RT Article
T1 Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains
JF Journal of business ethics
VO 144
IS 1
SP 139
OP 152
A1 Acquier, Aurélien
A1 Valiorgue, Bertrand
A1 Daudigeos, Thibault
LA English
PB Springer Science + Business Media B. V
YR 2017
UL https://www.ixtheo.de/Record/178566171X
AB This paper explores the conditions favouring or inhibiting the implementation of strategic corporate social responsibility (CSR) policies in the context of global value chains (GVCs). Using transaction cost theory (TCT), we specify the economic and behavioural issues raised by strategic CSR policies. We show that the existence of market rewards for such policies does not constitute a solution per se, but tends to increase the difficulties that value chain members face. Bringing TCT into the analysis of the diffusion of strategic CSR policies in GVCs helps us to make different contributions. We first theoretically identify some limiting conditions of strategic CSR policies in GVCs. We also contribute to developing a more robust theoretical perspective for CSR in GVC research, which remains underdeveloped and mostly driven by empirical case studies. Finally, we shed light on new research questions and topics that could guide major theoretical and empirical investigations in the capacity of GVCs members to bypass the numerous difficulties involved in the implementation of strategic CSR policies.
K1 Governance structure
K1 Asset specificity
K1 transaction cost theory
K1 Strategic corporate social responsibility
K1 Global value chains
DO 10.1007/s10551-015-2820-0