Corporate Social Responsibility and Financial Performance: Correlation or Misspecification?
Thinks that R&D has been overlooked by researchers looking at these CSP FP relationships.
Again, misses the point a little.
My point is that the whoel thing needs to be reassessed. The whole outlook, approach.
Tuesday 28 October 2008
Roberts 2002
Corporate reputation and sustained superior financial performance
Average article - thinks that reputation has been overlooked in some CSP FP models
not worth looking at.
Average article - thinks that reputation has been overlooked in some CSP FP models
not worth looking at.
Monday 27 October 2008
oosterhout 2006
Much Ado About Nothing: A Conceptual Critique of CSR
Odd piece, but might be quite useful - looks at the rational behind ditching CSR altogether.
Same kind of arguments as other authors - general lack of theoretical background - or at least a real mishmash of different concepts - slates the whole CFP CSP thing - waste of time.
A lot of references to data chasing theory - loads of stats, but what do they mean?
good quote on pg 15
it should be acknowledged that there is no uncontestable way of measuring such a complex construct...
Odd piece, but might be quite useful - looks at the rational behind ditching CSR altogether.
Same kind of arguments as other authors - general lack of theoretical background - or at least a real mishmash of different concepts - slates the whole CFP CSP thing - waste of time.
A lot of references to data chasing theory - loads of stats, but what do they mean?
good quote on pg 15
it should be acknowledged that there is no uncontestable way of measuring such a complex construct...
Lankoski 2007
Corporate responsibility activities and economic performance: a theory of why and how they are connected
One of what i imagine to be a raft of new articles trying to sort out this mess. Not entirely sure what this article is trying to say. The author tries to separte the outcomes form the activities and tries to resurrect the idea of the inverted U -curve. The idea that initial gains can be made but will suffer form diminishing marginal returns. Lots of hocus-pocus about where the curve is and how it can move.
The article has an odd env feel to it, and leaves a lot to be explained. Interesting to see if a little more will come out of articles like this. I think there is a need to untangle this web, but I'm not sure this article is quite the way forward.
Mentions some articles - Orlitszky 2003 - not sure i still have this - meta analysis.
One of what i imagine to be a raft of new articles trying to sort out this mess. Not entirely sure what this article is trying to say. The author tries to separte the outcomes form the activities and tries to resurrect the idea of the inverted U -curve. The idea that initial gains can be made but will suffer form diminishing marginal returns. Lots of hocus-pocus about where the curve is and how it can move.
The article has an odd env feel to it, and leaves a lot to be explained. Interesting to see if a little more will come out of articles like this. I think there is a need to untangle this web, but I'm not sure this article is quite the way forward.
Mentions some articles - Orlitszky 2003 - not sure i still have this - meta analysis.
Griffin Mahon 1997
The Corporate Social Performance and Corporate Financial Performance Debate: Twenty-Five Years of Incomparable Research
as the title suggests
pg 10 big critique of all these silly studies, despite clear remarks not to go down that road.
pg 11 starts to veer towards what i ma talking about - "the focus on a single industry may allow for the development and recognition of specific patterns of social performance that may be specific to a single industry and its stakeholder patterns of action and involvement, and it also allowas for a clearer recognition of different social performance by individual companies within the industry."
Big critique of FP measures pg 11 - over 70% of financial performance measures were used only once.!!!!!
Outline the Fortune survey pg 14
And then KLD (at bottom) pg 14
And TRI - toxic release inventory pg 15
And corporate philanthrophy pg 16
one industry (chemicals)
5 FP measures - return on equity, return on assets, total assets, asset age, 5-year return on sales.
Not huge findings - points to "CSP and FP relationships in specific industry contexts and offer more relevant insights to practitioners. In addition, we believe that such a research focus will yield rich insights into specific corporate social performance activities by individual firms.
pg 25
Need to refie complex relationships by looking in depth at one industry.
as the title suggests
pg 10 big critique of all these silly studies, despite clear remarks not to go down that road.
pg 11 starts to veer towards what i ma talking about - "the focus on a single industry may allow for the development and recognition of specific patterns of social performance that may be specific to a single industry and its stakeholder patterns of action and involvement, and it also allowas for a clearer recognition of different social performance by individual companies within the industry."
Big critique of FP measures pg 11 - over 70% of financial performance measures were used only once.!!!!!
Outline the Fortune survey pg 14
And then KLD (at bottom) pg 14
And TRI - toxic release inventory pg 15
And corporate philanthrophy pg 16
one industry (chemicals)
5 FP measures - return on equity, return on assets, total assets, asset age, 5-year return on sales.
Not huge findings - points to "CSP and FP relationships in specific industry contexts and offer more relevant insights to practitioners. In addition, we believe that such a research focus will yield rich insights into specific corporate social performance activities by individual firms.
pg 25
Need to refie complex relationships by looking in depth at one industry.
