Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains

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...

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Κύριοι συγγραφείς: Acquier, Aurélien (Συγγραφέας) ; Valiorgue, Bertrand (Συγγραφέας) ; Daudigeos, Thibault (Συγγραφέας)
Τύπος μέσου: Ηλεκτρονική πηγή Άρθρο
Γλώσσα:Αγγλικά
Έλεγχος διαθεσιμότητας: HBZ Gateway
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Έκδοση: Springer Science + Business Media B. V 2017
Στο/Στη: Journal of business ethics
Έτος: 2017, Τόμος: 144, Τεύχος: 1, Σελίδες: 139-152
Άλλες λέξεις-κλειδιά:B Strategic corporate social responsibility
B Governance structure
B transaction cost theory
B Asset specificity
B Global value chains
Διαθέσιμο Online: Volltext (JSTOR)
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Περιγραφή
Σύνοψη: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.
ISSN:1573-0697
Περιλαμβάνει:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-015-2820-0