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Article
Publication date: 4 November 2020

Developing a measure of climate strategy proactivity displayed to attain competitive advantage

Nikhil Kant and Neeti Agrawal

This paper aims to develop a scale to measure climate strategy proactivity (CSP) displayed by corporate in developing countries to attain competitive advantage (CA) and…

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Abstract

Purpose

This paper aims to develop a scale to measure climate strategy proactivity (CSP) displayed by corporate in developing countries to attain competitive advantage (CA) and sustain it through sources of sustained competitive advantage (SOSCA). It attempts to derive sound operational definitions of CSP, CA and SOSCA through horizontal analysis of previous studies and discussions with experts and practitioners to construct a measurement scale.

Design/methodology/approach

Research design includes broad stages, namely, item generation, scale development and assessment of psychometric properties of the scale starting with review of literature and discussions with experts and practitioners, which were followed by a pilot and full study carried out through a cross-sectional, self-administered online survey questionnaire and assessment using suitable tools and techniques.

Findings

Findings of the study comprise development of sound operational definitions and construction of a valid and reliable measurement scale of CSP displayed by corporate to attain CA with strong psychometric properties, which is expected to be useful in developing countries not only for researchers and academics but also for the practitioners and organizations.

Research limitations/implications

The information was self-reported by respondents through climate strategy proactivity questionnaire (CSPQ) and consequently can be at risk to have been influenced by bias. Nonetheless, this CSPQ scale devoid of conceptual problems can be used in developing countries in future empirical studies with the caution that its reliability and validity require further tests.

Practical implications

Using the CSPQ scale will help managers in developing countries in enhancing their awareness with the provision of these conceptually clear comprehensive operational definitions of CSP, CA and SOSCA with respect to the conceptual nature and the latent expressions, and draw an extensively enhanced scope of climate-conscious strategy to bring about CA.

Originality/value

With the data collected from a sample representing different stakeholders of Indian companies from across the country, CSPQ scale possesses significant robustness and implicative potential which can contribute to the evolution of the strategic management field by providing a valid and reliable measure of CSP in developing countries applicable under any major theoretical perspective in strategic management serving the needs of not only the empirical research but also of the management practices intended to attain CA.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/CR-06-2020-0079
ISSN: 1059-5422

Keywords

  • CSP
  • Competitive advantage
  • Climate strategy proactivity
  • CSP variable
  • Definition of CSP
  • Measure of CSP
  • Measure development

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Article
Publication date: 5 March 2020

Negative disclosures in corporate social responsibility reporting

Sabine A. Einwiller and Craig E. Carroll

This study aims to reveal the quantity, quality and cultural differences of negative corporate social performance (CSP) disclosures in large firms' corporate social…

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Abstract

Purpose

This study aims to reveal the quantity, quality and cultural differences of negative corporate social performance (CSP) disclosures in large firms' corporate social responsibility (CSR) reports. Firms are expected to be transparent about the impacts and outcomes of their CSP. A central aspect of transparency is balance, which means disclosing both positive and negative CSP.

Design/methodology/approach

Content analysis was applied to 75 CSR reports of large firms chosen from the Forbes Top 500 list. The firms belong to three cultural clusters: Anglo, Confucian Asia and Germanic/Nordic Europe.

Findings

Firms made few negative CSP disclosures, yet the quantity of negative CSP disclosures varied among cultural clusters. Reports from Germanic/Nordic Europe showed the highest number of negative CSP disclosures, reports from Confucian Asia showed the lowest number and the Anglo cluster's number fell in between. The Asian firms communicated corrective actions more often than firms from the other clusters.

Research limitations/implications

This study focused on negative CSP disclosures in the CSR reports – not omitting negative CSP. The practice of self-laudatory CSR communication decreases the likelihood that relevant stakeholders will believe what firms report about.

Originality/value

Studies on the quality and quantity of negative disclosures are rare; by examining cultural differences, this study contributes to the limited body of knowledge.

Details

Corporate Communications: An International Journal, vol. 25 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/CCIJ-05-2019-0054
ISSN: 1356-3289

Keywords

  • Disclosure
  • Content analysis
  • CSR reporting
  • Culture
  • Transparency
  • Global reporting initiative

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Article
Publication date: 1 September 2005

Corporate reputation, stakeholders and the social performance‐financial performance relationship

Benjamin A. Neville, Simon J. Bell and Bülent Mengüç

To increase understanding of the role of reputation in the corporate social performance (CSP) and financial performance (FP) relationship, including contingencies.

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Abstract

Purpose

To increase understanding of the role of reputation in the corporate social performance (CSP) and financial performance (FP) relationship, including contingencies.

