Corporate Social Responsibility as Obligated Internalisation of Social Costs

Johnston, Andrew; Amaeshi, Kenneth; Adegbite, Emmanuel; Osuji, Onyeka K.

doi:10.1007/s10551-019-04329-y

Cited by 36 publications

(19 citation statements)

References 77 publications

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“…However, studies also show that consumers do not put much value on luxury brands' sustainable efforts (Bhattacharya and Sen 2004;Ehrich and Irwin 2005). This poses a problem: if consumers do not appreciate sustainable practices of luxury brands, luxury brands' investment in various sustainable practices will eventually become an extra cost without payback, threatening their bottom lines (Johnston et al 2019). Our research has attempted to address this issue in a cross-cultural context.…”

Section: Discussionmentioning

confidence: 99%

The impact of value perceptions on purchase intention of sustainable luxury brands in China and the UK

Wang

Kuah

et al. 2021

J Brand Manag

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Despite luxury brands' efforts to incorporate sustainable development into their branding and product design, studies have shown inconclusive evidence about consumers' reaction towards such efforts. This study investigates how consumption values (i.e. the need for exclusivity, conformity, and hedonism) affect consumers' acceptance of luxury brands' sustainable efforts. It adopts a cross-cultural framework by analysing two countries, namely China and the UK, which differ substantially in some of Hofstede's cultural dimensions, namely power distance, individualism, and indulgence. Using the structural equation modelling in analysing 677 survey responses from actual luxury goods' consumers in the two countries, we suggest that hedonic needs drive consumers' purchase intentions in China and the UK. We find that the need for exclusivity in sustainable luxury items is negatively related to consumers' purchase intentions in China, while the need for conformity is positively related. In contrast, these effects are reversed in the UK. Our study implies the need to align the marketing of sustainable luxury with consumption values of consumers to reflect the cultural differences. In theorizing sustainable luxury research, this study provides a deeper understanding of value perceptions pertaining to luxury product consumption and sustainability.

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Section: Discussionmentioning

confidence: 99%

The impact of value perceptions on purchase intention of sustainable luxury brands in China and the UK

Wang

Kuah

et al. 2021

J Brand Manag

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“…We note that external conditions impact the probability of punishment for corporate infractions. In this regard, the public interest theory suggests that regulation results from public demand for correction of market failures to maximise social welfare (Johnston et al, 2021;Scott, 2015). However, from a practical perspective, the theory is superficial and naïve (Scott, 2015), especially when the legislature's ability to force the regulatory bodies to act in the public interest is unconvincing (Babayanju et al, 2017).…”

Section: Theory and Literature Reviewmentioning

confidence: 99%

Corporate governance regulation: a practice theory perspective

2021

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Employing Bourdieu's practice theory, this paper explores factors that influence corporate executives' behaviour towards corporate governance regulation. Drawing insights from a weak institutional environment (Nigeria) and relying on a qualitative research methodology (semi-structured interviews with 31 executives), this research uncovers how nine nuanced situational and cultural field factors determine executives' regulatory response to the severity of punishment, the certainty of penalties, and the cost-benefit compliance considerations. The study further explains how sequential rationalisation between the severity and certainty of punishment contributes to the regulatory apathy that executives exhibit. Theoretically, this study demonstrates how practice theory components (habitus, capital, and field) blend to establish executives' regulatory practice.

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“…This makes the distinction of bolted-on versus built-in CSR a promising conceptual contribution to the literature. Firm's that engage in CSR initiatives to address institutional voids (i.e., providing education, infrastructure, and other goods and services) are more likely to engage in bolted-on CSR (Johnston et al, 2019) as such activities are more likely to be removed from the firm's strategic core. Built-in CSR initiatives are the strategic approach to generate reputation that reflects the core strategy of a firm (Dowling & Moran, 2012).…”

Section: Nomentioning

confidence: 99%

“…Future research can investigate whether CSR concerns or weaknesses are more strongly correlated with bolted-on CSR initiatives rather than built-in CSR initiatives. Similarly, since political spending has been found to be correlated to negative environmental ratings for firms (Johnston et al, 2019), it would be interesting to see how our measure of bolted-on versus built-in CSR initiatives associates with the political spending landscape. Future research can explore this issue along with various other variables that may be strongly correlated with CSR performance.…”

Section: Limitations and Future Researchmentioning

confidence: 99%

A review of CSR classification schemes and the operationalization of bolted‐on vs. built‐in CSR

Rahman

Blake

2021

Business Ethics Env & Resp

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Recent conceptualization of built-in versus bolted-on corporate social responsibility (CSR) initiatives has offered a much-needed distinguishing framework to sophisticate our understanding of why different CSR initiatives yield varying corporate social performance (CSP) and associated recognition from stakeholders. One of the major roadblocks in conducting research on these two types of CSR initiatives is the absence of a valid and reliable measure. We address this void by developing a measure for bolted-on versus built-in CSR that relies on coding publicly available content. Our measure of these two types of CSR initiatives tests favorably for both convergent and discriminant validity and inter-rater reliability. Advancement of such a measurement instrument will positively contribute to CSR research, enabling scholars to better theorize the linkage between CSR and reputation, and other aspects of firm performance.

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Corporate Social Responsibility as Obligated Internalisation of Social Costs

Cited by 36 publications

References 77 publications

The impact of value perceptions on purchase intention of sustainable luxury brands in China and the UK

The impact of value perceptions on purchase intention of sustainable luxury brands in China and the UK

Corporate governance regulation: a practice theory perspective

A review of CSR classification schemes and the operationalization of bolted‐on vs. built‐in CSR

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