English, Article, Journal or magazine article edition: TAMING TROJAN HORSES: IDENTIFYING AND MITIGATING CORPORATE SOCIAL RESPONSIBILITY RISKS P. P. M. A. R. HEUGENS; N. A. DENTCHEV

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Bookmark: http://trove.nla.gov.au/version/14363
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • TAMING TROJAN HORSES: IDENTIFYING AND MITIGATING CORPORATE SOCIAL RESPONSIBILITY RISKS
Author
  • P. P. M. A. R. HEUGENS
  • N. A. DENTCHEV
Physical Description
  • preprint
Notes
  • Organizations are exposed to increasing pressures from their constituents to integrate corporate social responsibility (CSR) principles into their ongoing business practices. But accepting new and potentially open-ended commitments is not a harmless exercise, and companies may well expose themselves to serious risks when embracing such principles. To identify these risks, we conducted two naturalistic studies: one exploratory, the other corroborative. The results show that CSR adoption is associated with at least seven different business risks, ranging from failing strategy implementation to legitimacy destruction. To alleviate these risks, we discuss a set of managerial mitigation strategies that have the potential to realign companies’ CSR activities with their strategic objectives.
  • Corporate social responsibility; Corporate social responsibility risks; Managerial implications; Mitigation strategies; Strategy implementation; Trojan horses.
  • RePEc:rug:rugwps:07/​434
Language
  • English
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