Design/methodology/approach

Stakeholder theory is drawn on to present a model of reputation's role in the contingent CSP‐FP relationship.

Findings

CSP is affected by stakeholders' resource allocation to the organisation. This allocation is based on stakeholders' assessment of the organisation's reputation relative to stakeholders' particular expectations, which may be instrumentally and/or normatively framed. Reputation, therefore, plays a key role in the CSP‐FP relationship. Additionally, the authors propose that the equivocal results of previous research into the CSP‐FP relationship may be partly explained by organisational and market contingencies. Specifically, the authors contend that strategic fit, competitive intensity and reputation management capability moderate the CSP‐FP relationship.

Research limitations/implications

Empirical measurement issues and future research directions are discussed.

Originality/value

This paper increases the understanding of the role of reputation in the CSP‐FP relationship. Owing to its rich pedigree in research in corporate branding and reputation, marketing is uniquely positioned to contribute toward the better understanding of this issue.

Details

European Journal of Marketing, vol. 39 no. 9/10
Type: Research Article
DOI: https://doi.org/10.1108/03090560510610798
ISSN: 0309-0566

Keywords

  • Corporate image
  • Stakeholder analysis
  • Business ethics
  • Financial performance

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Book part
Publication date: 12 March 2020

Desperately Seeking a Standard Metric for Corporate Social Performance

Marco Masip

Despite all the attempts developed so far to measure corporate social performance in the last decades, a standard metric for it is still missing. In this work, the author…

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Abstract

Despite all the attempts developed so far to measure corporate social performance in the last decades, a standard metric for it is still missing. In this work, the author tries to understand why is this the case. To do so, the author has reviewed 69 relevant metrics developed in the literature since the 1970s until today, covering approaches based on social, reputational, and environmental ratings, as well as several others constructed ad hoc by reputated scholars. The author analyzes each of them through a double optics, checking if they meet the minimum requirements to be considered standard and truly social. The research reveals that the main factor that prevents such a standard is the lack of truly social orientation of the existing metrics.

Details

Non-Financial Disclosure and Integrated Reporting: Practices and Critical Issues
Type: Book
DOI: https://doi.org/10.1108/S1479-351220200000034003
ISBN: 978-1-83867-964-4

Keywords

  • Corporate social performance
  • metrics
  • standard
  • performance measurement
  • social value
  • corporate value
  • CSP

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Article
Publication date: 20 November 2017

Oil companies, social responsibility and CSP: combining actions and profiles

Aline Pereira Pündrich

The purpose of this paper is to focus on the influence of socio-economic and cultural factors and their influence on corporate social performance (CSP) (Clarkson, 1995…

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Abstract

Purpose

The purpose of this paper is to focus on the influence of socio-economic and cultural factors and their influence on corporate social performance (CSP) (Clarkson, 1995) within developing and mature economies. It aims at identifying the characteristics of socially responsible actions within two contexts: France and Brazil.

Design/methodology/approach

Based on a case study methodology and a press database, this paper analyzes two oil companies, the French group Total SA, and the Brazilian company Petrobras.

Findings

By focusing on corporate social responsibility (CSR) actions in different socio-economic and cultural contexts, it was possible to identify a predominant CSP “proactivity” in both companies; observe a difference in CSR discourse and practice; note a heterogenic and composite CSR; and notice that companies do not choose their CSP posture, but are subjected to external classifications.

Research limitations/implications

The analysis of only one company per socio-economic and cultural context belonging to the same field could be considered as a limitation, although it allows a deeper analysis of events within both organizations.

Practical implications

Apprehending CSP within different contexts may help decision makers to better understand companies’ socially responsible postures and to observe the socio-economic and cultural factors that can influence them.

Originality/value

This paper highlights CSR practices and their CSP under different socio-economic and cultural perspectives for a more comprehensive understanding of factors that motivate and direct the actions of big corporate organizations.

Details

Management Decision, vol. 55 no. 10
Type: Research Article
DOI: https://doi.org/10.1108/MD-06-2016-0367
ISSN: 0025-1747

Keywords

  • Corporate social performance
  • Corporate social responsibility
  • Developing markets
  • Mature markets
  • Petrobras
  • Total SA

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Article
Publication date: 18 November 2020

An analytical study of stakeholders relevance based on their perceived preference in terms of climate strategy proactivity (CSP)

Nikhil Kant

The purpose of this study is to evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of climate…

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Abstract

Purpose

The purpose of this study is to evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of climate strategy proactivity (CSP) which is an outcome of the importance and influence of the category of the stakeholders of Indian companies. Revolutionized by the liberalization–privatization–globalization, the practices and strategies of the companies in the developing country such as India have been marked by dynamic changes in the several past decades. In these circumstances, it has become imperative to understand the relevance of the stakeholders in terms of CSP displayed by these companies to seek help in developing appropriate strategies in the emerging competitive market.

