Do corporations care? Corporate Social Responsibility and firm’s engagement

Eugenia Suarez Moran ()
Additional contact information
Eugenia Suarez Moran: Universidad Panamericana. Escuela de Ciencias Economicas y Empresariales

EconoQuantum, Revista de Economia y Finanzas, 2020, vol. 17, issue 1, 7-27

Abstract: What are the firm’s determinants to engage in Corporate Social Responsibility (CSR)? Under what conditions is it likely to occur? Evidence suggests three possible mechanisms that affect a firm’s engagement in CSR the role of growth in value added within an industry, peer effects and workers’ attitudes. Results are consistent with the institutional framework theory, which suggests that firms engage in CSR practices in times of economic prosperity. Further evidence shows that peer effects are also relevant on a firm’s decision to take part in CSR. Regarding workers’ attitudes, this paper provides evidence of a weak link between labor force preferences and a firm’s decision to engage in CSR.

Keywords: Business cycle; Corporate Social Responsibility; institutional economics. (search for similar items in EconPapers)
JEL-codes: D22 E32 L21 M14 M51 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econoquantum.cucea.udg.mx/index.php/EQ/article/view/7147
https://econoquantum.cucea.udg.mx/index.php/EQ/issue/view/697

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:qua:journl:v:17:y:2020:i:1:p:7-27

Access Statistics for this article

EconoQuantum, Revista de Economia y Finanzas is currently edited by Isai Guizar Mateos

More articles in EconoQuantum, Revista de Economia y Finanzas from Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia. Contact information at EDIRC.
Bibliographic data for series maintained by Sandra Ivett Portugal Padilla ().