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University of Vaasa - Vaasan yliopisto

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<strong>of</strong> public procurement. Here, too, a formal orientation towards labels and certificates<br />

is to be expected.<br />

841<br />

Large companies seem to be prepared. They already manage social and ecological<br />

issues quite explicitly and comprehensive and regard CR as a topic <strong>of</strong> still increasing<br />

importance. The larger companies monitor trends and realise where they have<br />

catching up to do, e.g. supply chain responsibility (EIU 2008) or the use <strong>of</strong> CRmanagement<br />

systems und –instruments (Bertelsmann 06). The latter is something<br />

larger companies are familiar with. Also, few <strong>of</strong> these companies do without the<br />

pr<strong>of</strong>essional communication <strong>of</strong> their CR policy and measures. As defensive as their<br />

CR-approach may be, overall larger companies seem to be relatively well prepared<br />

for an increase in stakeholder demands on the markets as well as by politics.<br />

The “protected niche” <strong>of</strong> medium-sized businesses, far from the pressure <strong>of</strong> NGOs<br />

and financial markets, however is endangered. The philanthropic activities are only<br />

positively perceived by the employees and the local community and are therefore<br />

hardly effective for companies with super-regional sales markets (e.g. Pleon Kothes<br />

Klewes 2005). Increasing demand for confirmation <strong>of</strong> CR goes in hand with the<br />

requirement to integrate CR in the core processes and for organisational<br />

implementation. Management systems such as the shortly available ISO 26.000 norm<br />

will promote such proceedings. SMEs seem to be ill-prepared. It remains an open<br />

question whether these systems are suitable for medium-sized businesses (Fassin<br />

2008), but SMEs rightly fear that this question won’t arise in practice.<br />

That CR is a sufficient condition for a company’s success is <strong>of</strong>ten asserted but far<br />

from being proved. In addition to the methodical problems mentioned above, one has<br />

to ask for the imitability <strong>of</strong> success factors. Although internal resources like dynamic<br />

capabilities play an import role, the specific CR-measures, -performance and -<br />

reporting take centre stage. These are relatively easy to imitate. Another question is<br />

whether or not there will be a “race to the top” regarding CR. The market for CR is<br />

characterised by high search costs and inertia. Once a company is considered “good”,<br />

it is hard to displace. Even if there will be a higher willingness on the side <strong>of</strong> the<br />

customers to pay for superior CR-performances, decisions will be oriented on self-set<br />

or collective standards rather than on the search for the best, aiming at satisficing<br />

instead <strong>of</strong> optimising.<br />

There are however cases where CR leads to economic success. Often cited positive<br />

effects (e.g. improvement <strong>of</strong> reputation and image, increases in pr<strong>of</strong>its or higher<br />

employee motivation) are observable, but predominantly attained by those<br />

companies that act from an ethical motivation (or at least are perceived as such) and<br />

not because they have identified a success factor (BMVIT 2007). Such an approach<br />

to CR was attributed to SMEs. Additionally SMEs enjoy public confidence much<br />

more than large businesses (e.g. Stiftung Wertvolle Zukunft 2006). But, given the<br />

current market conditions, a general claim <strong>of</strong> CR as a sufficient condition for<br />

economic success remains impossible, especially because an alleged success factor<br />

can not reasonably be connected with “not doing it for success”.

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