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Despite the recent increase in research by academic, practitioners
and the focus from the policy makers, the topics of Corporate
Social Responsibility (CSR) and Stakeholder Management still remain
relatively misunderstood. This book tackles the concepts of CSR and
Stakeholder Management from a more encompassing perspective,
looking at their effects in both the for-profit and the non-profit
sector. From a for-profit perspective, the book begins by examining
and empirically testing the insurance properties of CSR in the
context of an economy-wide crisis (the 2008 Lehman Brothers'
bankruptcy). In the second half of the book, a non-profit
perspective is utilized in investigating the effects of Stakeholder
Management and its relationship with organizational effectiveness
in the case of art museums, which represents a cleaner environment
with which to test Stakeholder Theory. Overall, the book provides
readers with an indepth review of the current state of the
literature as well as discusses new empricial evidence from a two
perspective approach that informs companies, investors, as well as
policy makers in terms of better understanding CSR and Stakeholder
Management.
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