Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains.
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| Title: | Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains. |
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| Authors: | Acquier, Aurélien1 aacquier@escpeurope.eu, Valiorgue, Bertrand2 bertrand.valiorgue@udamail.fr, Daudigeos, Thibault3 thibault.daudigeos@grenoble-em.com |
| Source: | Journal of Business Ethics. Aug2017, Vol. 144 Issue 1, p139-152. 14p. 1 Diagram, 1 Chart. |
| Subject Terms: | Social responsibility of business, Transaction cost theory of the firm, Value chains, Asset specificity, Corporate governance |
| Abstract: | 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. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: ehh DbLabel: Education Research Complete An: 124255462 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Acquier%2C+Aurélien%22">Acquier, Aurélien</searchLink><relatesTo>1</relatesTo><i> aacquier@escpeurope.eu</i><br /><searchLink fieldCode="AR" term="%22Valiorgue%2C+Bertrand%22">Valiorgue, Bertrand</searchLink><relatesTo>2</relatesTo><i> bertrand.valiorgue@udamail.fr</i><br /><searchLink fieldCode="AR" term="%22Daudigeos%2C+Thibault%22">Daudigeos, Thibault</searchLink><relatesTo>3</relatesTo><i> thibault.daudigeos@grenoble-em.com</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Business+Ethics%22">Journal of Business Ethics</searchLink>. Aug2017, Vol. 144 Issue 1, p139-152. 14p. 1 Diagram, 1 Chart. – Name: Subject Label: Subject Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Social+responsibility+of+business%22">Social responsibility of business</searchLink><br /><searchLink fieldCode="DE" term="%22Transaction+cost+theory+of+the+firm%22">Transaction cost theory of the firm</searchLink><br /><searchLink fieldCode="DE" term="%22Value+chains%22">Value chains</searchLink><br /><searchLink fieldCode="DE" term="%22Asset+specificity%22">Asset specificity</searchLink><br /><searchLink fieldCode="DE" term="%22Corporate+governance%22">Corporate governance</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: 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. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1007/s10551-015-2820-0 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 14 StartPage: 139 Subjects: – SubjectFull: Social responsibility of business Type: general – SubjectFull: Transaction cost theory of the firm Type: general – SubjectFull: Value chains Type: general – SubjectFull: Asset specificity Type: general – SubjectFull: Corporate governance Type: general Titles: – TitleFull: Sharing the Shared Value: A Transaction Cost Perspective on Strategic CSR Policies in Global Value Chains. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Acquier, Aurélien – PersonEntity: Name: NameFull: Valiorgue, Bertrand – PersonEntity: Name: NameFull: Daudigeos, Thibault IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 08 Text: Aug2017 Type: published Y: 2017 Identifiers: – Type: issn-print Value: 01674544 Numbering: – Type: volume Value: 144 – Type: issue Value: 1 Titles: – TitleFull: Journal of Business Ethics Type: main |
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