Shaping or Shaking Trust in Corporate Responsibility Strategies: The Role of Financialization PracticesDate submitted: September 30, 2017Revised version accepted after double blind review: October 23, 2018

IF 7.6 0 MANAGEMENT
J. Beyer, Simon Dabrowski, F. Lottermoser, K. Senge
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引用次数: 0

Abstract

Managerial trust in a corporate responsibility strategy can be a precondition for the progressive implementation of social and ecological activities. Our findings show that the financialization of corporate responsibility activities can help overcome institutional incomplementarity between the logic of social responsibility and the dominant financial logic to build and strengthen managerial trust and facilitate implementation. This trust, however, is precarious and requires constant management. Moreover, financialization practices lead to selective implementation of corporate responsibility activities, which may lead to mistrust amongst external stakeholders. Thus, the financialization of corporate responsibility is highly ambivalent by shaping trust amongst internal stakeholders, but shaking trust amongst external stakeholders. Findings are based on quantitative and qualitative data derived from 25 interviews with experts employed by Germany’s largest publicly traded companies in 2016 and 2017, as well as an online survey of managers employed by 88 German companies listed on the DAX/MDAX/TecDAX stock indices in 2016.
塑造或动摇企业责任战略中的信任:金融化实践的作用交稿日期:2017年9月30日双盲审稿时间:2018年10月23日
管理层对企业责任战略的信任可以成为逐步实施社会和生态活动的先决条件。研究结果表明,企业责任活动的金融化有助于克服社会责任逻辑与占主导地位的财务逻辑之间的制度不互补性,从而建立和加强管理层信任,促进企业责任活动的实施。然而,这种信任是不稳定的,需要不断的管理。此外,金融化实践导致企业责任活动的选择性实施,这可能导致外部利益相关者之间的不信任。因此,企业责任的金融化是高度矛盾的,它塑造了内部利益相关者之间的信任,但却动摇了外部利益相关者之间的信任。研究结果基于对2016年和2017年德国最大上市公司雇佣的专家进行的25次访谈,以及对2016年DAX/MDAX/TecDAX股票指数上市的88家德国公司雇佣的经理进行的在线调查,得出了定量和定性数据。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Management Revue
Management Revue MANAGEMENT-
CiteScore
1.20
自引率
0.00%
发文量
7
期刊介绍: Management Revue - Socio-Economic Studies is an interdisciplinary European journal that undergoes peer review. It publishes qualitative and quantitative work, along with purely theoretical papers, contributing to the study of management, organization, and industrial relations. The journal welcomes contributions from various disciplines, including business and public administration, organizational behavior, economics, sociology, and psychology. Regular features include reviews of books relevant to management and organization studies. Special issues provide a unique perspective on specific research fields. Organized by selected guest editors, each special issue includes at least two overview articles from leaders in the field, along with at least three new empirical papers and up to ten book reviews related to the topic. The journal aims to offer in-depth insights into selected research topics, presenting potentially controversial perspectives, new theoretical insights, valuable empirical analysis, and brief reviews of key publications. Its objective is to establish Management Revue - Socio-Economic Studies as a top-quality symposium journal for the international academic community.
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