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- W4283829930 abstract "Digitalization is a technological evolution and a social phenomenon that offers tremendous potential but also uncertainties for companies and stakeholders. Practice and research increasingly propose that a new concept called Corporate Digital Responsibility (CDR) is needed to elaborate how corporates may take responsibility to avoid negative and promote positive outcomes in the process of digitalization. In this paper, we take a step back and ask, ‘How does digitalization influence Corporate Social Responsibility (CSR)?’ Drawing on the most prominent theoretical perspective in CSR research – the stakeholder perspective, we argue that CDR is a redundant concept that dismisses the chance to ground the crucial debate on responsible digitalization on already developed theoretical and empirical knowledge. Instead, we propose that digitalization changes stakeholder relationships in at least three important ways that should be incorporated into the furthering CSR and connected strategies in a digital age: (a) the ratio between the information and proximity related to stakeholders, (b) the roles of the company and stakeholders, and (c) decision-making power in the relationship. Those changes in the stakeholder relationships are fundamental, however, we argue that they do not necessitate a new concept of CDR. Rather, the changing stakeholder relationships open new avenues for future research systematically proposed in this paper." @default.
- W4283829930 created "2022-07-07" @default.
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- W4283829930 date "2022-08-01" @default.
- W4283829930 modified "2023-10-16" @default.
- W4283829930 title "Corporate Digital Responsibility Needed? Digitalization Meets Corporate Social Responsibility" @default.
- W4283829930 doi "https://doi.org/10.5465/ambpp.2022.13773abstract" @default.
- W4283829930 hasPublicationYear "2022" @default.
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