1. bookVolume 64 (2018): Issue 3 (September 2018)
Journal Details
First Published
22 Feb 2015
Publication timeframe
4 times per year
Open Access

Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Published Online: 25 Sep 2018
Volume & Issue: Volume 64 (2018) - Issue 3 (September 2018)
Page range: 36 - 46
Received: 01 Jun 2018
Accepted: 01 Aug 2018
Journal Details
First Published
22 Feb 2015
Publication timeframe
4 times per year

Aguilera, R. V., Filatotchev, I., Gospel, H., & Jackson, G. (2008). An organizational approach to comparative corporate governance: Costs, contingencies, and complementarities. Organization Science, 19(3), 475–492. https://doi.org/10.1287/orsc.1070.032210.1287/orsc.1070.0322Open DOISearch in Google Scholar

Aguilera, R. V., Williams, C. A., Conley, J. M., & Rupp, D. E. (2006). Corporate governance and social responsibility: A comparative analysis of the UK and the US. Corporate Governance: An International Review, 14(3), 147–158. https://doi.org/10.1111/j.1467-8683.2006.00495.x10.1111/j.1467-8683.2006.00495.xOpen DOISearch in Google Scholar

Aguilera, R.V., Desender, K., Bednar, M. K., & Lee, J. H. (2015). Connecting the dots: Bringing external corporate governance into the corporate governance puzzle. The Academy of Management Annals, 9(1), 483–573. https://doi.org/10.5465/19416520.2015.102450310.5465/19416520.2015.1024503Open DOISearch in Google Scholar

Aguinis, H., & Glavas, A. (2012). What we know and don’t know about corporate social responsibility: A review and research agenda. Journal of Management, 38(4), 932–968. https://doi.org/10.1177/014920631143607910.1177/0149206311436079Open DOISearch in Google Scholar

Arora, P., & Dharwadkar, R. (2011). Corporate governance and corporate social responsibility (CSR): The moderating roles of attainment discrepancy and organization slack. Corporate Governance: An International Review, 19(2), 136–152. https://doi.org/10.1111/j.1467-8683.2010.00843.x10.1111/j.1467-8683.2010.00843.xOpen DOISearch in Google Scholar

Babić, V., & Nikolić, J. (2016). Key factors of corporate governance model development in transition economies. Theme, XL(2), 747-761.Search in Google Scholar

Babić, V. (2010). Corporate governance in transition economies. Theme, 34(2), 555-568.Search in Google Scholar

Babić, V., Nikolić, J., & Erić, J. (2011). Rethinking the performance of board roles: Toward an integrative model. Economic Annals, LVI(190), 140-162. https://doi.org/10.2298/EKA1190140B10.2298/EKA1190140Open DOISearch in Google Scholar

Babić, V., Nikolić, J., & Erić, J. (2013). Board Structure and Corporate Performance: Traditional vs. Contemporary Approach. In V. Babić (Ed.), Contemporary Issues in Economics, Business and Management (pp. 49-61). Kragujevac: Ekonomski fakultet Univerziteta u KragujevcuSearch in Google Scholar

Bichta, C. (2016). Corporate social responsibility a role in government policy and regulation? Retrieved from http://www.bath.ac.uk/management/cri/pubpdf/Research_Reports/16_Bichta.pdfSearch in Google Scholar

Block, D., & Gerstner, A. M. (2016). One-tier vs. two-tier board structure: A comparison between United States and Germany. Retrieved from http://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=1001&context=fisch_2016Search in Google Scholar

Checkland, P. (1981). Systems Thinking, Systems Practice. Chichester: J. WileySearch in Google Scholar

Crecpi, R., & Renneboog, L. (2010). (Institutional) shareholder activism new? Evidence from UK shareholder coalitions in the pre-Cadbury era. Corporate Governance: An International Review, 18(4), 274-295. https://doi.org/10.1111/j.1467-8683.2010.00795.x10.1111/j.1467-8683.2010.00795.xOpen DOISearch in Google Scholar

Daily, C. M., Dalton, D. R., & Cannella, A. A. (2003). Corporate governance: Decades of dialogue and data. Academy of Management Review, 28(3), 371–382. https://doi.org/10.5465/amr.2003.1019670310.5465/amr.2003.10196703Open DOISearch in Google Scholar