De Bakker 2005
A Bibliometric Analysis of 30 Years of Research and Theory on Corporate Social Responsibility and Corporate Social Performance
A long kindof content analysis of CSR / CSP up until now. Quite dense, but looks at the evoltion of the concept in good detail and identifies 3 main ways to approach the history: progressive, variegation, and normative. The distinctions are not overly clear.
Pg 308 the authors point to the CSP-FP literature and put it in the descriptive category, becasue they do not offer any theoretical contribution. "These papers appear to be stuck in repetitive mode as they do not so much build on each others work but mainly repeat or critique it without providing underlying causal relationships. They go back to the reasons Rowley and Berman gave for the approach - justify the studies themselves, add to moral arguements as to why firmsshould attend to their social responsibilities.
not sure ho wmuch this adds, other than backing up Rowley and Berman on CSP FP
A long kindof content analysis of CSR / CSP up until now. Quite dense, but looks at the evoltion of the concept in good detail and identifies 3 main ways to approach the history: progressive, variegation, and normative. The distinctions are not overly clear.
Pg 308 the authors point to the CSP-FP literature and put it in the descriptive category, becasue they do not offer any theoretical contribution. "These papers appear to be stuck in repetitive mode as they do not so much build on each others work but mainly repeat or critique it without providing underlying causal relationships. They go back to the reasons Rowley and Berman gave for the approach - justify the studies themselves, add to moral arguements as to why firmsshould attend to their social responsibilities.
not sure ho wmuch this adds, other than backing up Rowley and Berman on CSP FP
Friday 24 October 2008
Rowley and Berman 2000
Great article to get into this braod critique of CSP FP.
really gets at the core of it by asking why researchers are looking at this question anyway - what will it add even if something is found? really just to justify the existance of researchers.
P401 very strong.
single dimensions as proxies
research looking at things csp in 14 different ways. No reason to believe there will be any consistancy. - comparing air pollution with illegal activity?
pg 402
Multiple dimensions
pg 403 goes though a number of different issues relating to why this is also flawed. very strong language at the bottom of 404.
pg 406 Proposes looking at more industry specific stuff. Hooray!
social performance must be defined according to social context p407
excellent article - all the right things - points to moving away from CSP -FP and is very straight about it.
really gets at the core of it by asking why researchers are looking at this question anyway - what will it add even if something is found? really just to justify the existance of researchers.
P401 very strong.
single dimensions as proxies
research looking at things csp in 14 different ways. No reason to believe there will be any consistancy. - comparing air pollution with illegal activity?
pg 402
Multiple dimensions
pg 403 goes though a number of different issues relating to why this is also flawed. very strong language at the bottom of 404.
pg 406 Proposes looking at more industry specific stuff. Hooray!
social performance must be defined according to social context p407
excellent article - all the right things - points to moving away from CSP -FP and is very straight about it.
Friday 24th
bit of a waste yesterday - this Rebecca Hawkins - got to try to bin this whole thing.
No pointi ngoing there. Way out of my ballpark.
Lets get back to basics. Start with the lit review part 2, and start drilling into make these paragraphs bigger.
Experience - scales
Loyalty - wom, etc.
RT - what have we got?
need to have something for XF monday
No pointi ngoing there. Way out of my ballpark.
Lets get back to basics. Start with the lit review part 2, and start drilling into make these paragraphs bigger.
Experience - scales
Loyalty - wom, etc.
RT - what have we got?
need to have something for XF monday
Thursday 23 October 2008
Latest thursday 23rd
Getting abit all over the place. XF asked me to look at this rt critique for some project or other by end nov. I don't really like the idea of it, but some dosh has been mentioned. I really don't want to get side-tracked. but it is relevant and might actually open the door to some articles/ feedback I might not otherwise have received.
This week I still want to develop the plan for the lit review. I have something vaguely intelligible for the first bit, but need to develop the second. I see no reason why i can't have this done by w/e.
This week I still want to develop the plan for the lit review. I have something vaguely intelligible for the first bit, but need to develop the second. I see no reason why i can't have this done by w/e.
Tuesday 21 October 2008
Section one Lit review
The first section is really setting the scene within CSR.
Why?
We need to show what has been done in the past and how others have looked at the issue.
Ultimately we need to see some link between CSR as a whole and making money.
I want to show why this is not the best way to go about it.
The macro approach is flawed. (5000)
End of week realistic?
Why?
We need to show what has been done in the past and how others have looked at the issue.
Ultimately we need to see some link between CSR as a whole and making money.
I want to show why this is not the best way to go about it.
