 Does corporate social responsibility influence the corporate performance of the U.S. telecommunications industry?Wei-Kang Wang, Wen-Min Lu, Qian Long Kweh and Hsiao-Wen Lai Telecommunications Policy, 2014, vol. 38, issue 7, 580-591 Abstract: This study uses a two-stage approach to explore the relationship between the operational performance of U.S. telecommunications companies and their implementation of corporate social responsibility (CSR). In the first stage, this study adopts the dynamic data envelopment analysis model to measure the efficiency of the telecommunications industry in the U.S. from 2004 to 2008. The empirical results show that the corporate efficiency of those companies that implemented CSR was higher than that of those companies that did not. In the second stage, the study adopts OLS and 2SLS to explore the influence of the execution level of CSR on performance. The results show that the Kinder, Lyndenberg, and Domini & Co (KLD) social ratings indexes are significantly and positively related to corporate performance. Finally, this study suggests ways in which corporate policy makers can enhance CSR in order to improve corporate performance in the U.S. telecommunications industry. Keywords: Dynamic data envelopment analysis; Telecommunications industry in the U.S.; Corporate social responsibility (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:telpol:v:38:y:2014:i:7:p:580-591 Ordering information: This journal article can be ordered from DOI: 10.1016/j.telpol.2014.01.004 Access Statistics for this article Telecommunications Policy is currently edited by Erik Bohlin More articles in Telecommunications Policy from Elsevier |
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