American Bankruptcy Report

Collier, William Miller

doi:10.2307/782047

Cited by 1 publication

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“…In emerging economies and, more broadly, in developing countries, natural resources can be a crucial asset for the country's competitiveness, but they can also be a source of political and environmental conflicts. Using the notion of resource curse, economists have suggested that resource-rich developing countries are often unable to fully benefit from the plentifulness of their natural resources and to use them effectively to address public welfare needs (Collier, 2008). Ruling elites are interested in securing control over these resources and avoiding internal conflicts.…”

Section: Hypotheses Natural Resource Dependency and Csr Environmental...mentioning

confidence: 99%

Lost and Found in Translation: How Firms Use Anisomorphism to Manage the Institutional Complexity of CSR

Corciolani

Giuliani

Humphreys

et al. 2022

J Management Studies

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Prior research on the internationalization of firms from emerging countries has fruitfully invoked institutional theory to emphasize the legitimacy benefits that firms that obtain from showing isomorphism with international norms such as Corporate Social Responsibility (CSR). Without denying the intuitive appeal for these firms to communicate acceptance of CSR, we suggest that firms face a legitimacy trade‐off, where the hoped‐for legitimacy benefits of isomorphism must be weighed against other home‐country institutional considerations. We advance and test this notion that firms will navigate this institutional complexity by engaging in anisomorphism, i.e., espousing general acceptance with international values but with selective ‘translation’ based on home country differences. We test our predictions by analysing firms' communication of CSR, using a unique dataset comprised of 245 firms observed over the period from 2000 to 2018. Consistent with our predictions, we find that firms from countries more reliant on natural resource extraction (e.g., mining and fossil fuel industries) de‐emphasize the environmental component of CSR, and firms from more autocratic countries de‐emphasize the human rights component of CSR. Additionally, and consistent with our presumption of firms' weighing the international versus home‐country legitimacy trade‐off, we find that these main effects are sensitive to changes in firms' levels of internationalization.

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Section: Hypotheses Natural Resource Dependency and Csr Environmental...mentioning

confidence: 99%