The macro approach is flawed. (5000)
End of week realistic?
Lit review
Started to look at very general stuff about 'alternative' tourism and leading into sustainable and responsible etc.
But called XF and we came up with a more interesting plan.
Idea is to have 2 sections to the lit review.
First part is to place the work within CSR (5000 words)
- looking at approaches to the business case for CSR
- why has there been so much work on this?
- what kind of rhetoric is used?
- in simple terms, why is it looked at in the way that it is? What are the consequnces of looking at it in this way? Very much a macro view as opposed to micro. What is gained by this method, what is lost?
- Will the Holy Grail ever be found?
Next part is to look at what I am proposing... (15000 words)
- really just looking at the angle I am going to look at
- why include what I am going to include?
Experience Economy (4000 words)
Responsible tourism (4000 words)
Loyalty (4000 words)
Introducing the model and why it offers strengths that other models do not.
Detailed critique of what is out there in terms of what has been done before.
Need to break down further to decide exactly what I want to say with each subsection.
But called XF and we came up with a more interesting plan.
Idea is to have 2 sections to the lit review.
First part is to place the work within CSR (5000 words)
- looking at approaches to the business case for CSR
- why has there been so much work on this?
- what kind of rhetoric is used?
- in simple terms, why is it looked at in the way that it is? What are the consequnces of looking at it in this way? Very much a macro view as opposed to micro. What is gained by this method, what is lost?
- Will the Holy Grail ever be found?
Next part is to look at what I am proposing... (15000 words)
- really just looking at the angle I am going to look at
- why include what I am going to include?
Experience Economy (4000 words)
Responsible tourism (4000 words)
Loyalty (4000 words)
Introducing the model and why it offers strengths that other models do not.
Detailed critique of what is out there in terms of what has been done before.
Need to break down further to decide exactly what I want to say with each subsection.
Monday 20 October 2008
Lit review
Think i need to get my head around exactly what a lit review is.
Look for a bit of info about what exactly it is, and then look for an angle.
I guess peopl have been looking for this angle for some time, but all the approaches are flawed. that is what i ultimately want to show.
CSR macro is flawed - what has been done by harold etc is flawed, what has been done by scalers and satisfaction is flawed (too mass), and so has the tack in general.
This wunder-answer that will show us that the world is great - to simple for the nuances of experince and RT. We need to look for indications and tendencies, not wunder-solutions.
So, should I be looking at just sticking these things in pigeon holes?
It would be easy, but i guess it will need to flow.
I guess first up - what is RT? Define, track, describe, RT
Then who uses it? Soft-adventure. What is soft adevnture, how big is the market? Do the parent companies have CSR policies? Where does CSR fit into things? Dead end.
Back to the product. Drill into the product -some part of it is RT?
Scales? Satisfaction?
More direct approaches? Where have RT studies placed RT?
Whay has this been flawed? Examples.
Experience.
Me!
Look for a bit of info about what exactly it is, and then look for an angle.
I guess peopl have been looking for this angle for some time, but all the approaches are flawed. that is what i ultimately want to show.
CSR macro is flawed - what has been done by harold etc is flawed, what has been done by scalers and satisfaction is flawed (too mass), and so has the tack in general.
This wunder-answer that will show us that the world is great - to simple for the nuances of experince and RT. We need to look for indications and tendencies, not wunder-solutions.
So, should I be looking at just sticking these things in pigeon holes?
It would be easy, but i guess it will need to flow.
I guess first up - what is RT? Define, track, describe, RT
Then who uses it? Soft-adventure. What is soft adevnture, how big is the market? Do the parent companies have CSR policies? Where does CSR fit into things? Dead end.
Back to the product. Drill into the product -some part of it is RT?
Scales? Satisfaction?
More direct approaches? Where have RT studies placed RT?
Whay has this been flawed? Examples.
Experience.
Me!
Friday 17 October 2008
Friday 17/10
Have a live version! Caught up with John N
sngogo is live!
sadly Jimbo is away til 27th monday. 1 week
This will allow me to get on top of next two priorities - 1. the lit review/ methodology 2. understanding what on earth I will do with this data.
Shouldn't be the end of the world. will work on a draft tonight. Lit review. What is it?
sngogo is live!
sadly Jimbo is away til 27th monday. 1 week
This will allow me to get on top of next two priorities - 1. the lit review/ methodology 2. understanding what on earth I will do with this data.
Shouldn't be the end of the world. will work on a draft tonight. Lit review. What is it?
Thursday 16 October 2008
Thursday 16/10
hockey yesterday
need to sharpen up on blogging
only takes two mins
managed to get snap survey up to date with all changes.
need to hunt down nightingale tomorrow
and then fire off an email to jimbo.
and start to work on this masterplan tomorrow.
need to sharpen up on blogging
only takes two mins
managed to get snap survey up to date with all changes.
need to hunt down nightingale tomorrow
and then fire off an email to jimbo.
and start to work on this masterplan tomorrow.