Dam, L., & Scholtens, B. (2012). Does ownership type matter for corporate social responsibility? Corporate Governance: An International Review, 20(3), 233–252. https://doi.org/10.1111/j.1467-8683.2011.00907.x10.1111/j.1467-8683.2011.00907.xOpen DOISearch in Google Scholar

Dam, L., & Scholtens, B. (2013). Ownership concentration and CSR policy of European multinational enterprises. Journal of Business Ethics, 118(1), 117–126. https://doi.org/10.1007/s10551-012-1574-110.1007/s10551-012-1574-1Open DOISearch in Google Scholar

Denis, D., & McConnell, J. (2003). International corporate governance. Journal of Financial and Quantitative Analysis, 38(1), 1–36. https://doi.org/10.2307/412676210.2307/4126762Open DOISearch in Google Scholar

Devinney, T. M. (2009). Is the socially responsible corporation a myth? The good, the bad, and the ugly of corporate social responsibility. Academy of Management Perspectives, 23, 44–56. https://doi.org/10.5465/amp.2009.3998554010.5465/amp.2009.39985540Open DOISearch in Google Scholar

Devinney, T., Schwalbach, J., & Williams, C. (2013). Corporate social responsibility and corporate governance: Comparative perspectives. Corporate Governance: An International Review, 21(5), 413–419. https://doi.org/10.1111/corg.1204110.1111/corg.12041Open DOISearch in Google Scholar

Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. Journal of Law and Economics, 26(2), 301-326. https://doi.org/10.1086/46703710.1086/467037Open DOISearch in Google Scholar

Fernandez-Feijoo, B., Romero, S., & Ruiz-Blanco, S. (2014). Women on boards: Do they affect sustainability reporting? Corporate Social Responsibility and Environmental Management, 21(6), 351–364. https://doi.org/10.1002/csr.132910.1002/csr.1329Open DOISearch in Google Scholar

Freeman, R. E. (1999). Divergent stakeholder theory. Academy of Management Review, 24(2), 233-236. https://doi.org/10.5465/amr.1999.189393210.5465/amr.1999.1893932Open DOISearch in Google Scholar

Harjoto, M. A., & Jo, H. (2011). Corporate governance and CSR nexus. Journal of Business Ethics, 100(1), 45–67. https://doi.org/10.1007/s10551-011-0772-610.1007/s10551-011-0772-6Open DOISearch in Google Scholar

Huang, C. J. (2010). Corporate governance, corporate social responsibility and corporate performance. Journal of Management & Organization, 16(5), 641–655. https://doi.org/10.1017/S183336720000178410.1017/S1833367200001784Open DOISearch in Google Scholar

Huse, M. (2007). Boards, Governance and Value Creation: The Human side of corporate governance. Cambridge: Cambridge University Press https://doi.org/10.1017/CBO978051161107010.1017/CBO9780511611070Open DOISearch in Google Scholar

Ioannou, I., & Serafeim, G. (2012). What drives corporate social performance? The role of nation-level institutions. Journal of International Business Studies, 43(9), 834-864. https://doi.org/10.1057/jibs.2012.2610.1057/jibs.2012.26Open DOISearch in Google Scholar

ISO (2010). ISO 26000:2010 ISO. International Organization for Standardization, Retrieved from www.iso.org/iso/social_responsibilitySearch in Google Scholar

Jain, T., & Jamali, D. (2016). Looking inside the black box: The effect of corporate governance on corporate social responsibility. Corporate Governance: An International Review, 24(3), 253–273. https://doi.org/10.1111/corg.1215410.1111/corg.12154Open DOISearch in Google Scholar

Jamali, D., Hallal, M., & Abdallah, H. (2010). Corporate governance and corporate social responsibility: evidence from the healthcare sector. Corporate Governance, 10(5), 590-602. https://doi.org/10.1108/1472070101108556210.1108/14720701011085562Open DOISearch in Google Scholar

Jamali, D., Safieddine, A., & Rabbath, M. (2008). Corporate governance and corporate social responsibility: Synergies and interrelationships. Corporate Governance: An International Review, 16(5), 443–459. https://doi.org/10.1111/j.1467-8683.2008.00702.x10.1111/j.1467-8683.2008.00702.xOpen DOISearch in Google Scholar

Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economic, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X10.1016/0304-405X(76)90026-XOpen DOISearch in Google Scholar

