The Configurational Effects of Corporate Governance on Strategies of Corporate Social Responsibility and Corporate Social Irresponsibility: A Resource Dependence-Based View
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What drives firm strategies of combining both corporate social responsibility (CSR) and corporate social irresponsibility (CSI)? Despite the increasingly use of these strategies in practice, literature has not dealt with this question in depth. This study addresses this knowledge gap by simultaneously investigating the driving forces of three CSR and CSI-related strategies, including penance, insurance, and trade-off. Grounding on resource dependence view and using a fuzzy-set qualitative comparative analysis approach, we uncover how governance factors that capture the resource provision ability of boards are combined to explain corporate social strategies. Our findings contribute to CSR research and provide beneficial implications for practitioners.