Design/methodology/approach

This paper used a research design comprising descriptive analytical method using non-probability purposive sampling method to collect data from a sampled 701 respondents representing eleven categories stakeholders, with the help of a cross-sectional, self-administered online survey questionnaire.

Findings

The findings of the study detail the evaluation of the stakeholders relevance based on their perceived preference in terms of CSP attaching significance to the stakeholders’ perception as a useful tool. While the findings hint at the incessant growth of stakeholder awareness urging corporations to analyze effects and adopt appropriate strategies in developing countries, they also evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of CSP which is an outcome of the importance and influence enjoyed by the category of the stakeholders of Indian companies. The findings confirmed the adequate level of awareness of the stakeholders of Indian companies responsible for making them adopt CSP.

Research limitations/implications

This study had the limitations such as collection of information through a self-reported questionnaire which might have the impact of self-bias despite all the preventive and corrective measures, and the risk of creation of a subjective viewpoint due to the assessment of the perceptions of varied stakeholders. Nonetheless, meeting the objective of this study, the study succeeds in providing a stakeholder perspective to the existing body of knowledge with respect to CSP, a stakeholders-centric concept which is in infancy in the context of developing countries and their corporations.

Originality/value

The paper is original as it adds value by providing empirical evidence from the perspective of different stakeholders, including but not limited to managers or shareholders only, like majority of previous studies. By doing so, it successfully attempts to contextualize them indicating the need to unlock huge potentialities and substantial significance for other developing countries.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/CR-10-2020-0122
ISSN: 1059-5422

Keywords

  • Sustainable development
  • Stakeholders
  • Climate strategy proactivity (CSP)
  • Stakeholders perceptions
  • Stakeholders relevance

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Article
Publication date: 10 June 2019

Collective social enterprises for social innovation: Understanding the potential and limitations of cross-sector partnerships in the field of work integration

Marta Rey-García, Nuria Calvo and Vanessa Mato-Santiso

Cross-sector partnerships (CSPs) are one type of collective social enterprise that has gained importance as a vehicle for social innovation (SI). The purpose of this paper…

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Abstract

Purpose

Cross-sector partnerships (CSPs) are one type of collective social enterprise that has gained importance as a vehicle for social innovation (SI). The purpose of this paper is to understand the sources of the competitive advantage of CSPs as a strategic option for SI.

Design/methodology/approach

The authors propose a conceptual framework that integrates two interrelated dimensions of CSP competitiveness – resources and coordination – and their corresponding indicators. Then, the authors apply it to an in-depth case study through qualitative enquiry of a large CSP in the field of work integration during its formation and implementation stages (2012–2016). The authors employ a case study design with process tracing methods for increased validity, analyzing structured data from multiple sources (documentary, in-depth interviews with field experts and key decision-makers in coordinating partner organizations, direct observations) through narrative and visual mapping strategies.

Findings

Results illustrate the dynamic interaction between the key dimensions and factors that shape the potential and limitations of CSPs for SI and evidence three types of tensions which management influences partnership outcomes: hierarchical/horizontal commitment; competition/collaboration; and managerial efficiency/social transformation.

Originality/value

This research highlights the pivotal role of product development for the organizing of SI in a CSP context and proposes a conceptual framework that paves the way for future research on the sources of competitive advantage of CSPs, facilitating the assessment of their performance in terms of socially innovative outcomes.

Details

Management Decision, vol. 57 no. 6
Type: Research Article
DOI: https://doi.org/10.1108/MD-01-2017-0091
ISSN: 0025-1747

Keywords

  • Social innovation
  • Resource-based view
  • Work integration
  • Dynamic capabilities
  • Cross-sector partnerships
  • Collective social enterprises

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Article
Publication date: 21 May 2020

Logistic regression modeling of implementation of corporate safety policy in international infrastructures

Qing-Wen Zhang, Heap-Yih Chong, Pin-Chao Liao and Yao-Lin Wan

This study aims to determine the influences of explanatory factors on the efficacy of the implementation of corporate safety policy (CSP) in international projects from…

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Abstract

Purpose

This study aims to determine the influences of explanatory factors on the efficacy of the implementation of corporate safety policy (CSP) in international projects from the perspective of international contractors.

Design/methodology/approach

Four explanatory factors were identified for the implementation of CSP in international projects based on literature review. A questionnaire survey was then conducted among Chinese organizations that have been involved in international projects. In total, 121 valid responses were received from the questionnaire survey and were modeled using logistic regression to examine the impact of each factor on the observed event of interest.

