This chapter explores the origins of the theme of competitive advantage in 19th and early 20th century economics. This theme, which forms the core of modern Strategic Management, was a battleground for debates about the value of abstract theory versus observations about real-life events....

We extend recent research on the relationship between corporate social responsibility (henceforth, CSR) and market reactions to accounting restatements (Bartov et al., 2020; Wans, 2020). Drawing on strategic CSR, relational contract, and psychological contract theories, we conjecture that corporate...