Corporate social responsibility in a competitive business environment

Arbeitspapier

Using a specially designed survey instrument in combination with a representative sample of Vietnamese enterprises, we explore firm-level efficiency effects of corporate social responsibility. We find a positive relationship between adoption of corporate social responsibility initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused corporate social responsibility initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localized focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value added in exchange for working in a company that signals 'good' corporate values.

Object Details

• ISBN: 978-92-9256-050-8
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Working Paper ; No. 2016/7

Classification and Topics

• Classification: Wirtschaft ; Microeconomic Analyses of Economic Development ; Industrialization; Manufacturing and Service Industries; Choice of Technology ; Social Innovation ; Economywide Country Studies: Asia including Middle East
• Subject: firm efficiency ; manufacturing ; corporate social responsibility ; Viet Nam

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Newman, Carol ; Rand, John ; Tarp, Finn ; Trifkovic, Neda
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2016

Further information

• DOI: doi:10.35188/UNU-WIDER/2016/050-8
• Handle: http://hdl.handle.net/10419/146199
• Last update: 10.03.2025, 11:42 AM CET