Paper Title
Dynamics of Stakeholders' Implication in the Instiutinalization of CSR Field in France and the US
Start Date
15-7-2011 2:45 PM
End Date
15-7-2011 4:15 PM
Description
This study supports the idea that fields form around issues and describes the role of various stakeholders in structuring, shaping and legitimating the emerging field of Corporate Social Responsibility (CSR). A model of institutional history of the CSR field is outlined, of which a key stage is the appearance of CSR rating agencies as the main key players and Institutional Entrepreneurs of the field. We show to which extent the creation and further development of CSR rating agencies and the activism of other significant stakeholders of the field, typically portrayed as „standard setters‟ and „regulatory agents‟ contribute to the institutionalization of CSR. With this respect, among various stakeholders that legitimate the field of CSR we present the efforts of global and local stakeholders such as European Union, United Nations, International Organization for Standardization and governments and their interactions. We suggest that the different paths of CSR development and institutionalization in France and in the US depend on the nature of local and global stakeholders‟ involvement in this process and their interactions.
COinS
Dynamics of Stakeholders' Implication in the Instiutinalization of CSR Field in France and the US
This study supports the idea that fields form around issues and describes the role of various stakeholders in structuring, shaping and legitimating the emerging field of Corporate Social Responsibility (CSR). A model of institutional history of the CSR field is outlined, of which a key stage is the appearance of CSR rating agencies as the main key players and Institutional Entrepreneurs of the field. We show to which extent the creation and further development of CSR rating agencies and the activism of other significant stakeholders of the field, typically portrayed as „standard setters‟ and „regulatory agents‟ contribute to the institutionalization of CSR. With this respect, among various stakeholders that legitimate the field of CSR we present the efforts of global and local stakeholders such as European Union, United Nations, International Organization for Standardization and governments and their interactions. We suggest that the different paths of CSR development and institutionalization in France and in the US depend on the nature of local and global stakeholders‟ involvement in this process and their interactions.