DEVELOPING CORPORATE SOCIALLY RESPONSIBLE BOARDS: A DELPHI STUDY

Marie-Josée Roy, University Laval, Quebec city, Quebec, Canada
Marie Christine Roy, University Laval, Quebec city, Quebec, Canada

Published in

INTERNATIONAL JOURNAL OF BUSINESS STRATEGY
Volume 19, Issue 1, p85-102, March 2019

ABSTRACT

Today's firms are under more pressure to improve their corporate social performance while corporate boards are being asked to play a greater role in the strategic process. There is therefore a need for more knowledge about the optimal conditions for boards to take part in defining and managing CSR efforts. This paper describes a Delphi study performed using a panel of experts representing three different viewpoints: corporate directors; leaders of corporate governance organizations; and academics. Expert opinions show that the board's involvement should be high in addressing long-term issues regarding CSR, strategy formulation and CSR performance evaluation. The panel also believes that the board should have more limited roles in CSR information disclosure and that CSR issues would best be tackled by broadening the mandate of an existing board committee. The study also highlights the need for better board information and knowledge about CSR.

Keywords

Corporate Social Responsibility, board of directors, delphi study, board involvement, board's role, corporate governance.


About the Article

Abstract, Keywords, Page Numbers, etc

About the Journal

Managing Editors, Indexing, Best Practices

About The Publisher

History, Partners, Conferences

Access the Full Article

Log-in to IABE to access full article

Search IABE

Search IABE's articles by Title, Author, or keyword

Contact Us

Send a message to IABE