Business Law, Public Responsibility, and Ethics Commons^™

Is Ethical Behavior Priced? Evidence From Audit Pricing, Li Z. Brooks

Academic Conference on Good Business

Audit Fees, Audit Pricing, Audit Risk, Corporate Social Responsibility, Engagement

Risk, Ethical Behavior

Do Csr Expenditures Help Investors Foresee Future Earnings?, Chuan-San Wang

Academic Conference on Good Business

The traditional view toward corporate social responsibility (CSR) activities is that they are a source of new information about future performance. We contradict this view by argument that expenditures on CSR activities are difficult to be properly disclosure, because they are not required to be reported in a separate account of financial statements. Consistent with this argument, our study documents a significant, positive association between CSR activities and expenses of selling, general and administrative for most of ratings from Kinder, Lydenburg, and Domini (KLD). Our results show that ratings for both positive indicators (strengths) and negative indicators (concerns) garble accounting …

Corporate Social Responsibility In Peru: Financial Performance Of Social Responsible Companies, Gustavo Adolfo Tanaka

Academic Conference on Good Business

The purpose of this paper is twofold: it aims first at reviewing Corporate Social Responsibility (CSR) in Peruvian corporations. Second, it analyzes the Corporate Financial Performance (CFP) of Peruvian companies that are regarded as socially responsible and have been recognized for their efforts with CSR awards.

Does Audit Firm Tenure Enhance Firm Value? Closing The Expectation Gap Through Corporate Social Responsibility, Li Z. Brooks

Academic Conference on Good Business

No abstract provided.

The Relationship Between Students’ Attitude Toward Business Ethics And Academic Misbehaviors, Sohyoun Shin

Academic Conference on Good Business

This paper attempts to expand the current research area which has explored the association between students’ academic dishonesty (i.e., exam cheating or plagiarism/fabrication) and attitude toward business ethics, by empirically testing the relationships between students’ undesirable academic behaviors (i.e., disrespectful behaviors or slacker behaviors) and their perception of business ethics. The results based on 133 surveys from the students enrolled in the business program at a northwestern regional comprehensive university, show that there are positive relationships between the focal constructs. Specifically, this study reveals that students who have reported higher frequencies of engaging in exam cheating, disrespectful behavior, or slacker …

Pedagogical Brief: Csr Consulting Project In An Online Mba, Alison Watkins, Carol Fisher

Academic Conference on Good Business

Research Brief: Corporate Partner Projects, Action Learning and Corporate Social Responsibility in the Online MBA

Abstract

Civic Engagement, Sustainability and Corporate Social Responsibility (CSR) are learning objectives for many MBA programs but implementing real world projects in an online environment takes careful consideration. This paper describes the process of creating and delivering a consulting project for a completely online MBA class from initial data gathering, to project outline and final results. We share what worked in this process and its success from the faculty, industry partner and student perspectives. The bottom line, don’t miss out on this type of opportunity …

Csr Initiatives Mitigate Negative Reactions To Service Failures When Customers Share The Firm’S Values, Jeff Joireman, Dustin Smith, Richie L. Liu, Jonathan Arthurs

Academic Conference on Good Business

The present paper investigates whether corporate social responsibility (CSR) promotes positive responses to service failures among value-aligned customers. Study 1 finds that customers are less likely to experience anger and spread negative word of mouth following a service failure when a firm engages in high (donating 15% of profits to environmental conservation) but not low levels of environmental CSR (donating 2% of profits), but only if customers are high in environmental concern. Study 2 explores the benefits of CSR policies targeting a broader range of beneficiaries and CSR policies offering customers choice over the firm’s CSR allocations. Results demonstrate that, …

Csr And The Social Contract: New Lenses For Stakeholder Analysis And Strategic Management, Mark A. Buchanan

Academic Conference on Good Business

On the macro level of business legitimacy, the terms and conditions of the Business-Society social contract are continually subject to renegotiation. These renegotiations flow from altered expectations of society generally and stakeholder groups specifically as to business’ role in value creation and take place principally in either marketplace or public policy arenas.

