scholarly journals When Bad Becomes Worse: Unethical Corporate Behavior May Hamper Consumer Acceptance of Cultured Meat

2021 ◽  
Vol 13 (12) ◽  
pp. 6770
Author(s):  
Vincent A. Rabl ◽  
Frédéric Basso
Keyword(s):  
Corporate Social Responsibility ◽  
Food Safety ◽  
Social Responsibility ◽  
Halo Effect ◽  
Consumer Acceptance ◽  
Safety Study ◽  
Potential Health ◽  
Corporate Behavior ◽  
Cultured Meat ◽  
Corporate Social

Cultured meat is an emerging food innovation that promises to be a more sustainable alternative to conventional meat. However, despite its potential health, environmental and animal welfare benefits, research suggests that consumer acceptance of cultured meat is not assured. Across two pre-registered experimental studies (N = 456), this article investigates the extent to which two different credence characteristics, namely corporate social responsibility (Study 1) and food safety (Study 2), lead to halo-based inferences that may affect the consumer acceptance of cultured meat. Results indicate that, whereas the halo effect of positive corporate behavior is negligible, negative corporate behavior yields a substantial negative halo effect on consumers’ attitudes towards cultured meat, which in turn decreases acceptance of cultured meat. Findings also reveal that these negative halo-based inferences are heightened among consumers who value highly corporate social responsibility (Study 1) and food safety (Study 2). Overall, this article reveals an asymmetric halo effect by showing that people tend to react strongly to negative, but not to positive, information about a cultured meat company. The implications of the present research are discussed in the conclusion.

Social Entrepreneurship and Corporate Social Responsibility in the Russian Federation

2020 ◽  
pp. 199-218
Author(s):  
Ruslan Sadyrtdinov
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Nonprofit Organizations ◽  
Social Entrepreneurship ◽  
Cost Benefit Analysis ◽  
Social Activity ◽  
Social Enterprises ◽  
Corporate Behavior ◽  
Success Stories ◽  
Corporate Social

Implementing social entrepreneurship and corporate social responsibility (CSR) concepts in Russia is discussed in this chapter. CSR and social enterprises have been developing dynamically in Russia since the mid-2000s, and the author believes that they can be used to foster further social and economic transition. The issues related to the Russian success stories of social enterprises and socially responsible corporate behavior are outlined. An emphasis is made on identifying government and private institutions and instruments supporting the social activity of profit and nonprofit organizations. Techniques for evaluating CSR in Russia are described. Due to incomplete data in nonfinancial reports it is difficult to derive a cost-benefit analysis for CSR projects. Instead, indicators for nonfinancial reports are selected and indices are constructed by measuring the quality and frequency of their disclosure. The chapter concludes by outlining the main challenges and potential drivers to promote further development.

scholarly journals Effects of corporate social responsibility on food safety

2017 ◽  
Vol 63 (No. 12) ◽  
pp. 539-547 ◽  
Author(s):  
Chen You-Hua ◽  
Nie Pu-Yan ◽  
Yang Yong-Cong
Keyword(s):  
Corporate Social Responsibility ◽  
Food Safety ◽  
Social Responsibility ◽  
Social Welfare ◽  
Food Industry ◽  
Consumer Surplus ◽  
Complete Information ◽  
Price Regulation ◽  
Quality Regulation ◽  
Corporate Social

This paper develops the theory of corporate social responsibility (CSR) in the food industry. The effects of CSR on the food industry are captured. First, we argue that CSR reduces the profits of a CSR firm under monopoly. Second, under complete information, regulation does not improve social welfare. We find that both active price regulation and active quality regulation reduce a monopolist’s profits, consumer surplus and social welfare. Finally, under incomplete information, the monopolist exaggerates quality as much as possible. With quality regulation, CSR reduces exaggerated quality in the food industry.

scholarly journals Mandatory Corporate Social Responsibility? Legislative Innovation and Judicial Application in China

2021 ◽  
Author(s):  
Li-Wen Lin
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Profit Maximization ◽  
Court Cases ◽  
Legal Compliance ◽  
Corporate Behavior ◽  
Judicial Practice ◽  
Recent Emergence ◽  
The Law ◽  
Corporate Social

Abstract Corporate social responsibility (CSR) is often understood as voluntary corporate behavior beyond legal compliance. The recent emergence of CSR legislation is challenging this typical understanding. A number of countries including China, Indonesia, and India have expressly stated in legislation that companies shall undertake CSR. However, the CSR law is controversial. Critics of CSR see the law as an unwise effort to challenge profit maximization as the only social responsibility of the corporation. Even CSR advocates welcome the CSR law with great caution. Given the vague statutory language of CSR, the practical application of the law places high demands on the judiciary. However, as the countries that have adopted the CSR law are mainly developing countries with rather weak legal institutions, it raises a common concern that the law is simply an innovation without implementation. This Article conducts an empirical study of China, an early adopter of CSR legislation. The empirical analysis of Chinese court cases reveals what the CSR law means in judicial practice, whether CSR is in fact mandatory, and in what types of disputes CSR is relevant or outcome determinative. Among various findings, this Article shows that the CSR law is by no means as useless as commonly expected. The meaningful application of the law is attributable to the law’s compatibility with China’s legal infrastructure and sociopolitical institutions. Chinese courts have innovatively applied CSR in various contexts far beyond the traditionally Western-led focus on directors’ fiduciary duties. The Chinese experience suggests that the CSR law is more of a judicial review standard than a corporate behavior standard, which further confirms the importance of judicial capacity in implementing the vague law. This Article concludes with insights for the corporate purpose debate from a comparative perspective and with policy suggestions for adopting CSR legislation.

