Handbook of Management Scales/Shareholder-oriented CSR

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Shareholder-oriented corporate social responsibility (CSR) (alpha = 0.85)[edit | edit source]

Description[edit | edit source]

A multidimensional measure of corporate stakeholder responsibility (CStR) was developed and validated. Hereby, the authors conducted a series of analyses, including exploratory factor analyses, confirmatory factor analyses, and structural equation modeling to assess different types of validity of the proposed scale. The scale consists of six dimensions: community-oriented, natural environment-oriented, employee-oriented, supplier-oriented, customer-oriented, and shareholder-oriented CSR.

Definition[edit | edit source]

Corporate stakeholder responsibility (CStR) is defined as “an organization’s context-specific actions and policies designed to enhance the welfare of various stakeholder groups by accounting for the triple bottom line of economic, social, and environmental performance”.

Items[edit | edit source]

  • Our company respects the financial interests of all its shareholders. (0.79)
  • Our company ensures that communication with shareholders is transparent and accurate. (0.77)
  • Our company takes action to ensure that shareholders’ investments are profitable and perennial in the long-term. (0.76)
  • Our company makes sure that shareholders exert effective influence over strategic decisions. (0.75)

Source[edit | edit source]

Comments[edit | edit source]

The items do not reflect social and ecological needs of shareholders.