4.3 Article

Corporate Governance Meets Corporate Social Responsibility: Mapping the Interface

Journal

BUSINESS & SOCIETY
Volume 61, Issue 3, Pages 690-752

Publisher

SAGE PUBLICATIONS INC
DOI: 10.1177/0007650320973415

Keywords

corporate governance; corporate social responsibility; national business systems; responsible governance; systematic literature review

Categories

Funding

  1. International Finance Corporation (IFC)

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This article systematically reviews the development of CG-CSR research across different institutional contexts by examining 218 research articles published over a 27-year period. It categorizes and explores the nature of the relationship between CG and CSR, and identifies key themes where research in this area has lagged. The article presents a comprehensive agenda for future research in the field.
Despite ample research on corporate governance (CG) and corporate social responsibility (CSR), there is a lack of consensus on the nature of the relationship between these two concepts and on how this relationship manifests across institutional contexts. Drawing on the national business systems approach, this article systematically reviews 218 research articles published over a 27-year period to map how CG-CSR research has evolved and progressed theoretically and methodologically across different institutional contexts. To shed light on the full gamut of the CG-CSR relationship, we categorize and explore the nature of this relationship along two strands: (a) CSR as a function of CG and (b) CG as a function of CSR. Through this review, we identify key themes where CG-CSR research has lagged and account for under-explored contexts in this domain. Finally, we put forth a comprehensive agenda for progressing future research in the field.

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