CSR processes in governance systems and structures: The development of mental modes of CSR

Abstract

When corporate social responsibility (CSR) as a sensemaking process is assessed from a corporate governance perspective, this implies that stakeholders do not only influence companies by promoting and enforcing regulations and other corporate guidelines. They also influence companies by promoting regulation on influence pathways, by demanding that companies develop formal mechanisms that allow companies and stakeholders to discuss and in some cases agree on changes to principles and policies. This perspective suggests that regulation is an outcome of power relations and is, as such, a reflection of certain mental models.As such, mental models reveal the political bias in corporate governance perspectives. For this reason, CSR research needs to be clear about the underlying assumptions about corporate governance, and corporate governance research needs to disclose which mental models of CSR influence the outcomes. Taking a governance perspective on the development of mental models of CSR helps to understand the interaction between CSR and processes of sensemaking at the institutional, organizational and individual levels. K E Y W O R D Scorporate governance, corporate social responsibility, sensemaking

An exploration of female underrepresentation on executive boards in the Dutch hotel industry through an ethical lens

“…Although this has remained the dominant narrative, stakeholders' demands on company boards have increased during the past decade, as highlighted by triple bottom line accounting (Elkington, 2018). In addition, guidance from work councils and trade unions (De Graaf, 2019), as well as diversifying ownership models, ranging from institutional to private investors, informs corporate board composition, especially in the Netherlands. While such considerations shape corporate board composition, this article's focus remains an ethical inquiry into the underrepresentation of women on corporate boards within the hotel industry.…”

Social responsibility-related governance disclosure: exploration of managerial perspective in a developing country

“…Companies are expected to integrate their business strategies with CSR to achieve sustainable growth, and thus, CSR activities are no longer considered traditional philanthropic work (The Daily Star, 2012). When CSR is integrated with corporate governance systems, companies are influenced to develop formal corporate governance mechanisms, and if they disclose this CSR-related governance information, all the relevant stakeholders eventually benefit from acquiring the required governance information (Graaf, 2019). In the social accounting literature, numerous research works have explored the disclosure of CSR information (Muttakin et al , 2015; Muttakin et al , 2018; Omran, 2015; Uddin et al , 2018; Kamal and Deegan, 2013; Islam and Deegan, 2008; Belal and Owen, 2007; among others).…”