La Porta, R., López de Silanes, F., & Shleifer, A. (1999). Corporate ownership around the world. Journal of Finance, 54(2), 471–517. https://doi.org/10.1111/0022-1082.0011510.1111/0022-1082.00115Open DOISearch in Google Scholar

Lane, D. (2008). The emergence and use of diagramming in system dynamics: A critical account. Systems Research and Behavioral Science, 25(1), 3-23. https://doi.org/10.1002/sres.82610.1002/sres.826Open DOISearch in Google Scholar

Larcker, D., & Tayan, B. (2011). Corporate governance matters: A closer look at organizational choices and their consequences. New Yersey: Pearson Education, Inc.Search in Google Scholar

Lebe, S. S., & Mulej, M., guest-editors and authors, with coauthors (2014). Social responsibility and holism in tourism. Kybernetes, 43(3-4), 346-666.Search in Google Scholar

Mallin, C. A., Michelon, G., & Raggi, D. (2013). Monitoring intensity and stakeholders’ orientation: How does governance affect social and environmental disclosure? Journal of Business Ethics, 114(1), 29–43. https://doi.org/10.1007/s10551-012-1324-410.1007/s10551-012-1324-4Open DOISearch in Google Scholar

Maon, F., Lindgreen, A., & Swaen, V. (2008). Thinking of the organization as a system: The role of managerial perceptions in developing a corporate social responsibility strategic agenda. Systems Research and Behavioral Science, 25, 413-426. https://doi.org/10.1002/sres.90010.1002/sres.900Open DOISearch in Google Scholar

Monks, R., & Minow, N. (2002). Corporate Governance. Oxford: Blackwell PublishingSearch in Google Scholar

Morgan, S. (2009). The impact of corporate social responsibility on mergers and acquisition. Oregon: Oregon State University - University Honors College, CorvallisSearch in Google Scholar

Mulej, M. (1974). Dialektična teorija sistemov in ljudski reki (in Slovene: The Dialectical Systems Theory and Proverbs). Naše gospodarstvo, 21(3-4), 207-212.Search in Google Scholar

Mulej, M. (2000). Dialektična in druge mehkosistemske teorije (In Slovene: The Dialectical and Other Soft-Systems Theories). Maribor: University of Maribor, Faculty of Economics and BusinessSearch in Google Scholar

Mulej, M. & (by ABC order): S. Božičnik, V. Čančer, A. Hrast, T. Jere Lazanski, K. Jurše, Š. Kajzer, J. Knez-Riedl, T. Mlakar, N. Mulej, V. Potočan, F. Risopoulos, B. Rosi, G. Steiner, T. Štrukelj, D. Uršič, Z. Ženko (2013a). Dialectical Systems Thinking and the Law of Requisite Holism Concerning Innovation. Litchfield Park, AZ: Emergent PublicationSearch in Google Scholar

Mulej, M., Hrast, A., & Ženko, Z. guest-editors and authors, with coauthors (2013b). Social responsibility – measures and measurement. Systems Practice and Action Research, 26(6), 471-588. https://doi.org/10.1007/s11213-013-9297-510.1007/s11213-013-9297-5Open DOISearch in Google Scholar

Mulej, M., Hrast, A., & Dyck, R., guest-editors and authors, with coauthors (2015). Social responsibility – a new socio-economic order. Systems Research and Behavioral Science, 32(2),147-264 https://doi.org/10.1002/sres.225310.1002/sres.2253Open DOISearch in Google Scholar

Neubaum, D. O., & Zahra, S. A. (2006). Institutional ownership and corporate social performance: The moderating effects of investment horizon, activism, and coordination. Journal of Management, 32(1), 108–131. https://doi.org/10.1177/014920630527779710.1177/0149206305277797Open DOISearch in Google Scholar

Nikolić, J., & Babić, V. (2016). The implications of ownership concentration for shareholder protection and strategic decision-making. Economic Annals, LXI(211), 47-76. https://doi.org/10.2298/EKA1611069N10.2298/EKA1611069Open DOISearch in Google Scholar

Rees, W., & Rodionova, T. (2015). The influence of family ownership on corporate social responsibility: An international analysis of publicly listed companies. Corporate Governance: an International Review, 23(3), 184-202. https://doi.org/10.1111/corg.1208610.1111/corg.12086Open DOISearch in Google Scholar

