Corporate social responsibility of CSR-labeled companies and management control: A literature review

Abstract

This present work aims to define the notion of corporate social responsibility (CSR). More precisely, it is a question of identifying the impact of the integration of the CSR approach of CSR-labeled companies in the management control (MC) function and of providing a study on MC, in terms of overall performance management in order to know how a company can integrate the dimensions of the CSR approach within the management control system. It aims to study the influence of CSR on the overall performance of CSR-labeled companies in Morocco according to the General Confederation of Moroccan Enterprises. The aim is to discern whether the implementation of CSR in the management control function can strengthen and improve performance through its economic, societal and environmental aspects.

Our methodological approach is based on our reading of the literature review and on a selective approach to works that address almost the same research topics. In this context, to study and answer our research problem, we used a varied documentary study including articles, theses and books that deal with almost the same research topics.

The literature review revealed that the integration of CSR in the CG function has a significant and positive impact on overall performance and is one of the major challenges of management control. The latter plays an essential role in the transposition of CSR initiatives and practices into real benefits. In this wake, it is crucial to train and inform management controllers on CSR issues and their importance for the company.

The limitations of our study are found in the use, only, of the literature review to deal with our subject, because it does not give a total answer to our central question.

In fact, previous studies do not examine the distinctive determinants of the subject in sufficient detail, so it is important to use the empirical case through the quantitative, qualitative or mixed method to collect effective data and to obtain more precise results.

Keywords: corporate social responsibility, management control, global performance, CSR-labeled companies.

JEL Classification: M14, L21, M41, D21, Q56, G34.

Paper type: Theoretical Research.