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What are the outcomes of corporate social irresponsibility (CSI)? The disconnect between CSI theory and CSI practice

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Surdu, Irina and Nardella, Giulio (2021) What are the outcomes of corporate social irresponsibility (CSI)? The disconnect between CSI theory and CSI practice. In: Sörensson, Anna and Tesfaye, Besrat and Lundström, Anders and Grigore, Georgiana and Stancu, Alin, (eds.) Corporate Responsibility and Sustainability during the Coronavirus Crisis. Palgrave Studies in Governance, Leadership and Responsibility . Cham, Switzerland: Springer International Publishing, pp. 57-75. ISBN 9783030738464

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Official URL: https://doi.org/10.1007/978-3-030-73847-1_4

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Abstract

Corporate social irresponsibility may, indeed, be one of the “grand challenges” of international business and management research. Corporate social irresponsibility (CSI) is broadly assumed to lead to performance decline and reputational damage for those firms involved in acts of wrongdoing. The overview of extant research presented in this chapter illustrates how and why these assumptions are not always supported, therefore explaining, at least in part, the many examples of irresponsible firm behavior observed in business practice. The chapter points to the discrepancies between CSI theory and CSI practice, followed by a discussion concerning the opportunities and challenges associated with acts of irresponsible firm behavior, particularly during times of crises and disruptions. The discussion captures key managerial and policy implications around curtailing corporate social irresponsibility.

Item Type: Book Item
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Social responsibility of business, Business ethics
Series Name: Palgrave Studies in Governance, Leadership and Responsibility
Publisher: Springer International Publishing
Place of Publication: Cham, Switzerland
ISBN: 9783030738464
Book Title: Corporate Responsibility and Sustainability during the Coronavirus Crisis
Editor: Sörensson, Anna and Tesfaye, Besrat and Lundström, Anders and Grigore, Georgiana and Stancu, Alin
Official Date: 25 June 2021
Dates:
DateEvent
25 June 2021Published
Page Range: pp. 57-75
DOI: 10.1007/978-3-030-73847-1_4
Status: Peer Reviewed
Publication Status: Published
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