Sánchez, J. L. F., Sotorrío, L. L., & Díez, E. B. (2011). The relationship between corporate governance and corporate social behavior: a structural equation model analysis. Corporate Social Responsibility and Environmental Management, 18(2), 91-101. https://doi.org/10.1002/csr.24410.1002/csr.244Open DOISearch in Google Scholar

Savović, S. (2012). The importance of post-acquisition integration for value creation and success of mergers and acquisitions. Economic Horizons, 14(3), 193-205. https://doi.org/10.5937/ekonhor1203193S10.5937/ekonhor1203193SOpen DOISearch in Google Scholar

Shleifer, A., & Vishny, R. (1997). A survey of corporate governance. Journal of Finance, 52(2), 737–783. https://doi.org/10.1111/j.1540-6261.1997.tb04820.x10.1111/j.1540-6261.1997.tb04820.xOpen DOISearch in Google Scholar

Sjöström, E. (2008). Shareholder activism for corporate social responsibility: What do we know? Sustainable Development, 16(3), 141–154. https://doi.org/10.1002/sd.36110.1002/sd.361Open DOISearch in Google Scholar

Stojanović-Aleksić, V., Erić-Nilesen, J., & Bošković, A. (2016). Social responsibility in the banking sector: Experience from Serbia. Bankarstvo, 45(2), 35-55. https://doi.org/10.5937/bankarstvo1602034S10.5937/bankarstvo1602034SOpen DOISearch in Google Scholar

Tricker, B. (2009). Corporate Governance: Principles, Policies and Practices. New York: Oxford University Press, Inc.Search in Google Scholar

Windsor, D. (2006). Corporate social responsibility: Three key approaches. Journal of Management Studies, 43(1), 93–114. https://doi.org/10.1111/j.1467-6486.2006.00584.x10.1111/j.1467-6486.2006.00584.xOpen DOISearch in Google Scholar

Yoshikawa, T., & Rasheed, A. (2009). Convergence of corporate governance: Critical review and future directions. Corporate Governance: An International Review, 17(3), 388–404. https://doi.org/10.1111/j.1467-8683.2009.00745.x10.1111/j.1467-8683.2009.00745.xOpen DOISearch in Google Scholar

Ženko, Z., & Mulej, M. (2011). Diffusion of innovative behaviour with social responsibility. Kybernetes, 40(9/10), 1258-1272. https://doiorg/10.1108/0368492111116937810.1108/03684921111169378Search in Google Scholar

Ženko, Z., Hrast, A., & Mulej, M. (2013). Social responsibility: Measures and measurement as a basis for organizational systemic action. Systemic Practice and Action Research, 26, 475-484. https://doi.org/10.1007/s11213-013-9306-810.1007/s11213-013-9306-8Open DOISearch in Google Scholar

Zhang, J. Q., Zhu, H., & Ding, H. (2013). Board composition and corporate social responsibility: An empirical investigation in the post Sarbanes-Oxley era. Journal of Business Ethics, 114(3), 381–392. https://doi.org/10.1007/s10551-012-1352-010.1007/s10551-012-1352-0Open DOISearch in Google Scholar

Zhang, R., Rezaee, Z., & Zhu, J. (2010). Corporate philanthropic disaster response and ownership type: Evidence from Chinese firms’ response to the Sichuan earthquake. Journal of Business Ethics, 91, 51–63. https://doi.org/10.1007/s10551-009-0067-310.1007/s10551-009-0067-3Open DOISearch in Google Scholar

Zlatanović, D. (2012). System dynamics models in management problems solving. Economic Horizons, 14(1), 25-38.Search in Google Scholar

Zlatanović, D. (2015). A holistic approach to corporate social responsibility as a prerequisite for sustainable development: empirical evidence. Economic Annals, LX(207), 69-94. https://doi.org/10.2298/EKA1507069Z10.2298/EKA1507069ZOpen DOISearch in Google Scholar

Zlatanović, D., & Mulej, M. (2015). Soft-systems approaches to knowledge-cum-values management as innovation drivers. Baltic Journal of Management, 10(4), 497-518. https://doi.org/10.1108/BJM-01-2015-001510.1108/BJM-01-2015-0015Open DOISearch in Google Scholar

Recommended articles from Trend MD

Plan your remote conference with Sciendo