Does corporate social responsibility influence corporate innovation? International evidence

2020 ◽  
pp. 100746
Author(s):  
Imed Chkir ◽  
Boushra El Haj Hassan ◽  
Hatem Rjiba ◽  
Samir Saadi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
International Evidence ◽  
Corporate Innovation ◽  
Corporate Social

Managerial Pamperdom and Prestige Entrepreneurship

2021 ◽  
pp. 177-197
Author(s):  
Fahri Özsungur
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Creative Thinking ◽  
Business Management ◽  
Ethical Principles ◽  
Professional Organizations ◽  
Corporate Innovation ◽  
The Individual ◽  
Corporate Social ◽  
First Time

Entrepreneurship has started to be used as a tool for individual interests as well as the implementation of innovative ideas. Sustainability in entrepreneurship requires corporate social responsibility and ethical principles in leadership. The fact that individual interests are a hidden aim in entrepreneurship puts justice and ethics in the background. Entrepreneurship is based on sustainable, ethical, corporate innovation, and creative thinking. Entrepreneurship, which is set forth with the individual secret goals of entrepreneurs, causes important problems in leadership and managerial context. Especially, managerial pamperdom and prestige entrepreneurship that emerged in professional organizations are introduced to the literature for the first time. It is thought that this chapter will make significant contributions to the fields of entrepreneurship, business, management, and strategy.

scholarly journals Can strategic corporate social responsibility drive corporate innovation?

2021 ◽  
Vol 52 (1) ◽  
Author(s):  
Zhenzhen Yang ◽  
Hanning Su ◽  
Wenzhang Sun
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Market Competition ◽  
Economic Consequences ◽  
Business And Society ◽  
Corporate Innovation ◽  
Strategic Csr ◽  
Corporate Social

Purpose: In practice, an increasing number of economic entities have begun to consider strategic corporate social responsibility (CSR) as an opportunity to create a win-win situation for the organisation and the society. The existing literature has yet to soundly corroborate the role of strategic CSR in corporate innovation. This study examines the relationship between strategic CSR and innovation.Design/methodology/approach: The empirical regression models are estimated to analyse the data collected from 2817 firms yielding 18 845 firm–year observations from 2001 to 2014 in the United States.Findings/results: The findings indicate that firms with strategic CSR generate more and better innovation outputs. The positive effect is more pronounced when institutional ownership is lower, when firm size is larger, and when product market competition is more intense. In terms of economic consequences, firms with strategic CSR actually have higher commercial value and are less likely to suffer loss from failed innovation.Practical implications: To establish a sustainable relationship with stakeholders and realise the long-term development of business and society, enterprises should engage in strategic CSR in a planned manner based on their own resources and professional expertise.Originality/value: The study sheds light on a growing body of literature that investigates the real consequences of firms’ strategic CSR, and explains the growing recognition of the importance of strategic CSR.

scholarly journals How High-Polluting Firms Suffer from Being Distracted form Intended Purpose: A Corporate Social Responsibility Perspective

2020 ◽  
Vol 17 (24) ◽  
pp. 9197
Author(s):  
Xue-Zhou Zhao ◽  
Jun Chen ◽  
Feng-Wen Chen ◽  
Wei Wang ◽  
Senmao Xia
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Constraints ◽  
Negative Association ◽  
Air Pollutant ◽  
Pollutant Emissions ◽  
Corporate Innovation ◽  
Corporate Social ◽  
Polluting Firms

High-polluting industries are regarded as the main sources of air pollutant emissions and the major factors that significantly destroy the ecological environment. Corporate innovation in high-polluting industries improves the energy consumption efficiency and reduces the emission of air pollutant, which mitigates the conflict between environment and economy. Using the sample of China’s listed firms from 2010 to 2017, this study examines the impact of corporate social responsibility (CSR) and financialization on corporate innovation in high-polluting industries. The results show that there is a positive association between CSR and corporate innovation, while there is a negative association between financialization and corporate innovation. Furthermore, the financialization of high-polluting firms can alleviate the promotion role of CSR in the innovation process. The financialization of state-owned enterprises in high-polluting industries may not have a crowding-out effect on research and development (R&D), but it can limit the R&D promotion effect of CSR engagements. In contrast, the financialization of non-state-owned enterprises will hinder corporate innovation, but it will not affect the association between CSR and technology innovation. We also find that the financialization of high-polluting firms with low financial constraints can alleviate the promotion role of CSR engagements in innovation. Meanwhile, the CSR engagements of high-polluting firms with high financial constraints play a stronger role in corporate innovation. During the implementation of environmental policies, the negative association between financialization and corporate innovation has been strengthened. Our findings can encourage high-polluting firms to make more efforts in environmental protection and social stability.

scholarly journals Corporate Social Responsibility Disclosure, Media Reports, and Enterprise Innovation: Evidence from Chinese Listed Companies

2021 ◽  
Vol 13 (15) ◽  
pp. 8466
Author(s):  
Shilei Wu ◽  
Hongjie Zhang ◽  
Taoyuan Wei
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Listed Companies ◽  
Inhibitory Effect ◽  
Online Media ◽  
Corporate Innovation ◽  
Media Reports ◽  
Csr Disclosure ◽  
Corporate Social

Given the limited response of enterprises to China’s national policy on the compulsory disclosure of corporate social responsibility (CSR), a deviation has occurred between policy orientation and reality. To explore the reasons behind this deviation, we investigated whether different types of media reports play an intermediary role in the process of CSR affecting corporate innovation based on the data of the companies listed on China’s Shenzhen Stock Exchange and Shanghai Stock Exchange from 2010 to 2019. The results show that the disclosure of CSR by the listed companies can significantly promote corporate innovation, which provides theoretical support for the national compulsory disclosure of CSR. Newspaper media reports and online media reports not only directly promote corporate innovation but also form a positive mediation path in the CSR disclosure and the promotion of corporate innovation. Further analysis shows that, among the five aspects of CSR, the disclosure of employee responsibility had the greatest effect on the corporate innovation, whereas the disclosure of social contribution responsibility only had a short-term inhibitory effect. Both newspaper media and online media reports on CSR disclosure were beneficial to corporate innovation. Positive and neutral reports may play the role of media governance to promote corporate innovation, whereas negative reports can restrain corporate innovation due to the market pressure effect produced by them, which also provides the basis for media supervision by the state.

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