The effects of strategic planning and firm culture on CSR

Scholars have paid considerable attention to studying the relationship between corporate socialresponsibility (CSR) and firm performance. However, little research demonstrates what actuallyshapes or drives effective CSR in the first place. This paper builds a case that comprehensivestrategic plannin...

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Main Author: Galbreath, Jeremy
Format: Working Paper
Published: Curtin Univeristy of Technology 2007
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/39533
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author Galbreath, Jeremy
author_facet Galbreath, Jeremy
author_sort Galbreath, Jeremy
building Curtin Institutional Repository
collection Online Access
description Scholars have paid considerable attention to studying the relationship between corporate socialresponsibility (CSR) and firm performance. However, little research demonstrates what actuallyshapes or drives effective CSR in the first place. This paper builds a case that comprehensivestrategic planning is one such driver in that it creates awareness of and formulates responses to afirm's stakeholders, thereby facilitating CSR activity. However, exploring single variablerelationships is problematic, as other important endogenous factors need to be givenconsideration in explaining CSR. More specifically, evidence suggests that firm culture canfacilitate or hinder a firm's strategic actions. One such cultural factor, humanistic culture, isargued to have a positive effect on CSR. By studying a sample of firms in Australia, resultsdemonstrate that a comprehensive strategic planning effort is positively related to CSR. Ashypothesized, a humanistic culture adds significant variance in predicting CSR, after accountingfor a firm's comprehensive strategic planning efforts.
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spelling curtin-20.500.11937-395332017-01-30T14:34:39Z The effects of strategic planning and firm culture on CSR Galbreath, Jeremy strategic planning Corporate social responsibility firm competitiveness firm culture stakeholders Scholars have paid considerable attention to studying the relationship between corporate socialresponsibility (CSR) and firm performance. However, little research demonstrates what actuallyshapes or drives effective CSR in the first place. This paper builds a case that comprehensivestrategic planning is one such driver in that it creates awareness of and formulates responses to afirm's stakeholders, thereby facilitating CSR activity. However, exploring single variablerelationships is problematic, as other important endogenous factors need to be givenconsideration in explaining CSR. More specifically, evidence suggests that firm culture canfacilitate or hinder a firm's strategic actions. One such cultural factor, humanistic culture, isargued to have a positive effect on CSR. By studying a sample of firms in Australia, resultsdemonstrate that a comprehensive strategic planning effort is positively related to CSR. Ashypothesized, a humanistic culture adds significant variance in predicting CSR, after accountingfor a firm's comprehensive strategic planning efforts. 2007 Working Paper http://hdl.handle.net/20.500.11937/39533 Curtin Univeristy of Technology fulltext
spellingShingle strategic planning
Corporate social responsibility
firm competitiveness
firm culture
stakeholders
Galbreath, Jeremy
The effects of strategic planning and firm culture on CSR
title The effects of strategic planning and firm culture on CSR
title_full The effects of strategic planning and firm culture on CSR
title_fullStr The effects of strategic planning and firm culture on CSR
title_full_unstemmed The effects of strategic planning and firm culture on CSR
title_short The effects of strategic planning and firm culture on CSR
title_sort effects of strategic planning and firm culture on csr
topic strategic planning
Corporate social responsibility
firm competitiveness
firm culture
stakeholders
url http://hdl.handle.net/20.500.11937/39533