Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217373 
Year of Publication: 
2017
Citation: 
[Journal:] Asian Journal of Sustainability and Social Responsibility (AJSSR) [ISSN:] 2365-6417 [Volume:] 2 [Issue:] 1 [Publisher:] Springer [Place:] Cham [Year:] 2017 [Pages:] 59-74
Publisher: 
Springer, Cham
Abstract: 
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.
Subjects: 
Corporate social responsibility
Corporate sustainability and responsibility
Creating shared value
CSR
Strategic CSR
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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