Corporate Social Responsibility and Competitiveness – Empirical Results and Future Challenges

2011 ◽  
pp. 151-170 ◽  
Author(s):  
Torsti Loikkanen ◽  
Kirsi Hyytinen
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Results ◽  
Future Challenges ◽  
Corporate Social

scholarly journals Managerial Ability and Corporate Social Responsibility

2021 ◽  
pp. 138-145
Author(s):  
Gao Meng ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Property Rights ◽  
Social Responsibility ◽  
Significant Positive Correlation ◽  
Stage Model ◽  
Managerial Ability ◽  
Empirical Results ◽  
Corporate Social ◽  
Managerial Capabilities ◽  
Specific Impact

The article uses the listed companies in Shanghai and Shenzhen in 2011-2017 as a research sample, uses the Demerjian (2012) Dea-Tobit two-stage model to measure managerial capabilities, and uses OLS regression to test the specific impact of managerial capabilities on corporate social responsibility. It analyzes the role played by the nature of property rights and the concentration of equity in the process of managers’ ability to influence corporate social responsibility. The empirical results show that there is a significant positive correlation between managerial ability and corporate social responsibility, that is, the improvement of managerial ability can promote enterprises to actively perform social responsibility. Further research found that state-owned property rights and equity concentration are significantly positively correlated with corporate social responsibility, and the interactions between state-owned property rights and managerial capabilities, and between equity concentration and managerial capabilities will also strengthen enterprises.

scholarly journals Common Ownership and Corporate Social Responsibility

2020 ◽  
Author(s):  
Xin Dai ◽  
Yue Qiu
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Two Stage ◽  
Empirical Results ◽  
Common Ownership ◽  
Corporate Social ◽  
Commitment Device

Abstract This paper studies the effect of common ownership on corporate social responsibility (CSR). We find that common ownership is positively associated with a firm’s CSR score. The effect is stronger for firms in more competitive industries. We propose a two-stage duopoly game in which CSR serves as a commitment device to expand output aggressively to understand the empirical results.

scholarly journals Students’ values, professional socialization and the mental gap of corporate social responsibility perceptions

PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0261653
Author(s):  
Nikša Alfirević ◽  
Vojko Potočan ◽  
Zlatko Nedelko
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Teaching And Learning ◽  
Business Schools ◽  
Professional Socialization ◽  
Future Research ◽  
School Students ◽  
Empirical Results ◽  
South East Europe ◽  
Corporate Social

This paper examines how values and professional socialization in business schools impact the formulation of students’ contextualized view of social responsibility. We propose the empirical concept of a mental gap between the existing and the wished-for level of a business school’s corporate social responsibility and estimate it empirically by using a sample of business school students from Central and South East Europe. Results show that students wish their business schools to reduce their current orientation toward economic outcomes and focus on environmental and social responsibilities. We interpret those empirical results in terms of the students’ wish to balance achieving economic prosperity and enjoyment of life with the prosocial outcomes of their education. New student generations’ perception of corporate social responsibility is not shaped by the professional socialization patterns but rather by the own perceptions, which can be influenced by experiential approaches to academic teaching and learning. Based on these empirical results, implications for academic practice and future research are explored.

Corporate social responsibility and stock price crash risk

2016 ◽  
Vol 42 (10) ◽  
pp. 963-979 ◽  
Author(s):  
Ming-Te Lee
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Price ◽  
Crash Risk ◽  
Least Squares Regression ◽  
Content Type ◽  
Empirical Results ◽  
Corporate Social ◽  
The Impact

Purpose The purpose of this paper is to test opposing views of the relationship between corporate social responsibility (CSR) and stock price crash risk in a major Asian emerging stock market. Design/methodology/approach This paper suggests an endogenous relationship between CSR and stock price crash risk. Hence, this paper uses two-stage least squares regression analysis to address the bias and inconsistency associated with endogeneity issues. Moreover, previous studies argue that the level of effectiveness of corporate governance significantly affects firm-specific stock price crash risk. Thus, this paper further divides the overall sample into two sub-samples according to the median of the corporate governance index. Furthermore, this paper investigates the impact of CSR on stock price crash risk under corporate governance. Findings The empirical results show that CSR significantly mitigates Taiwanese stock price crash risk. This finding is consistent with the notion that socially responsible Taiwanese firms commit to a higher standard of transparency and engage in less bad news hoarding, thus reducing crash risk. The empirical results also show that CSR has a more pronounced effect in mitigating crash risk for Taiwanese firms with less effective corporate governance. Originality/value The study findings indicate that CSR plays a more important role in reducing crash risk for Taiwanese firms with weak governance mechanisms.

