CSR INTEGRATION INTO THE CORPORATE STRATEGY

The aim of this research paper is to develop a model for the integration of ethics and Corporate Social Responsibility (CSR) into the company strategy as a source of competitive advantages. CSR is an organization's obligation to consider the interests of their customers, employees, shareholders...

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Main Authors: Patrizia GAZZOLA, Gianluca COLOMBO
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2014-12-01
Series:Cross-Cultural Management Journal
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/CMJ2014_I2_12.pdf
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author Patrizia GAZZOLA
Gianluca COLOMBO
author_facet Patrizia GAZZOLA
Gianluca COLOMBO
author_sort Patrizia GAZZOLA
collection DOAJ
description The aim of this research paper is to develop a model for the integration of ethics and Corporate Social Responsibility (CSR) into the company strategy as a source of competitive advantages. CSR is an organization's obligation to consider the interests of their customers, employees, shareholders, communities and to consider the social and environmental consequences of their business activities. By integrating CSR into the corporate strategy and stakeholder management, organizations can ensure that the increasing of shareholder value doesn’t overshadow the need to behave ethically to their stakeholders. The research is based on the theoretical framework that supports a thesis of beneficial impact of the development and implementation of CSR plan: by planning out CSR as part of a corporate strategy, companies can achieve the ultimate goal of creating both social value and corporate value.
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spelling doaj.art-0dd5f5c2f847487592e7e382ed44ab5c2022-12-22T00:26:50ZengRomanian Foundation for Business IntelligenceCross-Cultural Management Journal2286-04522014-12-01XVI2331338cmj:y2014:i2:p331-338CSR INTEGRATION INTO THE CORPORATE STRATEGYPatrizia GAZZOLA0Gianluca COLOMBO1 Department of Economics, Insubria University, Varese, Italy Institute of Management, University of Italian Switzerland, Lugano, Switzerland The aim of this research paper is to develop a model for the integration of ethics and Corporate Social Responsibility (CSR) into the company strategy as a source of competitive advantages. CSR is an organization's obligation to consider the interests of their customers, employees, shareholders, communities and to consider the social and environmental consequences of their business activities. By integrating CSR into the corporate strategy and stakeholder management, organizations can ensure that the increasing of shareholder value doesn’t overshadow the need to behave ethically to their stakeholders. The research is based on the theoretical framework that supports a thesis of beneficial impact of the development and implementation of CSR plan: by planning out CSR as part of a corporate strategy, companies can achieve the ultimate goal of creating both social value and corporate value. http://seaopenresearch.eu/Journals/articles/CMJ2014_I2_12.pdf CSRStrategyStakeholder
spellingShingle Patrizia GAZZOLA
Gianluca COLOMBO
CSR INTEGRATION INTO THE CORPORATE STRATEGY
Cross-Cultural Management Journal
CSR
Strategy
Stakeholder
title CSR INTEGRATION INTO THE CORPORATE STRATEGY
title_full CSR INTEGRATION INTO THE CORPORATE STRATEGY
title_fullStr CSR INTEGRATION INTO THE CORPORATE STRATEGY
title_full_unstemmed CSR INTEGRATION INTO THE CORPORATE STRATEGY
title_short CSR INTEGRATION INTO THE CORPORATE STRATEGY
title_sort csr integration into the corporate strategy
topic CSR
Strategy
Stakeholder
url http://seaopenresearch.eu/Journals/articles/CMJ2014_I2_12.pdf
work_keys_str_mv AT patriziagazzola csrintegrationintothecorporatestrategy
AT gianlucacolombo csrintegrationintothecorporatestrategy