Shareholder Influence on CSR: A Study of the Swedish Corporate Sector
There is a growing expectation that shareholders can foster corporate social responsibility (CSR) through engagement activities. The aim of this study is therefore to explore the influence that shareholders have on corporations in terms of CSR. The study, which is set in Sweden, finds that corporations themselves do not perceive shareholders to have a significant direct influence on how they address CSR. At the same time, corporations find socially minded shareholders to be legitimate and important stakeholders. Corporations find that shareholders amplify general stakeholder pressure in the area of CSR, and that they can function as a catalyst for CSR by adding legitimacy to the work of CSR professionals. The one area where shareholders stand out as having a direct influence on CSR is with regard to corporate transparency and CSR reporting.
|Date of creation:||05 Jun 2009|
|Date of revision:||04 Dec 2009|
|Contact details of provider:|| Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, SE 113 83 Stockholm, Sweden|
Phone: +46-(0)8-736 90 00
Fax: +46-(0)8-31 01 57
Web page: http://www.hhs.se/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hhb:hastba:2009_013. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helena Lundin)
If references are entirely missing, you can add them using this form.