to CSP in the 1980s?
The 1980s and 1990s saw a consolidation of theoretical positions (both descriptive and normative) on CSP, as well as a more definitive exposition of its relationships with corporate financial performance.
What is a bibliography on corporate social performance?
Of necessity, any bibliography on corporate social performance will be integrated with works on related subjects, including corporate social responsibility and responsiveness, stakeholder theory, business ethics, corporate political action, issues management, and sustainability.
What is CSP in the 21st century?
In the 21st century, recent theory and research has shown that the concept of CSP is dynamic, multidimensional, and still worthy of scholarly and practitioner attention. The intellectual roots of CSP are quite deep, spanning history, philosophy, legal studies, economics, social science, and more.
