The Influence of Self-Regulation and Stakeholder Theories on Corporate Social Responsibility (CSR)

The review of the CSR literature in this paper revealed certain gaps in available knowledge. Thus, there is uncertainty regarding the actual spread of CSR activities; disagreement on the value of business case for CSR; and controversy over what drives firms to voluntarily adopt a CSR practice. This situation calls on researchers to investigate the actual policies and practices used by managers when addressing their companies’ social and environmental responsibilities. This section seeks to develop a theoretical framework that will enable this study to empirically scrutinize theory and produce findings that advance existing knowledge on the topic.