Determinants of corporate social responsibility performance in emerging markets: An international orientation perspective

Abstract

For emerging market multinational enterprises (EMNEs), corporate social responsibility (CSR) is a foreign business practice. Because EMNEs are late movers in the international market, their attempts to engage in sustainable development and to improve CSR performance (CSP) are hindered by their limited relevant knowledge and resources. Few studies have investigated how EMNEs achieve high CSP. In this study, a sample of 177 Taiwanese companies in Taiwan listed on the Taiwan Stock Exchange from 2013 to 2015 was examined. Data were collected from the Taiwan Economic Journal database. The effects of international orientation on the level of internationalization, market entry in advanced economies, and adherence to international CSR principles on the CSP of these EMNEs were investigated. The results revealed that higher levels of internationalization, greater market entry in advanced economies, and adherence to international CSR principles are positively related to CSP. In addition, a higher level of internationalization enhances the relationship between adherence to international CSR principles and CSP.

The influence of state ownership on environmental proactivity: An institutional perspective of international firms

“…On the other hand, there are differences between developed countries and emerging markets (Li et al, 2014). While firms from emerging countries may undertake environmental initiatives to gain legitimacy when operating globally (Fiaschi et al, 2017; Kolk & Curran, 2017; Li, 2023; Marano et al, 2017), firms based in low HCEP countries tend to take longer to improve their green practices (Kang & Zhang, 2010; Leyva‐de la Hiz et al, 2019), due to the fact that there are lower environmental standards in those particular countries. In these cases, although the SOEs will indeed drive green improvements, as previously discussed, these firms' commitments and actions will be considerably less intense due to a lack of prioritization and ability, given that the environmental practices in countries with a low environmental home country profile are weaker (Chu et al, 2013; Faisal et al, 2018; Wang & Jin, 2007).…”