Corporate Social Responsibility and Firms’ Dynamic Productivity Change

Magdalena Kapelko

A chapter in Advances in Efficiency and Productivity II, 2020, pp 145-158 from Springer

Abstract: Abstract This chapter examines the relationship between corporate social responsibility (CSR) and firms’ productivity change. The application focuses on panel data of US firms from 2004 to 2015. The chapter uses a dynamic data envelopment analysis (DEA) model to measure productivity change and its technical, technical-inefficiency, and scale-inefficiency change components. A bootstrap regression model relates CSR and its dimensions of social, environmental, and governance CSR with dynamic performance measures. Results support a positive association between CSR and dynamic productivity change. The findings also provide evidence about the relevance of CSR dimensions, as well as the components of dynamic productivity change, adding interesting insights into the relationship between CSR and productivity change.

Keywords: Corporate social responsibility; Dynamic productivity change; Dynamic Luenberger indicator; Data envelopment analysis (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/978-3-030-41618-8_9

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