The Role of Governance in Corporate Social Responsibility: Lessons from Dutch Finance

Business & Society, Forthcoming

51 Pages Posted: 4 Feb 2010

See all articles by Frank Jan de Graaf

Frank Jan de Graaf

Amsterdam University of Applied Sciences; University of Amsterdam - Department of Business Studies (BS)

J. W. Stoelhorst

University of Amsterdam - Amsterdam Business School

Date Written: February 3, 2010

Abstract

This paper extends the corporate social performance (CSP) model by studying the role of governance structures and governance systems in shaping corporate social responsibility. We argue that a governance perspective offers a fruitful research strategy to both study empirically how firms balance the competing moral frameworks and political philosophies that are part and parcel of defining their role in society, and to further the theoretical integration of the descriptive and normative perspectives in the business and society field. We illustrate the potential of this research strategy with a comparative case study of processes of responsiveness at four Dutch banks with markedly different governance structures. This study shows how governance systems and structures both enable and constrain corporate responsibility and responsiveness. We conclude with a proposal to reorient the CSP model to harness the integrative potential of studying corporate social responsibility through a governance lens.

Keywords: Corporate Social Responsibility, Corporate Social Performance, Corporate Governance, Stakeholders

JEL Classification: G20, G30, L20, M14, N80, P16, P43

Suggested Citation

de Graaf, Frank Jan and Stoelhorst, J. W., The Role of Governance in Corporate Social Responsibility: Lessons from Dutch Finance (February 3, 2010). Business & Society, Forthcoming, Available at SSRN: https://ssrn.com/abstract=1547178

Frank Jan De Graaf

Amsterdam University of Applied Sciences ( email )

Wenckebachweg 144-148
Amsterdam, 1000BA
Netherlands

University of Amsterdam - Department of Business Studies (BS) ( email )

University of Amsterdam Business School
Plantage Muidergracht 12
Amsterdam, 1018 TV
Netherlands

J. W. Stoelhorst (Contact Author)

University of Amsterdam - Amsterdam Business School ( email )

Plantage Muidergracht 12
Amsterdam, 1018 TV
Netherlands
31 20 525 5689 (Phone)

HOME PAGE: http://www1.fee.uva.nl/pp/jwstoelhorst/

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