Corporate social responsibility and corporate governance impact on finance performance

2014 ◽  
Vol 64 (Supplement-2) ◽  
pp. 69-77
Author(s):  
Hsiu-Jen Fu ◽  
Shu-Yi Ho
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Listed Companies ◽  
Corporate Value ◽  
Empirical Results ◽  
Corporate Development ◽  
Secondary Information ◽  
Corporate Social

This study explored, from the angle of corporate social responsibility and corporate governance, the extent to which the governance of listed companies in Taiwan affected and implemented, and understood its relation with corporate value. The method of statistics using SPSS 17.0 was employed and secondary information was gathered to probe the subjects. Empirical results with data were provided herein to present substantial recommendations for reference by the industry, academia, and governments in providing right tracks for corporate development, increasing intention to invest in market, and reinforcing investors’ confidence in good corporations for making investment.

The impact of environmental uncertainty on increasing customer satisfaction through corporate social responsibility

2016 ◽  
Vol 50 (7/8) ◽  
pp. 1209-1238 ◽  
Author(s):  
Wenbin Sun ◽  
Joseph M. Price
Keyword(s):  
Corporate Social Responsibility ◽  
Environmental Factors ◽  
Customer Satisfaction ◽  
Social Responsibility ◽  
Environmental Uncertainty ◽  
Content Type ◽  
Empirical Results ◽  
Corporate Social ◽  
The Impact ◽  
The Relationship

Purpose This paper aims to examine the relationship between corporate social responsibility and customer satisfaction and evaluate the impact of this relationship on firm performance, specifically the moderating impact of environmental uncertainty on the corporate social responsibility to customer satisfaction relationship. Design/methodology/approach The authors constructed a panel data set by collecting data from Fortune Magazine’s World’s Most Admired Companies and Compustat. The authors used two methods, Newey–West and White–Cluster robust regressions, to estimate the empirical models. Findings The results from this moderating analysis of environmental uncertainty are largely consistent with this study's hypotheses. In particular, the authors find that corporate social responsibility contributes to increased customer satisfaction for large firms, in highly competitive environments and in highly dynamic industries. This paper also finds that in high growth environments, corporate social responsibility can result in decreased customer satisfaction. Research limitations/implications The study is limited to environmental factors in the examination boundary conditions. Researchers should broaden the moderators to include criteria such as market orientation, marketing and/or operations capability. Practical implications The empirical results provide practitioners with insight to better translate corporate social responsibility into higher levels of customer satisfaction. Social implications The empirical results support corporate social responsibility as a viable and productive means of increasing customer satisfaction. Originality/value This study is the first that builds upon the work of Luo and Bhattacharya (2006) and Saeidi et al. (2015) by examining environmental factors that influence the relationship between corporate social responsibility and customer satisfaction. This research provides useful implications for marketing theories as well as business practice.

scholarly journals Board Gender Diversity and Dimensions of Corporate Social Responsibility

2016 ◽  
Vol 6 (2) ◽  
pp. 50 ◽  
Author(s):  
Thomas Kaspereit ◽  
Kerstin Lopatta ◽  
Zoltan Matolcsy
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Gender Diversity ◽  
Investment Decisions ◽  
Theoretical Framework ◽  
Community Diversity ◽  
Policy Makers ◽  
Empirical Results ◽  
Board Gender Diversity ◽  
Corporate Social

<p>This study investigates the association between board gender diversity and various dimensions of CSR. We develop a theoretical framework, where specific dimensions of CSR have various predicted associations with board gender diversity. Our empirical results show that board gender diversity has an impact on the following CSR dimensions: community, diversity, employees, and environment. Our findings support the notion that women exhibit more communal traits, demand more CSR information before they take investment decisions, and are more concerned about stakeholders than their male counterparts. Our results also contribute to the current “push” for greater gender diversity of boards by regulators and policy makers, as we demonstrate some of the benefits associated with board gender diversity.</p>

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