The transmission of socially responsible behaviour through international trade

Newman, Carol; Rand, John; Tarp, Finn; Trifković, Neda

doi:10.1016/j.euroecorev.2017.10.013

Cited by 47 publications

(45 citation statements)

References 58 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This evidence may suggest that those areas that receive firms' contributions may be more highly observable and more costly to be an effective signaling channel. Compared to other papers that just compute the overall CSR index [61], this paper has practical and theoretical contributions by showing which area may act better than others in terms of signaling, i.e., areas other than heritage preservation and youth improvement programs.…”

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

The Impact of Innovation on the Firm Performance and Corporate Social Responsibility of Vietnamese Manufacturing Firms

et al. 2019

View full text Add to dashboard Cite

Innovation is a complex process and has been shown to be influential towards different types of stakeholders. From the viewpoint of stakeholder theory, shareholders and creditors are more likely to be concerned about corporate financial performance. However, in the new era an enterprise’s responsibilities have to extend to other stakeholders, including its employees, suppliers and communities. This study aims to extend the literature by examining the individual effects of product and process innovations, and then their interactions with external collaboration, on firm performance and corporate social responsibility (CSR) activities in terms of local contributions for a sample of Vietnamese manufacturing firms during 2011–2013. Research findings suggest that process and product innovations are beneficial to firm performance in terms of market share, but not return on total assets. This implies that investment in innovative activities requires time to make positive changes in profitability, but it may help with winning customer loyalty. We also find evidence suggesting that innovation could make firms more obscure, especially when there are external parties involved. This motivates firms to send signals about their sustainability and goodwill through corporate social responsibility (CSR) activities. With regard to CSR activities, we are the first to provide a breakdown of categories of corporate social contribution towards the local well-being, and elaborate evidence on the effect of innovation on each category, rather than just a composite index of CSR as in some extant studies.

show abstract

Section: Resultsmentioning

confidence: 99%

“…As for CSR activities, GSO data provides information on corporate contributions towards 8 categories: environment, education, infrastructure, health, youth, poverty relief, heritage preservation, and sports. When a firm makes a contribution in any category, it receives 1 point, and 0 otherwise, following [61].…”

Section: Research Modelsmentioning

confidence: 99%

The Impact of Innovation on the Firm Performance and Corporate Social Responsibility of Vietnamese Manufacturing Firms

et al. 2019

View full text Add to dashboard Cite

show abstract

“…Overall, our findings offer evidence that CSR may have an independent positive impact on firm-level efficiency in Vietnam; and that this positive productivity effect is driven more by the engagement of (smaller) domestic firms in local community CSR initiatives than more strategic CSR initiatives by larger corporations (state and/or foreign owned). Noting that foreign-owned enterprises are found to engage relatively less in community-based CSR initiatives than both state-owned enterprises and domesticowned firms (Newman, Rand, Tarp, & Trifkovic, 2018) leads us to question the frequently found argument that increased foreign involvement in the economy will automatically bring about positive improvements in the corporate social behaviour of domestic firms through learning and spill-overs from foreign companies.…”

Section: Discussionmentioning

confidence: 99%

Corporate Social Responsibility in a Competitive Business Environment

Newman

Rand

Tarp

et al. 2020

The Journal of Development Studies

Self Cite

View full text Add to dashboard Cite

Using a representative sample of more than 5,000 Vietnamese enterprises, we explore the firm-level productivity effects of corporate social responsibility (CSR). The data enables us to create 12 quantitative CSR measures, which can be grouped into two broader categories related to management and community-based CSR initiatives. We find a positive relationship between adoption of CSR initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused CSR initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localised focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value-added (controlling for productivity differences) in exchange for working in a company that signals 'good' corporate values.

show abstract

“…In a modern globalized and technologically interconnected world, it is very difficult to lead a successful business which focuses entirely on a domestic market and relations with internal and external stakeholders on a domestic market (Lee et al, 2015). When a firm enters export markets, its stakeholder composition changes, making it likely that trade will impact on CSR through this mechanism (Newman et al, 2018). Therefore, more companies over the world are continually developing strategic tools which would allow them to attain and keep a competitive advantage on an international market, and the CSR concept in business is becoming an increasingly important differentiation tool (Boulouta and Pitelis, 2014).…”

Section: Csr Activities and Stakeholder Management In Export Organizamentioning

confidence: 99%

Corporate Social Responsibility and Stakeholders’ Management of Export Companies in Foreign Markets

Barić¹,

Omazić

Aleksić

2019

SSRN Journal

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. AbstractIn this paper, we investigate how corporate social responsibility (hereafter CSR) practices of domestic Croatian mid and large size firms differentiate them on foreign markets. Still, in order for export organizations to realize benefits offered by CSR, export organizations need to identify their main stakeholder groups and interests, and adequately design their CSR activities. This paper provides an overview of the main CSR activities of export organizations in foreign markets and analyses their stakeholder's management as well as the quality of relationships with their primary and secondary stakeholders on foreign markets. Results of empirical research on a sample of 78 medium and large Croatian export companies show that these export organizations invest significant efforts in implementation of different CSR activities, and into relationships with their primary stakeholders.

show abstract

The transmission of socially responsible behaviour through international trade

Cited by 47 publications

References 58 publications

The Impact of Innovation on the Firm Performance and Corporate Social Responsibility of Vietnamese Manufacturing Firms

The Impact of Innovation on the Firm Performance and Corporate Social Responsibility of Vietnamese Manufacturing Firms

Corporate Social Responsibility in a Competitive Business Environment

Corporate Social Responsibility and Stakeholders’ Management of Export Companies in Foreign Markets

Contact Info

Product

Resources

About