On the micro level of a firm’s license to operate, it must understand and address stakeholder expectations in order to succeed over the medium and longer term, i.e., to be sustainable. Stakeholder management, as related to corporate social responsibility (CSR) and sustainability, has increasingly been seen as presenting …

Ecological Worldviews: A Missing Perspective To Advance Sustainability Leadership, Steve Schein

Academic Conference on Good Business

ABSTRACT

This article presents the findings from an empirical study of ecological worldviews of global sustainability leaders. Although a significant body of research has emerged in recent years focused on corporate sustainability at the organizational level, the literature has paid less attention to corporate sustainability at the individual level. As a result, little is known about the deeper psychological motivations of sustainability leaders and how these motivations may influence their behavior and effectiveness as change agents.

The study was based on theoretical insights from several social science disciplines including deep ecology, eco-psychology, environmental sociology, and integral ecology. Drawing on interviews …

Corporate Social Responsibility Of Multinational Corporations, Lok Yiu Chan

Global Honors Theses

Corporate social responsibilities (CSR) are becoming increasingly important in today’s business world. Companies should care about their stakeholders’ interests but at the same time, they should place more emphasis on other areas apart from solely profits making. Most people used to think that businesses are taking advantages from consumers. Nonetheless, nowadays stakeholders are not only concern about profits; they are more interested in company regarding various economic, environmental, ethical, governance, and social aspects, since these factors significantly affect the fate of the company in long term. Research has proven that there is a competitive advantage for corporations that have a …

Outerwall And Beyond: Ecoatm, Looking Ahead, Nathan Collins, Tara Ghassemika, Noah Sawuch, Emmeline Vu

MICCSR Presentations

In 2013, Outerwall (parent company of Coinstar and RedBox) acquired ecoATM, an automated e-waste recycling station. As a disruptive technology in the e-recycling business, ecoATM has demonstrated significant potential for triple-bottom-line success. Outerwall has struggled with negative press related to law-enforcement belief that these kiosks are “a motivator for the criminal element.” This CSR mini-case provides students an opportunity to work creatively to solve a public relations and perception problem in order to fully realize a company’s full potential for positive social, environmental and economic impact.

Outerwall And Beyond, Greg Kline, Jake Hunsaker, Samuel Belgique, Jared Maxfield

MICCSR Presentations

In 2013, Outerwall (parent company of Coinstar and RedBox) acquired ecoATM, an automated e-waste recycling station. As a disruptive technology in the e-recycling business, ecoATM has demonstrated significant potential for triple-bottom-line success. Outerwall has struggled with negative press related to law-enforcement belief that these kiosks are “a motivator for the criminal element.” This CSR mini-case provides students an opportunity to work creatively to solve a public relations and perception problem in order to fully realize a company’s full potential for positive social, environmental and economic impact.

Outerwall And Beyond, Joe Lawless

MICCSR Case Studies

In 2013, Outerwall (parent company of Coinstar and RedBox) acquired ecoATM, an automated e-waste recycling station. As a disruptive technology in the e-recycling business, ecoATM has demonstrated significant potential for triple-bottom-line success. Outerwall has struggled with negative press related to law-enforcement belief that these kiosks are “a motivator for the criminal element.” This CSR mini-case provides students an opportunity to work creatively to solve a public relations and perception problem in order to fully realize a company’s full potential for positive social, environmental and economic impact.

Better Living At Walmart?, Joe Lawless

MICCSR Case Studies

In November of 2013, Walmart was widely criticized on social media, then through traditional media, for asking employees to contribute food to other employees who couldn’t afford their Thanksgiving meal. This mini-case asks students to explore the issues related to minimum wage laws, corporate social responsibility, HR practices, and the social impact of large global corporations like Walmart. Students are asked to make recommendations to the leadership of Walmart on strategies for moving forward.