Findings

The factors related to the effectiveness of implementing CSP, including “attitudes toward safety management measures (ASMM),” “operational mechanism for safety regulations (OM),” “safety knowledge management system (SKMS)” and “systematic safety training scheme (STS),” were selected. The results revealed that OM and SKMS were significant predictors (p < 0.05) of the odds of implementation satisfaction of CSP, but ASMM and STS were not. The probability of satisfactory CSP implementation increased as the value of SKMS increased, whereas the probability of unsatisfactory implementation improved as the value of OM increased.

Research limitations/implications

The questionnaire was distributed to respondents in international contractors headquartered in China. Other types of international organizations can be covered in future research. Furthermore, other factors, such as the local construction environment, should be considered in future studies.

Practical implications

The results provide new insights on CSP implementation overseas. Effective implementation of CSP contributes to the improvement of the safety performance of contractors. The practical significance of interpreting the influence factors is that the contractors can implement more efficient and targeted approaches and tools in the execution of their CSP. The impact of OM reminds safety managers of the synchronization of CSP as well as its implementation environment and characteristics. The effect of ASMM encourages contractors to adopt Web-based and digital knowledge management systems to improve the implementation efficiency of CSP.

Originality/value

The novelty of this study lies in the selection of factors and their impacts on CSP implementation in international projects. This study has also extended knowledge on normative safety in international projects based on quantitative modeling.

Details

Engineering, Construction and Architectural Management, vol. 27 no. 10
Type: Research Article
DOI: https://doi.org/10.1108/ECAM-03-2019-0155
ISSN: 0969-9988

Keywords

  • Corporate safety policy (CSP)
  • Safety management
  • Operational mechanism
  • International project
  • Logistic regression

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Article
Publication date: 5 June 2017

Antecedents of corporate social performance: the effects of task environment managerial discretion

Matthew T. Luth and Donald J. Schepker

The purpose of this research is to better understand how industry conditions affect corporate social performance (CSP). To accomplish this objective, the authors develop…

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Abstract

Purpose

The purpose of this research is to better understand how industry conditions affect corporate social performance (CSP). To accomplish this objective, the authors develop and test a theoretical argument that task environment managerial discretion plays an important role in determining a firm’s level of CSP.

Design/methodology/approach

In this research, the authors utilize a longitudinal data set of archival data nested across year, firm and industry. They then test their research model using multilevel techniques, which account for the nested nature of their research design.

Findings

Firms exhibit higher levels of CSP when their industry’s environment is high in dynamism and product differentiation. Conversely, firms exhibit lower levels of CSP when capital intensity is high. Finally, the authors find that firms exhibit higher levels of both positive and negative CSP as industry munificence increases.

Research limitations/implications

A number of researchers have called for investigation into the antecedents of CSP. This research provides an important next step in understanding the factors that influence firm CSP. Specifically, this research illustrates how the task environment affects stakeholder management by influencing the degree to which firms engage in CSP.

Practical implications

Managers should be mindful of the task environment’s conditions for managerial discretion and how these conditions affect stakeholder support for CSP. Moreover, managers should understand how industry conditions affect the firm’s ability to achieve competitive advantage through the use of CSP strategies.

Originality/value

While there has been much research aimed at understanding the potential CSP-firm performance link, there has been relatively little attention paid to understanding what influences firm CSP in the first place. This research suggests that industry-level characteristics of managerial discretion strongly influence firm strategic actions toward social performance.

Details

Social Responsibility Journal, vol. 13 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/SRJ-03-2016-0038
ISSN: 1747-1117

Keywords

  • Corporate social performance
  • Multilevel modeling
  • Managerial discretion
  • Industry characteristics
  • Task environment

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Article
Publication date: 1 August 1999

CSP compatibility in the SMT assembly process

L. Alex Chen, Irene Sterian, Brian Smith and Damien Kirkpatrick

To achieve integration of chip scale package (CSP) devices into main stream surface mount technology (SMT) assembly, various experiments have been required. In process…

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Abstract

To achieve integration of chip scale package (CSP) devices into main stream surface mount technology (SMT) assembly, various experiments have been required. In process development, experiences learned from flip chip attach and ball grid array (BGA) assembly were utilized. Key process parameters for CSP assembly were defined and some of those key factors were optimized. They will be presented in this paper. Some observations during prototype build have been documented for correlation with reliability results in the future. The requirements for further CSP assembly studies will also be addressed in this paper.

Details

Soldering & Surface Mount Technology, vol. 11 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/09540919910265659
ISSN: 0954-0911

Keywords

  • Assembly
  • Ball grid array
  • Chipscale packaging
  • Microvias
  • Surface mount technology

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