Tuesday 14 October 2008
tuesday 14/10
email john nightingale to check he is aboot
make changes to tool and update from what jimbo said
then email jim after changes have gone live, and ask him to give it the once over.
need to be sure of the changes first.
make changes to tool and update from what jimbo said
then email jim after changes have gone live, and ask him to give it the once over.
need to be sure of the changes first.
Monday 13/10
Had meet with XF - fairly positive - general feel of urgency and very little to stop the show.
Within one week - have instrument live - need to get in touch with John nightingale and JIM
make sure they are about.
And also start to think abou the natural progression of the whole shebang.
Why previous research has been flawed, where CSR fits in, when my models came from, whay they are better, etc.
Looking to start lit review and methodology, while waiting for data to come in.
Within one week - have instrument live - need to get in touch with John nightingale and JIM
make sure they are about.
And also start to think abou the natural progression of the whole shebang.
Why previous research has been flawed, where CSR fits in, when my models came from, whay they are better, etc.
Looking to start lit review and methodology, while waiting for data to come in.
Friday 10 October 2008
friday 10/10
need to finish up looking at Prentice - i feel i am onto something very strong to back up what i am talking about re: the summer.
Gaze - visuals romance - education
and critically they touch upon something greater linked to personal links and conscience.
I will elaborate and propose itmes for the cale - then need to move onto RT model.
big day.
need to get car. work from home.
Gaze - visuals romance - education
and critically they touch upon something greater linked to personal links and conscience.
I will elaborate and propose itmes for the cale - then need to move onto RT model.
big day.
need to get car. work from home.
Thursday 9 October 2008
Thursday 9/10
picked up maccanell - the tourist - but don't want to get bogged down in too much detail.
it is important to define the stage and why pine and gilmore is relevant - i.e. the breakdown of the experience, and this will come.
the real nitty gritty needs to be looked at today. what exactly are pine and gilmore getting at, and what is it that i can take and work with?
how much leeway do i have?
today is crucial to producing for monday.
it is important to define the stage and why pine and gilmore is relevant - i.e. the breakdown of the experience, and this will come.
the real nitty gritty needs to be looked at today. what exactly are pine and gilmore getting at, and what is it that i can take and work with?
how much leeway do i have?
today is crucial to producing for monday.
Wednesday 8 October 2008
wednesday update
varsity today -
need to finish up cit to some degree
and then start to pick up on the experience model - pulling it apart, putting it back toghether, and writing it up.
no worries.
fairly spaced out - have some sort of spiel about cit - need to concise for monday
starting to get into pine and gilmore a little - will pick up book on way home
take a brief look at Maccannell as well.
3/10 need to knuckle down tomorrow to pull this model apart.
need to finish up cit to some degree
and then start to pick up on the experience model - pulling it apart, putting it back toghether, and writing it up.
no worries.
fairly spaced out - have some sort of spiel about cit - need to concise for monday
starting to get into pine and gilmore a little - will pick up book on way home
take a brief look at Maccannell as well.
3/10 need to knuckle down tomorrow to pull this model apart.
Tuesday 7 October 2008
Goals for Tuesday
Print off the instrument and chart exactly what it is trying to ask...
Looking at the three different aspects.
3 tools.
Factor analysis will need to be addressed soon.
Best to look for close allignment with the original experience model.
outline the rationale for using this model - what am i trying to answer - what is the gap?
Clear breakdown of the SNAP model. where does it breadown? do i actually understand where the analysis comes from??
by the end of the day, at least something to think around...
Update by 5pm.
Well, turns out I have 4 different aspects - forget about loyalty aspect.
I have started to put togehter a document regarding the four different themes.
I have managed to local the main articles for 3 I think (RT - does not really have any).
Going to start to add more text
Have printed the snap survey and will beging to delve into it tomorrow.
Tuesday - 6/10
Looking at the three different aspects.
3 tools.
Factor analysis will need to be addressed soon.
Best to look for close allignment with the original experience model.
outline the rationale for using this model - what am i trying to answer - what is the gap?
Clear breakdown of the SNAP model. where does it breadown? do i actually understand where the analysis comes from??
by the end of the day, at least something to think around...
Update by 5pm.
Well, turns out I have 4 different aspects - forget about loyalty aspect.
I have started to put togehter a document regarding the four different themes.
I have managed to local the main articles for 3 I think (RT - does not really have any).
Going to start to add more text
Have printed the snap survey and will beging to delve into it tomorrow.
Tuesday - 6/10
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