Informative Advertising And The Global Csr Initiatives, Shawn Pope

Academic Conference on Good Business

Both academics and the general public suspect a relationship between advertising and corporate social responsibility (CSR). The quantitative research thus far addresses only whether advertising precedes CSR practices, on the basis that advertisers use CSR as yet another tool for building the corporate brand. Findings have been inconclusive. This paper, rather, builds the “informative advertising” hypothesis, the idea advertising follows CSR practices, as firms attempt to publicize their good deeds. The global CSR initiatives are the case for analysis, namely the Global Compact, Global Reporting Initiative, and Carbon Disclosure Project. Results from this paper fail to support the informative advertising …

Authenticity And Appropriation As Issues In Corporate Social Responsibility, Paul Skilton

Academic Conference on Good Business

In this study I focus on CSR initiatives that appropriate goals values and categories from competing institutional logics to better understand why some of these initiatives are seen as authentic by stakeholders, while others are viewed as fake. I illustrate my theory development with examples from the competing logics of food production and distribution, and explore the differences that have produced varying outcomes in terms of perceived authenticity. I begin with a review of the literature and then discuss the multiple logics of food systems and the perceived authenticity of CSR initiatives in this arena.

Pay For Environmental Performance: The Effect Of Incentive Provision On Carbon Emissions, Ioannis Ioannou

Academic Conference on Good Business

An increasing number of companies are striving to reduce their carbon emissions and, as a result, they provide incentives to their employees linked to the reduction of carbon emissions. Using both fixed effects models and matching samples we find evidence that the use of monetary incentives is associated with higher carbon emissions. Moreover, we find that the use of nonmonetary incentives is associated with lower carbon emissions. Consistent with monetary incentives crowding out motivation for prosocial behavior, we find that the effect of monetary incentives on carbon emissions is fully eliminated when these incentives are provided to employees with formally …

Greed Is Good, Roger Mcneill White

Academic Conference on Good Business

Recent experimental CSR research suggests that principal philanthropy offers benefits to the firm. I test this finding using archival data in a natural experiment. In publically traded firms, I find that charitable pledges by blockholders create agency problems that overwhelm any benefits and destroy shareholder value. This effect is stronger when the blockholder has, beyond his economic incentives, a fiduciary duty (as a director or fund manager) to monitor the firm and its managers. I attribute these findings to small investors relying on the self-interest of major shareholders to monitor managers and other investors. A charitable pledge lessens the market’s …

Sustainable Fashion At Nordstrom: Think, Adapt, Anticipate, Crystal Kizanis, Garret Mark, Natnael Tekeste, Mitchell Gould

MICCSR Presentations

This CSR mini-case focuses on CSR issues related to the supply chain in the fashion industry. The case is based on the Fashion Futures 2025 report by the Forum for the Future, and focuses on anticipated supply shortages, workforce issues, technological advances, water shortages, high energy prices, re-use and remanufacturing changes. The case calls for students to develop a strategy for Nordstrom as they prepare for this changed new world.

Due to length, the video was uploaded in 2 parts. Part II

Sustainable Fashion At Nordstrom: Its Sustainable Future, Lehualani Shiroma

MICCSR Presentations

This CSR mini-case focuses on CSR issues related to the supply chain in the fashion industry. The case is based on the Fashion Futures 2025 report by the Forum for the Future, and focuses on anticipated supply shortages, workforce issues, technological advances, water shortages, high energy prices, re-use and remanufacturing changes. The case calls for students to develop a strategy for Nordstrom as they prepare for this changed new world.

The second-place team was originally composed of students from a variety of participating universities. The other three students dropped out, citing irreconcilable differences. The student from the University of Puget …

Kentucky Fried Transparency, Joe Lawless

MICCSR Case Studies

This CSR mini-case provides students with an opportunity to explore the ethical issues related to transparency and reporting in an international corporation. Yum! Brands, the parent corporation of Kentucky Fried Chicken had a supply chain issue with their Chinese suppliers that went public in China and affected sales. This is their immediate issue, but longer term, the reputational harm of disclosure and transparency that subsequently emerged pose a challenge for students to address.

