Professor of Strategic Management at the University of Illinois-Chicago. PhD awarded by The Ohio State University. Primary research interests include Corporate Social Responsibility, Entrepreneurship, Research Methods and Sustainability and formerly included industrial organization economics and labor economics.
This handbook reflects recent developments in the study of corporate social responsibility (CSR),... more This handbook reflects recent developments in the study of corporate social responsibility (CSR), incorporating new psychological and organizational perspectives on this important, interdisciplinary topic. In this chapter, we introduce several areas of research that add significantly to our understanding of the motivations and ramifications of CSR. These sections include: Micro/HR issues, the Environment and Sustainability, Entrepreneurship, Strategy and Governance, and Business Ethics and Responsibility. Each section contains chapters by leading scholars across the globe. After briefly motivating the topic in each section, we summarize the chapters, highlighting the contributions of each.
Studies of gender differences in the returns to job mobility have yielded conflicting results. We... more Studies of gender differences in the returns to job mobility have yielded conflicting results. We examine whether there are gender differences in mobility patterns or in the returns to different types of mobility. Our results, based on the National Longitudinal Survey of Youth, imply that there are gender differences in mobility patterns, but there are not gender differences in the wage growth associated with different types of mobility. Therefore, it appears that empirical estimates of the gender differences in the returns to job mobility may be misleading if they do not consider the cause of separation.
Donald Siege1 is an associate professor o f economics in the School o f Management at Arizona Sta... more Donald Siege1 is an associate professor o f economics in the School o f Management at Arizona State University West. He received bachelor’s, master’s, and doctoral degrees in business economics from Columbia University. Before joining A S U West, he was an assistant professor at the Harriman School for Management and Policy at SUNYStony Brook and a faculty research fellow ofthe National Bureau o f Economic Research.
The authors analyze the creation and capture of private and social value by firms that adopt corp... more The authors analyze the creation and capture of private and social value by firms that adopt corporate social responsibility (CSR) strategies. Strategic CSR is defined as any “responsible” activity that allows a firm to achieve a sustainable competitive advantage, regardless of motive. To provide a roadmap for managers to accomplish this objective, the authors integrate the resource-based theory (RBT) framework with concepts and tools from economics, such as hedonic pricing, contingent valuation, and the new literature on the economics of industrial organization, where CSR is referred to as “the private provision of public goods.” By linking CSR, RBT, economic models of private provision of public goods, and pricing models, the authors demonstrate how RBT can provide a structure for determining the strategic value of CSR. They then discuss the conditions under which CSR can contribute to sustainable competitive advantage.
... They cannot systematically affect the way in which the firm's resources generate competi... more ... They cannot systematically affect the way in which the firm's resources generate competitive advantage (Barney, 1991, p. 110 ... This suggests that above-normal profits are not earned as a result of industry structure (Demsetz, 1968; Fisher, McGowan, & Greenwood, 1983; McGee ...
This handbook reflects recent developments in the study of corporate social responsibility (CSR),... more This handbook reflects recent developments in the study of corporate social responsibility (CSR), incorporating new psychological and organizational perspectives on this important, interdisciplinary topic. In this chapter, we introduce several areas of research that add significantly to our understanding of the motivations and ramifications of CSR. These sections include: Micro/HR issues, the Environment and Sustainability, Entrepreneurship, Strategy and Governance, and Business Ethics and Responsibility. Each section contains chapters by leading scholars across the globe. After briefly motivating the topic in each section, we summarize the chapters, highlighting the contributions of each.
Studies of gender differences in the returns to job mobility have yielded conflicting results. We... more Studies of gender differences in the returns to job mobility have yielded conflicting results. We examine whether there are gender differences in mobility patterns or in the returns to different types of mobility. Our results, based on the National Longitudinal Survey of Youth, imply that there are gender differences in mobility patterns, but there are not gender differences in the wage growth associated with different types of mobility. Therefore, it appears that empirical estimates of the gender differences in the returns to job mobility may be misleading if they do not consider the cause of separation.
Donald Siege1 is an associate professor o f economics in the School o f Management at Arizona Sta... more Donald Siege1 is an associate professor o f economics in the School o f Management at Arizona State University West. He received bachelor’s, master’s, and doctoral degrees in business economics from Columbia University. Before joining A S U West, he was an assistant professor at the Harriman School for Management and Policy at SUNYStony Brook and a faculty research fellow ofthe National Bureau o f Economic Research.
The authors analyze the creation and capture of private and social value by firms that adopt corp... more The authors analyze the creation and capture of private and social value by firms that adopt corporate social responsibility (CSR) strategies. Strategic CSR is defined as any “responsible” activity that allows a firm to achieve a sustainable competitive advantage, regardless of motive. To provide a roadmap for managers to accomplish this objective, the authors integrate the resource-based theory (RBT) framework with concepts and tools from economics, such as hedonic pricing, contingent valuation, and the new literature on the economics of industrial organization, where CSR is referred to as “the private provision of public goods.” By linking CSR, RBT, economic models of private provision of public goods, and pricing models, the authors demonstrate how RBT can provide a structure for determining the strategic value of CSR. They then discuss the conditions under which CSR can contribute to sustainable competitive advantage.
... They cannot systematically affect the way in which the firm's resources generate competi... more ... They cannot systematically affect the way in which the firm's resources generate competitive advantage (Barney, 1991, p. 110 ... This suggests that above-normal profits are not earned as a result of industry structure (Demsetz, 1968; Fisher, McGowan, & Greenwood, 1983; McGee ...
The past few decades have been characterized by a growing body of profit-seeking public service a... more The past few decades have been characterized by a growing body of profit-seeking public service areas with the understanding that profit-seeking organizations will deliver public services more efficiently than government can. These sectors include, but are not limited to, health care, corrections, education and garbage collection. Governments have created quasi markets to attract private providers of services in these sectors, with varying results. Organizational economics has provided the primary explanation for quasi markets, but questions about the sought-for efficiencies actually realized through these markets persist. We integrate resource dependence theory and organizational economics to provide a more comprehensive explanation of the persistence of quasi markets.
Uploads
Papers by Abagail McWilliams