Week 3: Jones, Wilness & Madey attraction of CSP

Question 1

What is corporate social performance?

Answer 1

the organizations commitment to principles, policies and practices relating to social responsibilities and relationships with stakeholders

Question 2

What are the benefits of a higher level of Corporate Social Performance (CSP) (2)

Answer 2

1. More applicants
2. perceived as more attractive employers

Question 3

what theory explains why job seekers are attracted by CSP and how does this work?

Answer 3

Signaling theory: job seekers have very little information, thus they rely on signals that they receive from whatever information they have to make inferences about the company as a whole

Question 4

What are the 3 corresponding signal-based mechanisms that affect organizational attractiveness?

Answer 4

1. Anticipated pride (prestigious org)
2. Perceived value fit
3. Expected treatment (less strong than other 2)

Question 5

Signals are understood as the equivalent of what part of culture according to the onion model?

Answer 5

Artefacts (inferences about what company is like at its core based on things we can see)