Sustainable Fashion At Nordstrom, Joe Lawless

MICCSR Case Studies

This CSR mini-case focuses on CSR issues related to the supply chain in the fashion industry. The case is based on the Fashion Futures 2025 report by the Forum for the Future, and focuses on anticipated supply shortages, workforce issues, technological advances, water shortages, high energy prices, re-use and remanufacturing changes. The case calls for students to develop a strategy for Nordstrom as they prepare for this changed new world

Victoria’S Little Secret, Matthew Deem, Christopher Aiken, Matt Colleen, Matthew Rhoades

MICCSR Presentations

This mini-case outlines a series of articles that ran in Bloomberg outlining the use of child slave labor in the fair trade cotton fields of Burkina Faso that had been used exclusively in Victoria’s Secret products. Giving students and opportunity to develop strategies and tactics that respond to a real-world public relations issue, this case also lets students explore the CSR issues inherent in a firm’s supply chain. Although trying to do the “right thing” Victoria’s Secret got caught up in the certification dilemma that many firms face.

Part II of the video

Victoria's Little Secret: Addressing Child Labor, Andrea Cerna, Michael Lawrence, Eileen Smith, Nicole Winjum

MICCSR Presentations

This mini-case outlines a series of articles that ran in Bloomberg outlining the use of child slave labor in the fair trade cotton fields of Burkina Faso that had been used exclusively in Victoria’s Secret products. Giving students and opportunity to develop strategies and tactics that respond to a real-world public relations issue, this case also lets students explore the CSR issues inherent in a firm’s supply chain. Although trying to do the “right thing” Victoria’s Secret got caught up in the certification dilemma that many firms face.

Part II of video

Victoria's Little Secret, Joe Lawless

MICCSR Case Studies

This mini-case outlines a series of articles that ran in Bloomberg outlining the use of child slave labor in the fair trade cotton fields of Burkina Faso that had been used exclusively in Victoria’s Secret products. Giving students and opportunity to develop strategies and tactics that respond to a real-world public relations issue, this case also lets students explore the CSR issues inherent in a firm’s supply chain. Although trying to do the “right thing” Victoria’s Secret got caught up in the certification dilemma that many firms face.

Do Ethical Preferences Differ Depending On The Type Of Product? Implication For Csr Communication, Gautam Agarwal

Academic Conference on Good Business

This study will use ranking methodology to examine consumer preferences with respect to ethical and social issues relating to different products. Research has shown that consumers’ attitudes towards ethical and social issues are dependent on the product in question. It is thus important that the communication of CSR activities is based on those social product features that are relevant to the consumer. In this paper I will categorize products based on the results of consumer preferences with respect to ethical and social product features. The paper will also segment consumers based on their attitudes towards social and ethical issues. This …

How Does Corporate Social Responsibility Create Value For Consumers?, Todd Green, John Peloza

Academic Conference on Good Business

Purpose – Research examining corporate social responsibility (CSR) demonstrates a relatively consistent level of positive support by consumers. However, CSR is poorly defined and little is known about the mechanisms by which this response occurs. This paper seeks to understand how consumers define CSR and how it can enhance the overall value proposition for consumers. Design/methodology/approach – The value typology developed by Sheth et al. is integrated with qualitative data to enhance understanding of these value paths. Interviews were conducted with consumers through the heart of the current recession, when consumers were particularly aware of value when making purchase decisions. …

Corporate Social Responsibility Activities: Appropriability And Impact On Social Performance, Sylvia Maxfield, Jegoo Lee

Academic Conference on Good Business

To explore strategic aspects of corporate social responsibility (CSR), this paper examines the impact of CSR activities on corporate social performance (CSP). Drawing from and synthezing two literatures, the well-known instrumental/strategic stakeholder theory and research on CSR strategic value criteria (Burke and Logsden, 1996), we conceptualize appropriability as a variable intermediating between a firm’s CSR activities and its CSP. We suggest that two considerations shape appropriability in the context of corporate social performance: 1) the extent to which social actions go beyond legal requirements and dominant social norms (voluntarism and proactivity) and, 2) the coherence of stakeholder groups’ interest aggregation …