Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/239736 
Year of Publication: 
2014
Citation: 
[Journal:] Administrative Sciences [ISSN:] 2076-3387 [Volume:] 4 [Issue:] 3 [Publisher:] MDPI [Place:] Basel [Year:] 2014 [Pages:] 219-241
Publisher: 
MDPI, Basel
Abstract: 
This paper takes both a conceptual and an empirical approach to answer the question as to how Corporate Social Responsibility (CSR) can be connected to the company's role as an agent of social value creation when it operates within an imperfect institutional framework of market competition. To develop a functional design for an empirical study, we draw on the concept of ordonomics, which provides a heuristics for responsible business activities in society. Drawing on ordonomics, we devise three questions: Referring to action responsibility we ask in which CSR activities companies do invest in their day-to-day business. Referring to governance responsibility we ask as to how companies realize win-win solutions through strategic commitments. In addition, with regard to discourse responsibility we ask in which stakeholder dialogues companies engage in order to discuss and find functional rules for organizing win-win solutions. In our empirical study, we reveal insights into the micro-level analysis of the CSP-CFP link and generate several new questions to be the subject of future research.
Subjects: 
CSR
Empirical CSR Research
CSP-CFP relationship
Ordonomics
Stakeholder Dialogue
JEL: 
M14
D22
C38
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
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