CSR Expenditures, Financial Distress Prediction, and Firm Reputation: A Pathway Analysis

Adinata, Gavrila

doi:10.24246/persi.v2i1.p1-18

Cited by 12 publications

(9 citation statements)

References 17 publications

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“…According to Galbreath and Shum [64], there are several good ways to measure CSR. Our research used five indicators adapted from the literature [65][66][67][68][69][70]. These indicators have been previously validated in other studies in the field [71].…”

Section: Csrmentioning

confidence: 99%

Using PLS-SEM to Analyze the Effect of CSR on Corporate Performance: The Mediating Role of Human Resources Management and Customer Satisfaction. An Empirical Study in the Spanish Food and Beverage Manufacturing Sector

et al. 2021

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Although in recent decades corporate social responsibility (CSR) has been subjected to numerous studies in management and marketing literature about its impact on business results, the mechanism by which it affects performance has not been established. There is a lack of consensus when it comes to explaining how CSR actions are related to firm performance. Our research helps to understand this relationship through mediating effects such as CSR-oriented human resource management and customer satisfaction because employees and customers are critical stakeholders of companies and contribute directly to the determination of the corporate results. Through a study on a sample of small and medium-sized Spanish food and beverage manufacturing companies, and by using partial least squares structural equation modelling (PLS-SEM), we found that CSR does indeed impact business performance when CSR actions are mainly oriented towards more efficient management of human resources and customer satisfaction. In this way, the results lead us to conclude that depending on the stakeholder to which these actions are oriented, a specific orientation of the company’s CSR policy can be more efficient in corporate performance.

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Section: Csrmentioning

confidence: 99%

Using PLS-SEM to Analyze the Effect of CSR on Corporate Performance: The Mediating Role of Human Resources Management and Customer Satisfaction. An Empirical Study in the Spanish Food and Beverage Manufacturing Sector

et al. 2021

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“…There are many definitions of CSR, but it is basically concerned with the effort companies make to assure the well-being of its interest groups (clients, suppliers, employees, shareholders, etc. ), contributing to resolving or mitigating social and environmental problems (Adinata, 2019). This concern is motivated by the responsibility of the companies toward society, the environment (Tibiletti et al, 2020), their owners and investors (Brotons & Sansalvador, 2020).…”

Section: Introductionmentioning

confidence: 99%

The impact of corporate social responsibility on innovation in small and medium‐sized enterprises: The mediating role of debt terms and human capital

Jaén

Guijarro

García‐Pérez‐de‐Lema

2021

Corp Soc Responsibility Env

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The aim of this paper is to study the influence of corporate social responsibility (CSR) over small and medium-sized enterprise (SME) innovation and the effect of two mediating variables, debt terms and human capital. Based on a sample of 2825 Spanish SMEs and applying a structural equations modeling, the results demonstrate that the effect of CSR on innovation is mediated by debt terms and by good human resource practices. Part of the positive effect of CSR on innovation occurs through these two variables, which, alone, positively and significantly affect innovation in SMEs. Consequently, the positive effect of CSR practices on debt terms through a decrease in asymmetric information goes further, also having repercussions on innovation. Additionally, the suitable development of human resource practices based on strategies oriented toward CSR allow companies to carry out greater and more efficient innovative activities. This paper contributes to the CSR literature considering the human resource management and the debt access in the relationship between CSR and innovation. The findings reveal important implications for policy makers and managers. For the former, the results show that it would be interesting to carry out actions aimed at assisting SMEs, especially those with fewer resources available, to implement a suitable CSR strategy, supporting sustainable development in SMEs.And, for the latter, CSR-oriented innovation has proven to be a valuable strategy for more efficient SMEs management because of the multiple competitive advantages it generates.

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“…Moreover, our research did not distinguish the differdimension of CSR. (Adinata, 2019;Agyemang & Ansong, 2017;Devie et al, 2018;Esparza-Aguilar & Reyes-Fong, 2019;Ikram et al, 2019;Lee et al, 2012) Please evaluate from 1 (absolutely disagree) to 5 (absolutely agree) the following questions Significance and standard deviations (SD) performed by 10,000 repetitions Bootstrapping procedure. QB 2 : cross-validated redundancies index performed by a 9-step distance-blindfolding procedure.…”

Section: Discussionmentioning

confidence: 99%

“…In this study, and to design a variable that could measure CSR in the companies under study, a 5-point Likert scale has been applied to obtain the CSR data. So, we have created a latent variable oriented to knowing how CSR in the company is implemented, using seven indicators in the survey that were chosen based on a carefully selected review of CSR literature (Adinata, 2019;Devie et al, 2018;Esparza-Aguilar & Reyes-Fong, 2019;Ikram et al, 2019).…”

Section: Measurement Of Variablesmentioning

confidence: 99%

Disentangling the impact of ICT adoption on SMEs performance: the mediating roles of corporate social responsibility and innovation

León-Gómez

Jaén

Ruiz‐Palomo

et al. 2022

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Research background: The literature on the effects of Information and Communication Technologies (ICT) on performance is extensive and shows a significant positive effect. Likewise, the use of ICT to facilitate and report on Corporate Social Responsibility (CSR) practices implemented by Small and Medium Enterprises (SMEs) contributes to improve business performance. Moreover, through innovative activities, firms also obtain competitive advantages that impact positively on their performance, even more so when they are impacted by CSR. For this reason, it is expected that the adoption of ICTs in companies through a CSR-oriented strategy will increase their impact on business performance. Purpose of the article: This article tries to examine how ICT affects SMEs? performance through CSR and innovation. Methods: We tested our hypotheses using a sample of 2,825 Spanish SMEs and by applying a Partial Least Squares Path Modeling (PLS-PM) with a double confirmatory and predictive purpose: to identify the causal relationships between latent variables, and to evaluate the ability of the model to make predictions for individual cases. Findings & value added: The results show that CSR-oriented ICT impacts innovation by changing strategies and business model in companies. Moreover, the implementation of CSR practices gave them competitive advantages to increase their performance. We highlight how innovation gives companies greater capacity to respond to changes in their environment and how innovation positively impacts the link between CSR and performance. Finally, our research makes two significant contributions to the literature by incorporating two sequential mediating effects into the model. On the one hand, the indirect effect of ICT on innovation through CSR. On the other hand, the indirect effect of CSR on SME performance through innovation.

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CSR Expenditures, Financial Distress Prediction, and Firm Reputation: A Pathway Analysis

Cited by 12 publications

References 17 publications

Using PLS-SEM to Analyze the Effect of CSR on Corporate Performance: The Mediating Role of Human Resources Management and Customer Satisfaction. An Empirical Study in the Spanish Food and Beverage Manufacturing Sector

Using PLS-SEM to Analyze the Effect of CSR on Corporate Performance: The Mediating Role of Human Resources Management and Customer Satisfaction. An Empirical Study in the Spanish Food and Beverage Manufacturing Sector

The impact of corporate social responsibility on innovation in small and medium‐sized enterprises: The mediating role of debt terms and human capital

Disentangling the impact of ICT adoption on SMEs performance: the mediating roles of corporate social responsibility and innovation

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