Corporate Social Responsibility in a Competitive Business Environment

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Standard

Corporate Social Responsibility in a Competitive Business Environment. / Newman, Carol; Rand, John; Tarp, Finn; Trifkovic, Neda.

I: The Journal of Development Studies, Bind 56, Nr. 8, 01.2020, s. 1455-1472.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Newman, C, Rand, J, Tarp, F & Trifkovic, N 2020, 'Corporate Social Responsibility in a Competitive Business Environment', The Journal of Development Studies, bind 56, nr. 8, s. 1455-1472. https://doi.org/10.1080/00220388.2019.1694144

APA

Newman, C., Rand, J., Tarp, F., & Trifkovic, N. (2020). Corporate Social Responsibility in a Competitive Business Environment. The Journal of Development Studies, 56(8), 1455-1472. https://doi.org/10.1080/00220388.2019.1694144

Vancouver

Newman C, Rand J, Tarp F, Trifkovic N. Corporate Social Responsibility in a Competitive Business Environment. The Journal of Development Studies. 2020 jan.;56(8):1455-1472. https://doi.org/10.1080/00220388.2019.1694144

Author

Newman, Carol ; Rand, John ; Tarp, Finn ; Trifkovic, Neda. / Corporate Social Responsibility in a Competitive Business Environment. I: The Journal of Development Studies. 2020 ; Bind 56, Nr. 8. s. 1455-1472.

Bibtex

@article{6c19f2b8083341ea9987aa2755ac8b34,
title = "Corporate Social Responsibility in a Competitive Business Environment",
abstract = "Using a representative sample of more than 5,000 Vietnamese enterprises, we explore the firm-level productivity effects of corporate social responsibility (CSR). The data enables us to create 12 quantitative CSR measures, which can be grouped into two broader categories related to management and community-based CSR initiatives. We find a positive relationship between adoption of CSR initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused CSR initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localised focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value-added (controlling for productivity differences) in exchange for working in a company that signals {\textquoteleft}good{\textquoteright} corporate values.",
author = "Carol Newman and John Rand and Finn Tarp and Neda Trifkovic",
year = "2020",
month = jan,
doi = "10.1080/00220388.2019.1694144",
language = "English",
volume = "56",
pages = "1455--1472",
journal = "Journal of Development Studies",
issn = "0022-0388",
publisher = "Taylor & Francis Online",
number = "8",

}

RIS

TY - JOUR

T1 - Corporate Social Responsibility in a Competitive Business Environment

AU - Newman, Carol

AU - Rand, John

AU - Tarp, Finn

AU - Trifkovic, Neda

PY - 2020/1

Y1 - 2020/1

N2 - Using a representative sample of more than 5,000 Vietnamese enterprises, we explore the firm-level productivity effects of corporate social responsibility (CSR). The data enables us to create 12 quantitative CSR measures, which can be grouped into two broader categories related to management and community-based CSR initiatives. We find a positive relationship between adoption of CSR initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused CSR initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localised focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value-added (controlling for productivity differences) in exchange for working in a company that signals ‘good’ corporate values.

AB - Using a representative sample of more than 5,000 Vietnamese enterprises, we explore the firm-level productivity effects of corporate social responsibility (CSR). The data enables us to create 12 quantitative CSR measures, which can be grouped into two broader categories related to management and community-based CSR initiatives. We find a positive relationship between adoption of CSR initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused CSR initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localised focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value-added (controlling for productivity differences) in exchange for working in a company that signals ‘good’ corporate values.

U2 - 10.1080/00220388.2019.1694144

DO - 10.1080/00220388.2019.1694144

M3 - Journal article

VL - 56

SP - 1455

EP - 1472

JO - Journal of Development Studies

JF - Journal of Development Studies

SN - 0022-0388

IS - 8

ER -

ID: 234152169