The Legitimacy of CSR Actions of Publicly Traded Companies Versus Family-Owned Companies

Corporate social responsibility (CSR) is one of the ways through which companies gain legitimacy. However, CSR actions themselves are subject to public skepticism because of increased public awareness of greenwashing and scandalous corporate behavior. Legitimacy of CSR actions is indeed influenced b...

全面介紹

Saved in:  
書目詳細資料
主要作者: Panwar, Rajat (Author)
其他作者: Paul, Karen ; Nybakk, Erlend ; Hansen, Eric ; Thompson, Derek
格式: 電子 Article
語言:English
Check availability: HBZ Gateway
Journals Online & Print:
載入...
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
出版: 2014
In: Journal of business ethics
Year: 2014, 卷: 125, 發布: 3, Pages: 481-496
Further subjects:B Forest products
B Social responsibility orientation
B Publicly traded companies
B Legitimacy
B Corporate social responsibility (CSR)
B Family-owned business
在線閱讀: Volltext (JSTOR)
Volltext (lizenzpflichtig)
實物特徵
總結:Corporate social responsibility (CSR) is one of the ways through which companies gain legitimacy. However, CSR actions themselves are subject to public skepticism because of increased public awareness of greenwashing and scandalous corporate behavior. Legitimacy of CSR actions is indeed influenced by the actions of the company but also is rooted in the basic cultural values of a society and in the ideologies of evaluators. This study examines the legitimacy of CSR actions of publicly traded forest products companies as compared to family-owned forest products companies. Results indicate a lower legitimacy for CSR actions of publicly traded companies than for family-owned companies. The study also examines the effect of social responsibility orientation (SRO) of evaluators on the legitimacy accorded to companies' CSR actions. We found that SRO was negatively associated with legitimacy, especially for women. Perceived profitability of companies was negatively associated with legitimacy of CSR actions for publicly traded but not for family-owned companies.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-013-1933-6