On the Link between Strategic Option and Corporate Social Responsibility: Empirical Evidence from Chinese Private Firms
Corporate social responsibility (CSR) has emerged as an inescapable priority for business leaders in every country since 1990s. Unfortunately, however, lots of firms CSR efforts are counterproductive because there is not a close link between strategic option and corporate social responsibility. Based on October 2006~ February 2007 surveys of Chinese private firms, this study focused on exploring the private firm owners attitudes, drivers and strategic options when they faced the CSR decisions. Results indicate that private firms managers have perceived CSR as a central component of good business practice and they adopted utilitarianism with respect to CSR issues. Moreover, compulsive strategy and reciprocal strategy to CSR are more popular in Chinese private firms. These results support the contention that should pay keen attention to the matters of CSR and integrate social considerations more effectively into core business operations and strategy.
Strategic option Corporate social responsibility Stakeholder
Chen Honghui
Lingnan (University) College, Sun Yat-sen University, P.R.China, 510275
国际会议
第六届管理学国际会议(Proceedings of ICM2007 the 6th International on Management)
武汉
英文
1283-1289
2007-08-03(万方平台首次上网日期,不代表论文的发表时间)