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Corporate Social Responsibility in the work place - Experimental evidence on CSR from a gift-exchange game

Hannes Koppel and Tobias Regner

No 2011-030, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: We analyze the effect of investments in corporate social responsibility (CSR) on workers' motivation. In our experiment, a gift exchange game variant, CSR is captured by donating a certain share of profits to a charity. We are testing for CSR effects by varying the possible share of profits given away. Additionally, we investigate the effect of a mission match, i.e., a worker prefering the same charity the firm is actually donating to. Our results show that on average workers reciprocate investments into CSR with increased effort. A mission match does result in higher effort, but only when investment into CSR is high.

Keywords: Corporate Social Responsibility; gift-exchange game; experiment; labor market; incentives; moral hazard; principal agent (search for similar items in EconPapers)
JEL-codes: C73 C91 D03 J01 M14 M52 (search for similar items in EconPapers)
Date: 2012-03-13
New Economics Papers: this item is included in nep-bec, nep-cbe, nep-exp, nep-hrm, nep-lab and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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