Corporate social strategy: Competing views from two theories of the firm

Bowen, Frances (2007) Corporate social strategy: Competing views from two theories of the firm. Journal of Business Ethics, 75 (1). pp. 97-113. ISSN 0167-4544

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This paper compares two theories of the firm used to interpret firms' corporate social strategies in order to derive new insights and questions in this research area. Researchers from many branches of strategic management agree that firms can strategically allocate resources in order to achieve both long-term social objectives and competitive advantage. However, despite some progress in investigating corporate social strategy, studies rely on fundamentally diverging theoretical approaches. This paper will identify, compare and begin to integrate two competing theories of the firm implicit in corporate social strategy scholarship: the resource-based and behavioural theories of the firm. I discuss the implications of these two theories for both researchers and practitioners on key debates within corporate social strategy, and conclude by suggesting several fruitful avenues for future research based on the emerging integration of these two theories of the firm within the strategy literature.

Item Type: Article
Uncontrolled Keywords: behavioural theory,corporate social strategy,goals,rationality,resource-based theory,business and international management,business, management and accounting(all),arts and humanities (miscellaneous),economics and econometrics,law ,/dk/atira/pure/subjectarea/asjc/1400/1403
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
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Depositing User: LivePure Connector
Date Deposited: 17 Apr 2019 14:30
Last Modified: 21 Apr 2023 00:01
DOI: 10.1007/s10551-006-9240-0

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