Corporate social responsibility in a competitive business environment
Publikation: Working paper › Forskning
Using a specially designed survey instrument in combination with a representative sample of Vietnamese enterprises, we explore firm-level efficiency effects of corporate social responsibility. We find a positive relationship between adoption of corporate social responsibility initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused corporate social responsibility initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localized focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value added in exchange for working in a company that signals ‘good’ corporate values.
Originalsprog | Engelsk |
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Udgivelsessted | Helsinki, Finland |
Udgiver | UNU-WIDER |
Antal sider | 24 |
ISBN (Trykt) | 978-92-9256-050-8 |
Status | Udgivet - 2016 |
Navn | UNU WIDER Working Paper Series |
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Nummer | 7 |
- Det Samfundsvidenskabelige Fakultet
Forskningsområder
Links
- https://www.wider.unu.edu/publication/corporate-social-responsibility-competitive-business-environment
Forlagets udgivne version
ID: 158214477