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Journal of Business Ethics
Erschienen in: Journal of Business Ethics 3/2014

01.12.2014

The Legitimacy of CSR Actions of Publicly Traded Companies Versus Family-Owned Companies

verfasst von: Rajat Panwar, Karen Paul, Erlend Nybakk, Eric Hansen, Derek Thompson

Erschienen in: Journal of Business Ethics | Ausgabe 3/2014

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Abstract

Corporate social responsibility (CSR) is one of the ways through which companies gain legitimacy. However, CSR actions themselves are subject to public skepticism because of increased public awareness of greenwashing and scandalous corporate behavior. Legitimacy of CSR actions is indeed influenced by the actions of the company but also is rooted in the basic cultural values of a society and in the ideologies of evaluators. This study examines the legitimacy of CSR actions of publicly traded forest products companies as compared to family-owned forest products companies. Results indicate a lower legitimacy for CSR actions of publicly traded companies than for family-owned companies. The study also examines the effect of social responsibility orientation (SRO) of evaluators on the legitimacy accorded to companies' CSR actions. We found that SRO was negatively associated with legitimacy, especially for women. Perceived profitability of companies was negatively associated with legitimacy of CSR actions for publicly traded but not for family-owned companies.
Vorheriger Artikel Civil Regulation, the Environment and the Compliance Orientations of SMEs
Nächster Artikel Board Age and Gender Diversity: A Test of Competing Linear and Curvilinear Predictions

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Metadaten
Titel
The Legitimacy of CSR Actions of Publicly Traded Companies Versus Family-Owned Companies
verfasst von
Rajat Panwar
Karen Paul
Erlend Nybakk
Eric Hansen
Derek Thompson
Publikationsdatum
01.12.2014
Verlag
Springer Netherlands
Erschienen in
Journal of Business Ethics / Ausgabe 3/2014
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI
https://doi.org/10.1007/s10551-013-1933-6

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