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Corporate governance in the debate on CSR and ethics: sensemaking of social issues in management by authorities and CEOs

Yves Fassin UGent and Annick Van Rossem (2009) CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW. 17(5). p.573-593
abstract
Empirical Research Question/Issue: The goal of the present exploratory cognitive study is to uncover how opinion leaders - CEOs and other authorities in the domain of social issues in management - understand and differentiate the various concepts pertaining to corporate governance, corporate social responsibility (CSR), and business ethics. The present study with the Repertory Grid Technique (RGT) extends the analysis to the whole spectrum of social issues in management. For this research 41 RGT interviews were conducted in Belgium with top experts and CEOs of the Belgian economy and civil society. Research Findings/Results: Both authorities and CEOs pragmatically and rather clearly differentiate the various concepts related to corporate governance, CSR, and business ethics. Our findings partially reject the confusion in terminology noticed in recent academic literature and in corporate communication, emphasizing increased vagueness and overlapping of the concepts around corporate governance, CSR, and business ethics. Theoretical Implications: While CSR is seen as the best candidate for an umbrella term, no unified paradigm has yet to be achieved in the business and social field. Three basic concepts of corporate responsibility, corporate governance, and business ethics emerge as being complementary. Corporate governance has acquired an important place in the hierarchy of business and society concepts. Practical Implications: Corporations cannot restrict their actions and communication regarding social issues in management to one single domain. Several complementary issues have to be addressed simultaneously. This combined multi-dimensional approach will result in mutual reinforcements of the message.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
keyword
PERSPECTIVES, ORGANIZATIONS, MODEL, RESPONSIBILITY, REPERTORY GRIDS, BUSINESS ETHICS, HUMAN-RESOURCE MANAGEMENT, CEO, Repertory Grid Technique, Cognition, Sensemaking, Business Ethics, Corporate Social Responsibility, Corporate Governance, STAKEHOLDERS, SUSTAINABILITY, FASHIONS
journal title
CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW
Corp. Gov.
volume
17
issue
5
pages
573 - 593
Web of Science type
article
Web of Science id
000269675100005
JCR category
BUSINESS
JCR impact factor
2.068 (2009)
JCR rank
22/87 (2009)
JCR quartile
2 (2009)
ISSN
0964-8410
DOI
10.1111/j.1467-8683.2009.00738.x
language
English
UGent publication?
yes
classification
A1
id
958138
handle
http://hdl.handle.net/1854/LU-958138
date created
2010-05-28 15:05:37
date last changed
2015-06-17 11:26:06
@article{958138,
  abstract     = {Empirical Research Question/Issue: The goal of the present exploratory cognitive study is to uncover how opinion leaders - CEOs and other authorities in the domain of social issues in management - understand and differentiate the various concepts pertaining to corporate governance, corporate social responsibility (CSR), and business ethics. The present study with the Repertory Grid Technique (RGT) extends the analysis to the whole spectrum of social issues in management. For this research 41 RGT interviews were conducted in Belgium with top experts and CEOs of the Belgian economy and civil society. Research Findings/Results: Both authorities and CEOs pragmatically and rather clearly differentiate the various concepts related to corporate governance, CSR, and business ethics. Our findings partially reject the confusion in terminology noticed in recent academic literature and in corporate communication, emphasizing increased vagueness and overlapping of the concepts around corporate governance, CSR, and business ethics. Theoretical Implications: While CSR is seen as the best candidate for an umbrella term, no unified paradigm has yet to be achieved in the business and social field. Three basic concepts of corporate responsibility, corporate governance, and business ethics emerge as being complementary. Corporate governance has acquired an important place in the hierarchy of business and society concepts. Practical Implications: Corporations cannot restrict their actions and communication regarding social issues in management to one single domain. Several complementary issues have to be addressed simultaneously. This combined multi-dimensional approach will result in mutual reinforcements of the message.},
  author       = {Fassin, Yves and Van Rossem, Annick},
  issn         = {0964-8410},
  journal      = {CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW},
  keyword      = {PERSPECTIVES,ORGANIZATIONS,MODEL,RESPONSIBILITY,REPERTORY GRIDS,BUSINESS ETHICS,HUMAN-RESOURCE MANAGEMENT,CEO,Repertory Grid Technique,Cognition,Sensemaking,Business Ethics,Corporate Social Responsibility,Corporate Governance,STAKEHOLDERS,SUSTAINABILITY,FASHIONS},
  language     = {eng},
  number       = {5},
  pages        = {573--593},
  title        = {Corporate governance in the debate on CSR and ethics: sensemaking of social issues in management by authorities and CEOs},
  url          = {http://dx.doi.org/10.1111/j.1467-8683.2009.00738.x},
  volume       = {17},
  year         = {2009},
}

Chicago
Fassin, Yves, and Annick Van Rossem. 2009. “Corporate Governance in the Debate on CSR and Ethics: Sensemaking of Social Issues in Management by Authorities and CEOs.” Corporate Governance-an International Review 17 (5): 573–593.
APA
Fassin, Y., & Van Rossem, A. (2009). Corporate governance in the debate on CSR and ethics: sensemaking of social issues in management by authorities and CEOs. CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 17(5), 573–593.
Vancouver
1.
Fassin Y, Van Rossem A. Corporate governance in the debate on CSR and ethics: sensemaking of social issues in management by authorities and CEOs. CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW. 2009;17(5):573–93.
MLA
Fassin, Yves, and Annick Van Rossem. “Corporate Governance in the Debate on CSR and Ethics: Sensemaking of Social Issues in Management by Authorities and CEOs.” CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW 17.5 (2009): 573–593. Print.