Corporate Social Responsibility in Challenging and Non-Enabling Contexts: Do institutional voids matter?
Amaeshi, Kenneth; Adegbite, Emmanuel; Rajwani, Tazeeb
EMMANUEL ADEGBITE Emmanuel.Adegbite@nottingham.ac.uk
Professor in Accounting Andcorporate Governance
The extant literature on comparative Corporate Social Responsibility (CSR) often assumes functioning and enabling institutional arrangements, such as strong government, market, and civil society, as a necessary condition for responsible business practices. Setting aside this dominant assumption, and drawing insights from a case study of Fidelity Bank, Nigeria, we explore why and how firms still pursue and enact responsible business practices in what could be described as challenging and non-enabling institutional contexts for CSR. Our findings suggest that responsible business practices in such contexts are often anchored on some CSR adaptive mechanisms. These mechanisms uniquely complement themselves and inform CSR strategies. The CSR adaptive mechanisms and strategies, in combination and in complementarity, then act as an institutional buffer (i.e. 'institutional immunity'), which enables firms to successfully engage in responsible practices irrespective of their weak institutional settings. We leverage this understanding to contribute to CSR in developing economies, often characterised by challenging and non-enabling institutional contexts. The research, policy and practice implications are also discussed.
|Journal Article Type||Article|
|Publication Date||Mar 10, 2016|
|Peer Reviewed||Peer Reviewed|
|APA6 Citation||Amaeshi, K., Adegbite, E., & Rajwani, T. (2016). Corporate Social Responsibility in Challenging and Non-Enabling Contexts: Do institutional voids matter?. Journal of Business Ethics, 134(1), 135-153. doi:10.1007/s10551-014-2420-4|
|Keywords||Corporate Social Responsibility (CSR); adaptive mechanisms; institutional theory; developing countries; institutional voids; Nigeria|
|Additional Information||This is a post-peer-review, pre-copyedit version of an article published in Journal of Business Ethics. The final authenticated version is available online at: http://dx.doi.org/10.1007/s10551-014-2420-4|
Corporate Social Responsiblity
You might also like
Will Africapitalism work?
Corporate Social Responsibility as Obligated Internalisation of Social Costs
CSR Communication Research: A Theoretical-cum-methodological Perspective from Semiotics