Handbook of Management Scales/Shareholder-oriented CSR

Shareholder-oriented corporate social responsibility (CSR) (alpha = 0.85) Description 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 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 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 El Akremi (201_): How Do Employees Perceive Corporate Responsibility? Development and Validation of a Multidimensional Corporate Stakeholder Responsibility Scale. Journal of Management, Vol. _, No. _, pp. _–_ Comments The items do not reflect social and ecological needs of shareholders.