Abstract:As concepts of corporate social responsibility (CSR) continue to evolve, the predicament facing CSR managers when attempting to balance the differing interests of various stakeholders remains a persistent management challenge. A review of the extensive literature in this field reveals that the conceptualisation of corporate approaches to responsible stakeholder management remains underdeveloped. In particular, CSR practices within the specific context of the pharmaceutical industry, a sector which particularly… Show more
“…Freeman (1984); Hillman and Keim (2001); Sen et al (2006); Morsing and Schultz (2006) Bhattacharya et al (2009) ;Henisz et al (2014); O'Riordan and Fairbrass 2014;Camilleri (2015); Yasser et al (2017).…”
Today's corporations are increasingly implementing responsible behaviours as they pursue profit-making activities. A thorosugh literature review suggests that there is a link between corporate social responsibility (CSR) or corporate social performance (CSP) and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have often used other concepts, including corporate citizenship, stakeholder management and business ethics. In this light, this contribution reports on how CSR is continuously evolving to reflect contemporary societal realities. At the same time, it critically analyses some of the latest value-based CSR constructs. This review paper puts forward a conceptual framework for corporate sustainability and responsibility. It suggests that responsible business practices create economic and societal value by re-aligning their corporate objectives with stakeholder management and environmental responsibility.
“…Freeman (1984); Hillman and Keim (2001); Sen et al (2006); Morsing and Schultz (2006) Bhattacharya et al (2009) ;Henisz et al (2014); O'Riordan and Fairbrass 2014;Camilleri (2015); Yasser et al (2017).…”
Today's corporations are increasingly implementing responsible behaviours as they pursue profit-making activities. A thorosugh literature review suggests that there is a link between corporate social responsibility (CSR) or corporate social performance (CSP) and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have often used other concepts, including corporate citizenship, stakeholder management and business ethics. In this light, this contribution reports on how CSR is continuously evolving to reflect contemporary societal realities. At the same time, it critically analyses some of the latest value-based CSR constructs. This review paper puts forward a conceptual framework for corporate sustainability and responsibility. It suggests that responsible business practices create economic and societal value by re-aligning their corporate objectives with stakeholder management and environmental responsibility.
“…This naturally entails the higher amount of intimacy of the closer stakeholder group and lower amount of engagement of the outer stakeholder group in the project management scenario resulting in a conflicting gap (Ni et al, 2014;Oriordan & Fairbrass, 2014). ISSN 2326-0297 2017 In this context as per Figure 2, thus stakeholders in the in-group receive more information, influence and confidence from the project team than that of the out-group stakeholders (Northhouse, 2013).…”
Section: Business and Management Horizonsmentioning
confidence: 99%
“…With this evolutionary, emerging and changing properties of conflicts in the project management context (Tukiainen et al, 2010), therefore understanding the different set-ups of conflict also becomes significant for the sustainable project management (Adderley & Mellor, 2014;Ayuso et al, 2014;Carlon & Downs, 2014;Chakhar & Saad, 2014;Garriga, 2014;Golob & Podnar, 2014;Hörisch et al, 2014;Moriarty, 2014;Ni et al, 2014;Oriordan & Fairbrass, 2014;Retolaza et al, 2014;Scheer et al, 2014;Yang et al, 2014). Okoye et al (2013) have examined the nexus of corporate disclosure of social performance on corporate stakeholder conflict management where stakeholder groups represent divergent interests in the activities of any corporation.…”
Section: Business and Management Horizonsmentioning
confidence: 99%
“…Having said this, such different phenomena of stakeholder-centric constructions and compositions of conflicts pose an interesting research exploration into the project management landscape and contemporary literatures laying the foundation for prototyping the potential typology of conflicts from multifaceted perspectives (Adderley & Mellor, 2014;Ayuso et al, 2014;Carlon & Downs, 2014;Chakhar & Saad, 2014;Garriga, 2014;Golob & Podnar, 2014;Hörisch et al, 2014;Moriarty, 2014;Ni et al, 2014;Oriordan & Fairbrass, 2014;Retolaza et al, 2014;Scheer et al, 2014;Yang et al, 2014). The problem formulation thus depicts the clear-cut research gap in understanding the typology, categorization and classification of conflicts relevant to the project management domain at a meso level of analysis as focused on an organization's project management context.…”
Section: Business and Management Horizonsmentioning
This study introduces the backdrop where discrepancies occur among project stakeholders, and then how theoretically this conflicting scenario can be understood. Followed by this, it sums up the research gap in understanding the types of conflicts among project stakeholders leading to the purpose of this study to offer such descriptive typology of conflicts in project management. The study presents the researcher to the reader in terms of view of reality (ontology) and view of knowledge (epistemology) with the adopted inductive approach, descriptive inference and qualitative data type. The default research design of this study is literature review. The study tried to produce the analysis of determining the types of conflicts among project stakeholders discussing them anchored in relevant theories. It finally presents the ultimate typology as the outcome of this research. The ultimate typology of this research consists of three core types of conflicts for the sustainable project management and effective project teams. Depending on the amount of subjectivity in the project teams, project members sense risks and unprecedented scenarios differently giving rise to subjective conflict among ISSN 2326-0297 2017 project stakeholders. Depending on the amount of objectivity in the project teams through organizational systems, processes is another type of objective conflict among project stakeholders. Finally, depending on the inter-organizational project collaboration is the type of triangular conflict among project stakeholders toward sustainable development.
Business and Management Horizons
“…stakeholder information strategy, stakeholder response strategy and stakeholder involvement strategy). The enhancement of stakeholder engagement is necessary and has not yet been rigorously investigated in the pharmaceutical industry (O'Riordan & Fairbrass, 2014).…”
Section: Csr Communication In Pharmaceutical Industrymentioning
Purpose À Taking into consideration that the number of reports about pharmaceutical lobbying activities is increasing (Baleta, 2014;Boseley, 2014) and that the cost of drugs has a direct and powerful impact on both public and private healthcare, there is a need to require pharmaceutical companies to report their activity as well as reflect their considerations about the ethical implications of their work. To answer that need, this chapter explores how pharmaceutical companies communicate their corporate social responsibility activities.Methodology/approach À This chapter explores how Pfizer, GlaxoSmithKline and Sanofi (all in the top 10 of US foundations by total giving) use their websites to articulate their CSR strategies. In order to achieve this goal, an exploratory research that combines Corporate Social Responsibility in the Digital Age Developments in Corporate Governance and Responsibility, Volume 7, 221À239Practical implications and originality/value À This chapter promotes an alternative exploratory method of online discourses through computeraided techniques.
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