Fluidity of Regulation-CSR Nexus: The Multinational Corporate Corruption Example

Osuji, Onyeka K.

doi:10.1007/s10551-011-0840-y

Cited by 65 publications

(64 citation statements)

References 109 publications

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“…The reliance on extrinsic motives might destroy the ethical foundation. In other words, a regulatory strategy (of governments) that "lumps ethical and instrumental CSR together" (Osuji 2011) has in most cases negative consequences on societal morale. And above all, the existence of code of conducts, standards, or any extrinsic instrument according to laws does not prove actual, profound, or genuine CSR (Mijatovic and Stokic 2010;Rasche et al 2013).…”

Section: Discussionmentioning

confidence: 99%

“…CSR can help in defining the "rules of the game" and in ensuring conformity with rules by signposting movements from "ought" to "must" (Osuji 2011). However, recognition must be paid to different arguments in intrinsic/ethical and instrumental/extrinsic CSR, which the next section outlines.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…Many companies and their leaders, indeed, have a business culture making CSR a moral duty to them driven primarily by an intrinsic motive (Lüth and Welzel 2007;Graafland and Mazereeuw-Van der Duijn Schouten 2012;Fifka 2012;Story and Neves 2015). Here, CSR has the power to evolve "social goods" (Osuji 2011). Mintzberg (1983 sees this strain as the purest form of CSR as it is ethical and supports CSR "for its own sake" because that is "the noble way for corporations to behave".…”

Section: Intrinsic Vs Extrinsic Motives For Csrmentioning

confidence: 99%

“…The latter are determined by efforts to manage CSR through a management system (Weber 2008;Cassimon et al 2015). Despite the increased recognition and emphasis on CSR as a topic and highly formalised CSR control systems numerous wellpublicised problems and scandals involving large corporations and Multinational Enterprises (MNEs) continue to emerge (Osuji 2011;Asif et al 2013). To help to address this contradiction there is growing interest in intrinsic CSR rooted in company culture and core logic (Lorenzo-Molo and Siloran Udani 2013).…”

Section: Introductionmentioning

confidence: 99%

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Looser

Wehrmeyer

2015

uwf

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of mission and value-set and the sociological tradition of the stewardship concept. This contrasts the extrinsically motivated approach of the large companies under research. In sum, this study showed that CSR is meaningful and justifiable even if it is not profitable in the first place.Zusammenfassung Verschiedentlich wurde aufgezeigt, dass punkto gesellschaftlicher Verantwortung von Unternehmen (Corporate Social Responsibility -CSR) intrinsischer Motivation eine nachhaltigere Wirkung attestiert werden kann als dies für die entsprechenden extrinsischen Anreize zu postulieren ist. Begründet wird dies vor allem dadurch, dass letztere, die von einer Profitmaximierung durch CSR ausgehen, als unlauter und irreführend eingeschätzt werden. Dies verdeutlicht, welche Bedeutung den Motiven im Zusammenhang mit gesellschaftlicher Verantwortung beigemessen werden muss -nicht nur im Hinblick auf die Gestaltung der organisationalen Gegebenheiten von CSR ganz allgemein mehr noch bezüglich der Effektivität der entsprechenden Aktivitäten. Die vorliegende Studie diskutiert diese Motive in vier Fokusgruppen mit je sieben Grosskonzernen und sieben SchweizerKlein-und mittelgrossen Unternehmungen (KMU). Die Ergebnisse zeigen, dass grosse Firmen vornehmlich extrinsisch motiviert sind und CSR als Managementfunktion ansehen. In KMU herrschen hingegen intrinsische Motive vor, die auf ein soziales Werte-Set des Unternehmers und einen Zusammenschluss von Tugenden und Mission im Unternehmen zurückzufüh-ren sind. Dies beweist, dass CSR auch ohne direkten Bezug zu Gewinnmaximierung oder dem Profitmotiv bedeutsam, gerechtfertigt und insbesondere vertretbar ist.Abstract Arguably, within Corporate Social Responsibility (CSR) the intrinsic motive is more significant than the extrinsic because the former induces a stronger involvement. Others showed that a behaviour attributed to extrinsic motives is mostly perceived as dishonest and misleading. This highlights how important the underlying motivation is for the perception, and thus, design and effectiveness of CSR frameworks. This study discusses these divergent motives with two focus groups: together with seven ownermanagers of Small and Medium-sized Enterprises (SME) and seven managers of large companies. The results show that CSR implementation in Swiss SMEs is related more strongly to moral commitment than to profit-maximisation. Accordingly, small business CSR emerges from the nexus

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Section: Discussionmentioning

confidence: 99%

Section: Theoretical Frameworkmentioning

confidence: 99%

Section: Intrinsic Vs Extrinsic Motives For Csrmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Doing well or doing good?

Looser

Wehrmeyer

2015

uwf

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“…A dummy variable was created to control for companies based in the UK. Within Europe, the UK can be considered to have the most advanced regulation regarding corruption and bribery in the form of the UK Bribery Act (Osuji, 2011). Whilst the introduction of the UK Bribery Act was delayed and it only came into force in 2011, consultations regarding the act first started in 2002 and 2005.…”

Section: Control Variablesmentioning

confidence: 99%

Carrot and Stick? The Role of Financial Market Intermediaries in Corporate Social Performance

Slager

Chapple

2015

Business & Society

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The social reputation of European companies: Does anti‐corruption disclosure affect stakeholders' perceptions?

Etxeberria

Odriozola

2018

Corp Soc Responsibility Env

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Corruption is a very important topic in society but also for businesses. However, there are few empirical studies that analyze corruption from the point of view of disclosure by companies and none that analyze its effect in corporate reputation. The aim of this paper is to use stakeholder theory to analyze the potential power of reporting in influencing stakeholders' perceptions and communication tools, such as sustainability reports, to bolster corporate reputation in relation to the social issue of corruption. Based on a regression analysis using data from the 70 largest European companies, we find that disclosure positively correlates with social reputation in the anti-corruption area. The study addresses a gap in the literature by highlighting the fact that this global and key social issue has not yet been analyzed empirically.

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Fluidity of Regulation-CSR Nexus: The Multinational Corporate Corruption Example

Abstract: bribery, Bribery Act 2010, corporate social responsibility, corruption, globalization, pluralism, regulation,

Cited by 65 publications

References 109 publications

Doing well or doing good?

Doing well or doing good?

Carrot and Stick? The Role of Financial Market Intermediaries in Corporate Social Performance

The social reputation of European companies: Does anti‐corruption disclosure affect stakeholders' perceptions?

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