How Do Employees Perceive Corporate Responsibility? Development and Validation of a Multidimensional Corporate Stakeholder Responsibility Scale
Université Toulouse-I-Capitole · City, University of London · +3 more institutions
Abstract
Recent research on the microfoundations of corporate social responsibility (CSR) has highlighted the need for improved measures to evaluate how stakeholders perceive and subsequently react to CSR initiatives. Drawing on stakeholder theory and data from five samples of employees (N = 3,772), the authors develop and validate a new measure of corporate stakeholder responsibility (CStR), which refers to an organization’s context-specific actions and policies designed to enhance the welfare of various stakeholder groups by accounting for the triple bottom line of economic, social, and environmental performance; it is conceptualized as a superordinate, multidimensional construct. Results from exploratory factor…
Citation impact
- FWCI
- 45.58
- Percentile
- 100%
- References
- 134
Authors
5Topics & keywords
- Corporate social responsibility
- Stakeholder
- Confirmatory factor analysis
- Psychology
- Microfoundations
- Stakeholder theory
- Construct (python library)
- Structural equation modeling
- Climate action