Investor Tastes, Corporate Behavior, and Stock Returns: An Analysis of Corporate Social Responsibility

2021 ◽  
Author(s):  
Chuan Yang Hwang ◽  
Sheridan Titman ◽  
Ying Wang
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Returns ◽  
Stock Price ◽  
Socially Responsible ◽  
Corporate Behavior ◽  
Portfolio Holdings ◽  
Target Firms ◽  
Corporate Social ◽  
Over Time

We classify institutions into socially responsible investors (SRI) and not socially responsible investors using the value weighted corporate social responsibility (CSR) scores of their portfolio holdings. We find that firms that exhibit increases in SRI ownership tend to increase future CSR scores. Our analysis of stock price responses to the revelation of SRI ownership changes indicates that the revelation of higher SRI ownership is associated with negative stock returns. These effects are particularly strong when we focus on SRI-activists, who tend to target firms with low CSR scores and lobby to increase them over time. These observations are consistent with the hypothesis that anticipated increases in CSR activities reduce firm values. This paper was accepted by David Simchi-Levi, finance.

scholarly journals Corporate Behavior: An Exploratory Study of the Brazilian Tax Management from a Corporate Social Responsibility Perspective

2020 ◽  
Vol 12 (11) ◽  
pp. 4404
Author(s):  
Eurídice Mamede de Andrade ◽  
Lúcia Lima Rodrigues ◽  
José Paulo Cosenza
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Tax Evasion ◽  
Theoretical Concepts ◽  
Corporate Behavior ◽  
Construction Companies ◽  
Csr Reporting ◽  
Tax Management ◽  
Car Wash ◽  
Corporate Social

A look into the literature on corporate social responsibility (CSR) reveals few studies focusing on the relationship between ethical concerns and corporate behavior of companies that perform tax evasion management. This study links tax management with ethics and CSR reporting. The purpose of this article is to analyze financial and social responsibility information disclosed by the five main Brazilian construction companies that are being investigated in Brazil’s Operation Car Wash (Operação Lava-Jato—in Portuguese) because of inappropriate behavior. Based on the theoretical concepts of organizational façades and organized hypocrisy, we used content-analysis methodology and lexical search approach to analyze the consistency between the practices of tax management and CSR reporting. The results reveal evidence of aggressive tax management. To meet its tax management objectives, a company usually manages and plans taxes accordingly, delaying the payment of tax debt and not reporting all tax risks, thus being fined for violations of the law. We found evidence of organized hypocrisy and organizational façades, since there are contradictions between the tax behavior of the investigated companies and their CSR and ethical discourse.

Corporate Responsibility and the Base of the Pyramid Proposition

2019 ◽  
pp. 373-390
Author(s):  
Denis G. Arnold ◽  
Sabrina L. Speights
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Research ◽  
Corporate Responsibility ◽  
Historical Overview ◽  
Base Of The Pyramid ◽  
Corporate Behavior ◽  
Goods And Services ◽  
Corporate Social

The base of the pyramid (BoP) proposition holds that corporations can profit from providing goods and services to the global poor while simultaneously improving the lives of the impoverished. Critics of the BoP proposition argue that, at best, a select few corporate initiatives can achieve these simultaneous goals, and, at worse, such initiatives will result in harmful exploitation in the guise of responsible corporate behavior. This chapter provides an historical overview of the original BoP proposition, summarizes criticisms the proposition has received, describes empirical research on BoP initiatives, and details examples of successful ventures. The BOP proposition is situated in theories of corporate social responsibility (CSR) and ethics in order to differentiate between exploitative and empowering BoP ventures and to emphasize the broader imperative to consider both the economic and the ethical dimensions of successful BoP ventures.

Consumer behaviour and corporate social responsibility: an empirical study of Expo 2015

2017 ◽  
Vol 119 (8) ◽  
pp. 1826-1838 ◽  
Author(s):  
Gennaro Civero ◽  
Vincenzo Rusciano ◽  
Debora Scarpato
Keyword(s):  
Corporate Social Responsibility ◽  
Food Security ◽  
Food Safety ◽  
Social Responsibility ◽  
Empirical Study ◽  
Socially Responsible ◽  
Content Type ◽  
Buying Behaviour ◽  
Corporate Social ◽  
The Impact

Purpose The purpose of this paper is to ascertain the attitudes of people towards issues of food safety, food security and sustainability. For this, an empirical study was conducted on visitors to the event Milan Expo 2015. Particular attention was paid to any greater propensity to purchase products from socially responsible agri-food companies and whether the event might have contributed to enrich the baggage of their knowledge on the issues of sustainability and corporate social responsibility (CSR) and to influence future buying behaviour. Design/methodology/approach Different groups of visiting consumers were identified through cluster analysis in order to segment and divide visitors into groups based on their approach to food safety, food security and sustainability, their willingness to pay for products from companies practising CSR, and the impact of the event on their future buying behaviour. Findings The results showed a positive attitude of respondents towards issues of food safety, food security and sustainability in general and to the purchase of sustainable food products. However, due to shortcomings in the communication strategy used by companies attending the event, the sample of visitors did not enrich their knowledge on sustainability and CSR. The impact of Expo 2015 on future buying behaviour was far from impressive. Originality/value The findings are particularly useful for the future development of the reputation and profitability of food companies, for the enrichment of knowledge concerning CSR-oriented food companies and to increase the price of products from socially responsible agri-food companies.

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