Quantitative Research on Corporate Social Responsibility: A Quest for Relevance and Rigor in a Quickly Evolving, Turbulent World

Du, Shuili; Akremi, Assâad El

doi:10.1007/s10551-022-05297-6

Cited by 30 publications

(12 citation statements)

References 81 publications

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“…Our findings, therefore, encourage them to consider CSR investments as an insurance premium that will pay off when they confront unexpected systematic shocks. Finally, though our study provides incentives for companies to give greater weight to primary stakeholders’ interests to enhance the risk management benefits of CSR investments, we respond to the call of Du et al ( 2022 ) for the concern about ethical implications of CSR research and suggest those companies that might be encouraged by the findings to become more oriented towards primary stakeholders that this enhanced risk management benefits might cause unintended negative effects to secondary stakeholders interests which is not investigated in the current study. Therefore, future studies should take into account the probable concern and investigate if channeling greater financial resources into activities in the interests of the primary stakeholders threatens secondary stakeholders' benefits.…”

Section: Conclusion and Discussionmentioning

confidence: 84%

Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?

et al. 2023

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Using an international setting consisting of 5410 corporations domiciled in 24 countries, we test the insurance-like effect of corporate social responsibility (CSR) performance in the era of the pandemic and confirm that CSR performance increases socially responsible companies’ resilience against the adverse effects of the crisis. Comparing stakeholders' responses to CSR activities during the pandemic and normal periods, we observe that the link between CSR performance and firm value is stronger during the crisis period. We also realize that the social aspect of CSR performance is the main driver for the mentioned effects. Finally, comparing the resilience of highly committed socially responsible companies with those with moderate and very low CSR ratings, we observe that best-in-class companies enjoy the greatest buffering effects, implying that the insurance-like effect of CSR performance is non-linear against systematic crises. Findings are robust to ceremonial CSR activities, extreme values of market-based instruments, endogeneity concern, etc.

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Section: Conclusion and Discussionmentioning

confidence: 84%

Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?

et al. 2023

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“…CSR researchers need to analyse what is socially responsible in corporate actions and, more specifically, critically assess the social impact derived from the adoption of CSR (Du et al, 2022) to provide sound criteria based on principles of ethics when evaluating and prescribing the role of firms in society (Islan and Greenwood, 2021, p. 1).…”

Section: Conclusion and Discussionmentioning

confidence: 99%

The Influence of CSR Orientation on Innovative Performance: Is the Effect Conditioned to the Implementation of Organizational Practices?

2023

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Previous research has examined the relationship between CSR and innovation and has suggested that the former might positively affect the latter; however, the impact of CSR on innovation success needs further attention. This study aims to develop a deeper understanding of how environmental and social CSR are related to innovation performance and whether the implementation of organizational practices might moderate this relationship. The results are based on an unbalanced panel of 14,313 observations of 3713 firms covering 2011–2015. Using random-effects probit models and the estimation of average marginal effects (AMEs), this paper contributes to the literature on CSR by explaining how CSR dimensions affect innovation success differently and by addressing how this effect is influenced by organizational innovation. The results show that while environmental CSR orientation proves beneficial for the generation of process innovation, social CSR orientation contributes to the generation of both kinds of technological innovations only when internal organizational practices are implemented. This study provides valuable insights for managers aiming to implement a CSR perspective in their strategies to support the pursuit of innovation.

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“…We make important contributions to the literature. First, we respond to the recent call for more society-centered CSR research (Barnett et al, 2020;Du et al, 2022). While most previous research has legitimized CSR investments on financial grounds, as CSR pays off both internally and externally, we consider the ethical dimension of CSR and its ultimate impact on society.…”

Section: Theoretical Implicationsmentioning

confidence: 97%

“…This knowledge gap is surprising since an improved understanding of whether and how CSR affects employees' private behavior has far-reaching implications for both research and practice. Accordingly, researchers have called for a more society-centered focus of CSR research (Barnett et al, 2020;Du et al, 2022). Broadening the scope of such research to include employees' private behavior is highly relevant because this approach can help us explore CSR's ultimate implications for society.…”

Section: Introductionmentioning

confidence: 99%

“…We respond directly to the recent call for a more society-centered focus in CSR research (Barnett et al, 2020). More specifically, we account for the societal and environmental impacts of ECSR and ECSIR (Du et al, 2022) by investigating the effects on employees' ESI, emotions of guilt, and private prosocial behavior. We substantially enrich the micro-level CSR literature by introducing a vicarious moral consistency mechanism and challenging this mechanism from a vicarious moral balancing perspective.…”

Section: Introductionmentioning

confidence: 99%

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How Corporate Social (Ir)Responsibility Influences Employees’ Private Prosocial Behavior: An Experimental Study

Koch-Bayram,

Biemann

2024

J Bus Ethics

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The micro-level corporate social responsibility (CSR) literature has broadly demonstrated the effects of CSR on employees’ behavior but has mostly been limited to employees’ behavior within the work domain. This business-centered focus overlooks the potential of organizations to change employees’ private social and environmental behavior and thus to address grand societal challenges. Based on the social psychology literature on moral consistency and moral balancing, we conduct three experiments to investigate whether employees’ private prosocial behavior is consistent with their organization’s corporate social (ir)responsibility or whether employees aim to balance their private prosocial behavior, e.g., by compensating for their organization’s CSR activities with a reduced willingness to contribute outside the work domain. Our results provide support for a consistency effect such that employers’ environmental CSR activities increase employees’ donations and willingness to volunteer outside work. Environmental corporate social irresponsibility activities, on the contrary, reduce employees’ private donations and willingness to volunteer. We further find that the positive effects of environmental CSR are partly explained by the strengthening of employees’ environmental self-identity. Our findings highlight that organizational activities have consequences for employees’ moral behavior outside the work domain and thus have important implications for research and practice.

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Quantitative Research on Corporate Social Responsibility: A Quest for Relevance and Rigor in a Quickly Evolving, Turbulent World

Cited by 30 publications

References 81 publications

Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?

Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?

The Influence of CSR Orientation on Innovative Performance: Is the Effect Conditioned to the Implementation of Organizational Practices?

How Corporate Social (Ir)Responsibility Influences Employees’ Private Prosocial Behavior: An Experimental Study

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