Role of corporate social responsibility on firm performance in emerging economy: The mediating role of access to finance and business model innovation

Ngo, Quang Huan; Le, Thanh Tiep

doi:10.1080/23311975.2023.2232585

Cited by 7 publications

(5 citation statements)

References 108 publications

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“…On the other hand, due to Iran's unfavorable economic conditions, companies do not have much ability to spend on philanthropic CSR, and this is one of the cases where there is not enough understanding of this aspect of CSR and the results of adhering to it. These results are contrary to Ngo and Le [68] that states that CSR stimulation is critical to BMI success. This result is also contrary to Martinez-Conesa et al [76] that indicates that CSR is a significant driver for companies to be more innovative.…”

Section: Discussioncontrasting

confidence: 99%

“…This is consistent with McWilliams and Siegel [5] that states that paying attention to CSR issues causes companies to be more involved in research and development (R&D). This is also consistent with Ngo and Le [68] that states that CSR programs can support BMI. On the other hand, the results of this research are consistent with Kotler and Lee [69] that states that CSR helps companies to develop a better CA than other companies.…”

Section: Discussionsupporting

confidence: 90%

“…Ngo and Le [68] claim that because CSR entails creative actions and modifications for generating value, enhancing value, and augmenting current value, it can support BMI. McWilliams and Siegel [5] state that engaging in CSR activities and using its resources can lead to more investment in research and development (R&D), leading to increased innovation.…”

Section: Economic Legal Ethical Philanthropic and Environmental Respo...mentioning

confidence: 99%

“…This aspect of CSR includes activities that go beyond ethical issues and are voluntarily carried out by companies [74] and improve people's quality of life in society [75]. Ngo and Le [68] stated that CSR stimulates positive stakeholder engagement for the business, which is critical to BMI's success. Martinez-Conesa, Soto-Acosta, and Palacios-Manzano [76] investigated the mediating role of innovation between CSR and FP and concluded that innovation performance has a partial mediating effect on the relationship between CSR and FP.…”

Section: H6 Ethical Csr Has Direct and Significant Effects On Camentioning

confidence: 99%

See 3 more Smart Citations

The Influence of Corporate Social Responsibility Aspects on Business Model Innovation, Competitive Advantage, and Company Performance: A Study on Small- and Medium-Sized Enterprises in Iran

Omidvar,

Palazzo

2023

Sustainability

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This study explores how the dimensions of corporate social responsibility (CSR) as defined by Carroll, along with environmental responsibility, impact business model innovation (BMI), competitive advantage, and firm performance in small- and medium-sized enterprises in Iran. This paper proposes a theoretical framework, based on past studies. Afterward, structural equation modeling was used to test the conceptual model. The data of this research were collected face-to-face, and 483 valid questionnaires were collected from small- and medium-sized businesses in Iran. The results show that all dimensions of CSR (except philanthropic) directly and significantly affect Business Model Innovation. Furthermore, the competitive advantage is significantly impacted by the economic, legal, and ethical aspects of CSR. Additionally, the findings demonstrate that both BMI and competitive advantage play a direct and substantial role in influencing a company’s performance. This study represents one of the initial investigations to specifically analyze how each facet of corporate social responsibility influences Business Model Innovation and competitive advantage. It is worth noting that a new dimension, environmental responsibility, was incorporated into Carroll’s original model due to the growing significance of environmental concerns. This paper gives managers a better insight into CSR and its effects on company performance. In addition, it shows managers which aspects of CSR can have an impact on BMI and competitive advantage.

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Section: Discussioncontrasting

confidence: 99%

Section: Discussionsupporting

confidence: 90%

Section: Economic Legal Ethical Philanthropic and Environmental Respo...mentioning

confidence: 99%

Section: H6 Ethical Csr Has Direct and Significant Effects On Camentioning

confidence: 99%

See 2 more Smart Citations

The Influence of Corporate Social Responsibility Aspects on Business Model Innovation, Competitive Advantage, and Company Performance: A Study on Small- and Medium-Sized Enterprises in Iran

Omidvar,

Palazzo

2023

Sustainability

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“…Для определения эффективности авторской модели оценивания социальной политики корпорации используется метод альфа-индекса Кронбаха. В качестве особенности методики управления представителей вьетнамской школы можно определить ориентированность на внутреннюю среду корпорации [5].…”

unclassified

Social Policy and SCR Tools for Managing the Sustainable Development of Enterprises in the Corporate Sector

Volkov,

Belokonev

2024

Vestn. Ross. univ. družby nar., Ser. Gos. munic. upr.

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The research focuses on analyzing and reviewing of corporate social responsibility and social policy. The authors studied the works of domestic and foreign authors who were engaged in the analysis of these problems. The authors identified the factors that influence social policy, such as: political, demographic, medical, social, and others and categorized the typical descriptions of social policy research in the public and private sector. Special attention is paid to the authors’ interpretation of the concept of social and political involvement of the corporation. The authors determined the basic principles of development and implementation of social policy in accordance

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Gender Equality and Flexible Working for Women Entrepreneurs in Egypt: A Critical Analysis

Ajonbadi,

Owolewa,

Adekoya

et al. 2024

Exploring Entrepreneurship

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Role of corporate social responsibility on firm performance in emerging economy: The mediating role of access to finance and business model innovation

Cited by 7 publications

References 108 publications

The Influence of Corporate Social Responsibility Aspects on Business Model Innovation, Competitive Advantage, and Company Performance: A Study on Small- and Medium-Sized Enterprises in Iran

The Influence of Corporate Social Responsibility Aspects on Business Model Innovation, Competitive Advantage, and Company Performance: A Study on Small- and Medium-Sized Enterprises in Iran

Social Policy and SCR Tools for Managing the Sustainable Development of Enterprises in the Corporate Sector

Gender Equality and Flexible Working for Women Entrepreneurs in Egypt: A Critical Analysis

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