Strategic Corporate Social Responsibility and Environmental Sustainability
Business and Society, Forthcoming
28 Pages Posted: 11 Jan 2011
Date Written: January 9, 2011
We review three theoretical approaches to strategic corporate social responsibility (CSR), which can be defined as voluntary CSR actions that enhance a firm's competitiveness and reputation. The end result of such activities should be an improvement in financial and economic performance. Based on an overview of recent empirical evidence, we conclude that economic theories of strategic CSR have the greatest potential for advancing this field of inquiry, although theories of strategic leadership should also be incorporated into this perspective. In the remainder of the manuscript, we provide focused summaries of the papers presented in this special issue and outline an agenda for future research on strategic CSR and environmental sustainability.
Keywords: Corporate Social Responsibility, Strategic CSR, Sustainability
JEL Classification: L15, L21, M14
Suggested Citation: Suggested Citation