The impact of a CSR committee on CSR performance

Katsuyuki Kubo and Ryo Sasaki

Japan and the World Economy, 2024, vol. 71, issue C

Abstract: This study investigates the impact of introducing corporate social responsibility (CSR) committees on firms’ CSR performance. Using a sample of publicly traded Japanese companies for the period of 2011–2021, we employ propensity score matching difference-in-differences methods to address endogeneity issues. Our main findings reveal that the introduction of a CSR committee significantly improves CSR performance, providing support for the importance of structured and dedicated efforts toward achieving sustainability. In addition, our study contributes to the literature by examining the effects of the detailed components of environmental and social scores on CSR performance, offering a granular understanding of how CSR committees may influence various aspects of CSR performance.

Keywords: CSR committee; Corporate social responsibility; Corporate governance; Japan (search for similar items in EconPapers)
JEL-codes: G34 M14 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S092214252400032X
Full text for ScienceDirect subscribers only

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:eee:japwor:v:71:y:2024:i:c:s092214252400032x

DOI: 10.1016/j.japwor.2024.101269

Access Statistics for this article

Japan and the World Economy is currently edited by Robert Dekle and Yasushi Hamao

More articles in Japan and the World Economy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().