Corporate Responsibility in the Global Village:  The British Role Model and the American Laggard

Aaronson, Susan Ariel

doi:10.1111/1467-8594.00167

Cited by 68 publications

(55 citation statements)

References 2 publications

(1 reference statement)

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“…They reveal strong relationships between CSR and ESG practices and the country's economic, political, and social contexts, which reflect the importance of a country's development of such institutional capacity to promote and support CSR practices. Aaronson et al [70] analyzed the differences between U.K. and U.S. firms. They conclude that firms in U.K and the U.S.-two nations with similar political and entrepreneurial cultures-have taken such different approaches to CSR policies.…”

Section: The Role Of Country As a Moderator Variablementioning

confidence: 99%

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

2015

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This paper aims to investigate companies' environmental, social, governance (ESG), and financial implications of their commitment to the United Nations Global Compact (UNGC). The focus is placed on companies operating in the three countries with the highest number of UNGC participants: Spain, France, and Japan. The results clearly reveal that adoption of the UNGC often requires an organizational change that fosters stakeholder engagement, ultimately resulting in improvements in companies' ESG performance. Additionally, the results reveal that ESG performance has a significant impact on financial performance for companies that adopted the principles of the UNGC. These findings provide both non-financial and financial incentives to companies to commit to this voluntary corporate social responsibility (CSR) initiative, which will have important implications on companies' strategic management policies that aim to foster sustainable businesses and community development. Finally, the linkages between the UNGC-committed companies' ESG and financial performance may be influenced by geographical spread, mainly due to the appearance of differences in the institutional, societal, and cultural settings.

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Section: The Role Of Country As a Moderator Variablementioning

confidence: 99%

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

2015

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“…England is one of the developed countries and strong, have shown their concern for social and environmental issues (Aaronson 2003;Moon, 2004). Concern from the British government was demonstrated in several documents (written rules) related to CSR.…”

Section: Previous Studies and Hypothesis Developmentmentioning

confidence: 99%

“…The government has identified CSR as a potential contributor to improve their communities. Therefore, CSR in the UK has grown better from in other countries that are comparable in this period (Aaronson 2003). Under the British Society believes the government's efforts in social issues reflected in the country at large market and will continue to grow hand in hand.…”

Section: Previous Studies and Hypothesis Developmentmentioning

confidence: 99%

Determinant of Corporate Social Responsibility: Case From Indonesia

Barusman¹,

Lindrianasari²

2017

EKUITAS

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The purpose of research is to provide empirical evidence of the factors that influence the extent of disclosure index of corporate social responsibility. Index of corporate social responsibility disclosure in this study using the GRI G3.1 index, which consists of six main points; the direct economic influence, matters related to the environment, labor practices, human rights, social, and responsibility for the product. The data of this study using secondary data, obtained from annual reports of companies listed in Indonesia Stock Exchange. The sample used in the study were as many as 20 companies were selected using random sampling. Observations made during the period 2007-2014. In the observation period, the Indonesian government issued Act No. 17, 2007 that one of its content requires the company in Indonesia to allocate funds for the social and environmental responsibility. The results of this study indicate that the ownership (stocks) government, the specifications of the company, and the size of the company become the best determination for CSR index. In addition, regulatory theory predicts that government involvement will encourage more companies adhere to the rules prevailing, successfully confirmed in this study.

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“…Recently, scholars have noted broader roles that governments have played in promoting CSR [15][16][17][18][19]. Crane and Matten [20] argue that the role of government has changed from traditional regulator of dependent firms to that of multi-faceted player in the face of increased corporate power.…”

Section: Defining Corporate Social Responsibilitymentioning

confidence: 99%

Food Safety and the Role of the Government: Im-plications for CSR Policies in China

Dellios¹,

Yang²,

Yilmaz³

2009

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Corporate Responsibility in the Global Village:  The British Role Model and the American Laggard

Cited by 68 publications

References 2 publications

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

Determinant of Corporate Social Responsibility: Case From Indonesia

Food Safety and the Role of the Government: Im-plications for CSR Policies in China

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Corporate Responsibility in the Global Village: The British Role Model and the American Laggard

Cited by 68 publications

References 2 publications

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

The Environmental, Social, Governance, and Financial Performance Effects on Companies that Adopt the United Nations Global Compact

Determinant of Corporate Social Responsibility: Case From Indonesia

Food Safety and the Role of the Government: Im-plications for CSR Policies in China

Contact Info

Product

Resources

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Corporate Responsibility in the Global Village:  The British Role Model and the American Laggard