An Empirical Analysis of the Strategic Use of Corporate Social Responsibility
Donald Siegel () and
Donald Vitaliano ()
Rensselaer Working Papers in Economics from Rensselaer Polytechnic Institute, Department of Economics
Recent theories of the strategic use of corporate social responsibility (CSR) emphasize the role of information asymmetry and how CSR is likely to be matrixed into a firm's differentiation strategy. A key empirical implication of these theories is that firms selling experience or credence goods are more likely to be socially responsible than firms selling search goods. Using firm-level data, we report evidence that is consistent with this hypothesis.
JEL-codes: M14 D21 (search for similar items in EconPapers)
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Journal Article: An Empirical Analysis of the Strategic Use of Corporate Social Responsibility (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:rpi:rpiwpe:0602
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