Sustainability, Stakeholder Governance, and Corporate Social Responsibility

Scholarly interest in the areas of sustainability, stakeholder relations and corporate social responsibility (CSR) has increased considerably in recent years. In this volume, we take a step back to consider the fundamental questions that underlie and tie research across these areas together. The chapters in this volume cover a wide range of theoretical perspectives grounded in strategy, economics and sociology, employ various methodological approaches, and offer new arguments on the connections that exist between firms' decisions relating to sustainability, CSR, and the governance of their stakeholder relations. The chapters in this volume highlight that business decisions relating to sustainability and CSR are ultimately decisions about the governance of stakeholder relations, and suggest that future work in these areas should consider more closely both the firms and their stakeholders as strategic actors driving firm decisions.

“This volume contains 14 essays by business, management, and sociology scholars from North America, Europe, and Singapore, who examine the relationship between sustainability, stakeholder governance, and corporate social responsibility. They address ownership and its implications for sustainability, stakeholder governance, and corporate social responsibility, including the implications of differences in ownership in terms of public vs. private firms and the role of state ownership; stakeholder alignment and coalitions, including the role of government in shaping firm incentives when dealing with issues like environmental protection, venture capital's role in creating a more sustainable society, corporate social responsibility strategic implementation in multinational enterprises, the effects of large corporations on community philanthropy, and the relationship between corporate social performance and financial performance; and the evolution of concepts and industry practices, including conceptions of sustainability in the civil aviation industry, differences between different sets of environmental, social, and governance standards, the effect of market and non-market competition on firm and industry corporate social responsibility, the influence of social movements and counter-movements on entrepreneurial activity in the US wind industry, and the relationship between ethics and stakeholder theory.”

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Sinziana Dorobantu is anAssistant Professor of Management and Organizations at the Stern School ofBusiness at New York University, USA. Her research spans the areas of non-marketstrategy, stakeholder governance, and global strategy, and focuses onunderstanding the financial value and evolution of stakeholder engagement strategies,particularly in infrastructure industries.Ruth V. Aguilera is a Professor in theDepartment of International Business and Strategy at the D’Amore-McKim Schoolof Business at Northeastern University, USA. She is interested in research atthe intersection of strategic organization and international business, with afocus on comparative corporate governance and corporate social responsibility.Jiao Luo is anAssistant Professor of Strategic Management & Entrepreneurship at theCarlson School of Management at the University of Minnesota, USA. Jiao’sresearch interests lie at the intersection of non-market strategyand organization theory, with a focus on the drivers and social impact ofcorporate social responsibility activities.Frances J. Milliken is a Professor of Management and holdsthe Arthur E. Imperatore Professorship in Entrepreneurial Studies at the SternSchool of Business at New York University, USA. Her primary research interestsare in how organizational contexts shape the interactions between people in anorganization and in corporate social responsibility.

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