Corporate social responsibility in a competitive business environment

Publikation: Working paper › Forskning

Standard

Corporate social responsibility in a competitive business environment. / Newman, Carol; Rand, John; Tarp, Finn; Trifkovic, Neda.

Helsinki, Finland : UNU-WIDER, 2016.

Publikation: Working paper › Forskning

Harvard

Newman, C, Rand, J, Tarp, F & Trifkovic, N 2016 'Corporate social responsibility in a competitive business environment' UNU-WIDER, Helsinki, Finland. <https://www.wider.unu.edu/publication/corporate-social-responsibility-competitive-business-environment>

APA

Newman, C., Rand, J., Tarp, F., & Trifkovic, N. (2016). Corporate social responsibility in a competitive business environment. UNU-WIDER. UNU WIDER Working Paper Series Nr. 7 https://www.wider.unu.edu/publication/corporate-social-responsibility-competitive-business-environment

Vancouver

Newman C, Rand J, Tarp F, Trifkovic N. Corporate social responsibility in a competitive business environment. Helsinki, Finland: UNU-WIDER. 2016.

Author

Newman, Carol ; Rand, John ; Tarp, Finn ; Trifkovic, Neda. / Corporate social responsibility in a competitive business environment. Helsinki, Finland : UNU-WIDER, 2016. (UNU WIDER Working Paper Series; Nr. 7).

Bibtex

@techreport{2c301ccff6944327b5919c4b70e6f479,
title = "Corporate social responsibility in a competitive business environment",
abstract = "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 {\textquoteleft}good{\textquoteright} corporate values.",
keywords = "Faculty of Social Sciences, O12, O14, O35, O53",
author = "Carol Newman and John Rand and Finn Tarp and Neda Trifkovic",
note = "JEL classification: O12, O14, O35, O53",
year = "2016",
language = "English",
isbn = "978-92-9256-050-8",
series = "UNU WIDER Working Paper Series",
number = "7",
publisher = "UNU-WIDER",
type = "WorkingPaper",
institution = "UNU-WIDER",

}

RIS

TY - UNPB

T1 - Corporate social responsibility in a competitive business environment

AU - Newman, Carol

AU - Rand, John

AU - Tarp, Finn

AU - Trifkovic, Neda

N1 - JEL classification: O12, O14, O35, O53

PY - 2016

Y1 - 2016

N2 - 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.

AB - 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.

KW - Faculty of Social Sciences

KW - O12

KW - O14

KW - O35

KW - O53

M3 - Working paper

SN - 978-92-9256-050-8

T3 - UNU WIDER Working Paper Series

BT - Corporate social responsibility in a competitive business environment

PB - UNU-WIDER

CY - Helsinki, Finland

ER -

ID: 158214477