CSR, Innovation, and Firm Performance in Sluggish Growth Contexts: A Firm-Level Empirical Analysis

Rachel Bocquet, Christian Le Bas, Caroline Mothe and Nicolas Poussing
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Christian Le Bas: ESDES School of Management – Université Catholique de Lyon
Caroline Mothe: Université de Savoie Mont Blanc, IREGE

Journal of Business Ethics, 2017, vol. 146, issue 1, No 14, 254 pages

Abstract: Abstract The few studies that analyze the impact of a combined strategy of innovation and corporate social responsibility (CSR) on firm performance mostly focus on financial performance. In contrast, the current study considers the simultaneous impact of technological innovations (product and process) and CSR on firm growth, which provides a measure of medium-term economic performance. With a sample of 213 firms and a two-step procedure, this study reveals the differentiated effects of strategic versus responsive CSR behavior on the two technological innovation types, as well as the effects of the two innovation types on growth. The findings thus indicate that firms with strategic CSR achieve growth through both their product and their process innovations.

Keywords: CSR; Economic performance; Growth; Innovation (search for similar items in EconPapers)
Date: 2017
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Working Paper: CSR, Innovation, and Firm Performance in Sluggish Growth Contexts: A Firm-Level Empirical Analysis (2015)
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DOI: 10.1007/s10551-015-2959-8

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