caa a22 4500 605484821 CHVBK 20210128100438.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s10551-013-1963-0 doi (NATIONALLICENCE)springer-10.1007/s10551-013-1963-0 Comparing Virtue, Consequentialist, and Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk in Institutional Voids [Elektronische Daten] [Subrata Chakrabarty, A. Erin Bass] Due to the nature of lending practices and support services offered to the poor in developing countries, portfolio risk is a growing concern for the microfinance industry. Though previous research highlights the importance of risk for microfinance organizations, not much is known about how microfinance organizations can mitigate risks incurred from providing loans to the poor in developing countries. Further, though many microfinance organizations practice corporate social responsibility (CSR) to help create economic and social wealth in developing countries, the impact of such CSR practices remains an underdeveloped area of inquiry. We use a normative ethics lens to develop an ethics-based CSR theory that differentiates between three forms of ethics-based CSR—virtue, consequentialist, and deontological. We argue that while all three forms can help mitigate risk, virtue ethics-based CSR is potentially the most useful form of CSR toward mitigating microfinance portfolio risk. We test our hypotheses using a sample of microfinance organizations from across the world. Our findings suggest that virtue ethics-based CSR is not just an important philosophical paradigm; it can actually help mitigate microfinance portfolio risk when implemented in practice. Springer Science+Business Media Dordrecht, 2013 Ethics-based CSR theory nationallicence Social entrepreneurship nationallicence Stakeholder theory nationallicence Institutional theory nationallicence Sustainability nationallicence Bottom of the pyramid nationallicence Chakrabarty Subrata Department of Management, University of Nebraska-Lincoln, 68588, Lincoln, NE, USA aut Erin Bass A. Department of Management, University of Nebraska-Lincoln, 68588, Lincoln, NE, USA aut Journal of Business Ethics Springer Netherlands 126/3(2015-02-01), 487-512 0167-4544 126:3<487 2015 126 10551 https://doi.org/10.1007/s10551-013-1963-0 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-013-1963-0 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Chakrabarty Subrata Department of Management, University of Nebraska-Lincoln, 68588, Lincoln, NE, USA aut NATIONALLICENCE 700 1- Erin Bass A. Department of Management, University of Nebraska-Lincoln, 68588, Lincoln, NE, USA aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 126/3(2015-02-01), 487-512 0167-4544 126:3<487 2015 126 10551