An Empirical Analysis of the Strategic Use of Corporate Social Responsibility

Donald Siegel and Donald Vitaliano

Journal of Economics & Management Strategy, 2007, vol. 16, issue 3, 773-792

Abstract: Recent theories of the strategic use of corporate social responsibility (CSR) emphasize the role of information asymmetry and how CSR is likely to be incorporated into a firm's product 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.

Date: 2007
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https://doi.org/10.1111/j.1530-9134.2007.00157.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:jemstr:v:16:y:2007:i:3:p:773-792

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