The Impact of CSR Certification on Firm Profitability, Wages and Sales

Peter Huber, Eva Pavlikova and Marcela Basovníková

No 535, WIFO Working Papers from WIFO

Abstract: We use synthetic control group methods to analyse the causal impact of CSR certification on the economic performance of a small set of Italian manufacturing firms that underwent SA8000 certification in 2009 or 2010. We find no evidence of a positive or negative impact of SA8000 certification on firm profitability and wages. The only outcome variable for which effects are positive and weakly significant in many instances are firms' turnover to assets ratios. From this we conclude that SA8000 certification has no strong impact on firm profitability and wage costs, but that it may be a viable marketing tool that increases company sales.

Keywords: Company Performance; Corporate Social Responsibility; SA8000 certification; Synthetic Control Groups (search for similar items in EconPapers)
Pages: 36 pages
Date: 2017-05
New Economics Papers: this item is included in nep-bec, nep-eff and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/60447 abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wpaper:y:2017:i:535

Access Statistics for this paper

More papers in WIFO Working Papers from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().