Corporate social responsibility in a burgeoning industry: a stakeholder analysis

Alonso, Abel Duarte; Sakellarios, Nikolaos; Alexander, Nevil; O’Brien, Seamus

doi:10.1108/jsma-04-2017-0024

Cited by 11 publications

(13 citation statements)

References 61 publications

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“…Today, Alonso, Sakellarios, Alexander, and O'Brien [31] (p. 114) have argued that profits should not be a corporation's sole objective; instead, an organization's success rests upon their relationships with stakeholder groups, and includes numerous interests such as the environment or society.…”

Section: Theoretical Background Of Researchmentioning

confidence: 99%

CSR Practices in Polish and Spanish Stock Listed Companies: A Comparative Analysis

2019

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In recent years, many studies have been carried out on corporate social responsibility (CSR) reporting by enterprises. However, none of the previous surveys have covered CSR reporting in countries in Western Europe (Spain) and Central Europe (Poland). In our research, we looked for answers to two research questions. The first was aimed at answering whether the industry represented by a given company influenced the number of disclosures in CSR reporting. The second question was to answer whether there were differences between Poland and Spain in the amount of disclosure in CSR reporting. We carried out a statistical analysis of the collected research material, under which we performed non-parametric tests as all of the variables for the distribution were not normal (Shapiro–Wilk test). We performed both the U Mann–Whitney and Kruskal–Wallis tests, which allowed us to answer our questions. The obtained results indicated that enterprises from the fuel and energy sectors as well as the financial industry provided more CSR disclosure than the other industries. There was a significant difference in the number of CSR disclosures between Poland and Spain, where more disclosures in CSR reporting were recorded in Spain.

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Section: Theoretical Background Of Researchmentioning

confidence: 99%

CSR Practices in Polish and Spanish Stock Listed Companies: A Comparative Analysis

2019

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“…An industrial cluster is an intense concentration of numerous actors – of numerous firms and their numerous stakeholders in a geographic location (Agogué et al , 2017; Alonso et al , 2018; Alvarado-Vargas et al , 2017; Panda, 2014). Industrial clusters have at least two important characteristics.…”

Section: Introductionmentioning

confidence: 99%

“…Industrial clusters have at least two important characteristics. First, an industrial cluster provides a context that is usually presumed to be, and often is, conducive for value creation (Aarstad, 2014; Alonso et al , 2018). Second, an industrial cluster tends to be a stakeholder-rich environment (Alonso et al , 2018; Alvarado-Vargas et al , 2017).…”

Section: Introductionmentioning

confidence: 99%

“…First, an industrial cluster provides a context that is usually presumed to be, and often is, conducive for value creation (Aarstad, 2014; Alonso et al , 2018). Second, an industrial cluster tends to be a stakeholder-rich environment (Alonso et al , 2018; Alvarado-Vargas et al , 2017). Figure 1 illustrates the various types of stakeholders usually associated with an industrial cluster.…”

Section: Introductionmentioning

confidence: 99%

“…This paper contributes to the literature by making explicit theoretical distinctions between forms of stakeholder relationships, where relationships are viewed in terms of the extent of overlap in strategic intent and the extent of intellectual spillover. The application of relationship-focused theory (Chakrabarty, 2020b) can help future research unpack the link between stakeholder relationships and value creation (Aarstad, 2014; Alonso et al , 2018; Chakrabarty, 2020a Pinho, 2011).…”

Section: Introductionmentioning

confidence: 99%

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Value creation in industrial clusters: the strategic nature of relationships with stakeholders and the policy environment

Chakrabarty

2020

JSMA

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PurposeGiven that an industrial cluster contains a high concentration of numerous stakeholders, a firm in an industrial cluster often ends up forming relationships with many of the stakeholders. The research questions are as follows: Does stakeholder-based management always lead to greater value creation? What are the moderators in this association? This paper proposes that although relationships with stakeholders can act as a “catalyst” for value-creation, they can also act as a “retardant.” A combination of (1) the strategic nature of the relationships and (2) the policy environment determines whether the relationships with stakeholders act as catalysts or retardants.Design/methodology/approachUsing relationship-focused theory, a conceptual framework that adopts a relational view of stakeholder theory is developed. Given the high concentration of stakeholders in industrial clusters, the conceptual framework uses stakeholders in industrial clusters as a setting. A firm can form relationships with a variety of stakeholders in an industrial cluster. The strategic nature of a relationship with a stakeholder is assessed in terms of variations in strategic intent and intellectual spillover.FindingsThe key argument is the following: whether a relationship with a stakeholder becomes a catalyst or a retardant for value creation is contingent on the fit between the strategic nature of the relationship and the policy environment. For instance, in a probusiness policy environment, relying on relationships with stakeholders that maximize intellectual spillover can act as a catalyst for value creation. In contrast, in an antibusiness environment, not having to rely on intellectual spillover is a safer option.Originality/valueWhereas the literature implicitly assumes that stakeholder theory has relational essence, the conceptual framework developed in this paper adopts a relational view of stakeholder theory in a very explicit way. This paper applies relationship-focused theory by making explicit the different forms of stakeholder relationships. Such an explicitly relational approach in theorizing can help in more in-depth research on the link between stakeholder relationships and value creation. The conceptual framework will allow future research to analyze value creation in an industrial cluster, especially in terms of how stakeholder relationships can act as either catalysts or retardants.

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A bibliometric and visualization analysis of Artisan entrepreneurship

Yi,

Liu,

Lyu

2023

Technology Analysis & Strategic Management

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Corporate social responsibility in a burgeoning industry: a stakeholder analysis

Cited by 11 publications

References 61 publications

CSR Practices in Polish and Spanish Stock Listed Companies: A Comparative Analysis

CSR Practices in Polish and Spanish Stock Listed Companies: A Comparative Analysis

Value creation in industrial clusters: the strategic nature of relationships with stakeholders and the policy environment

A bibliometric and visualization analysis of Artisan entrepreneurship

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