David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 80 (4):755 - 769 (2008)
Using panel data of 4,244 company years, we examine whether and how corporate social performance (CSP) affects a firm’s capacity to achieve profitable sales in foreign markets. Based on our extension of instrumental stakeholder theory into the international arena, we hypothesized a U-shaped relationship between CSP and multinationality. Results supported our contention that multinational enterprises (MNEs) need to be substantially committed to social performance objectives if they are to recoup the cost of their CSP investments, and improve their capacity to compete in foreign markets. MNEs engaged in intermediate levels of CSP achieve lower levels of multinationality than firms operating at either anchor of the social performance continuum. In addition, this study demonstrates that CSP moderates a well-established relationship in international business literature – the relationship between R&D investment and a firm’s multinationality. Implications for research and practice are discussed.
|Keywords||corporate social performance international business multinationality|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Robert C. Padgett & Jose I. Galan (2010). The Effect of R&D Intensity on Corporate Social Responsibility. Journal of Business Ethics 93 (3):407 - 418.
Saim Kashmiri & Vijay Mahajan (forthcoming). A Rose by Any Other Name: Are Family Firms Named After Their Founding Families Rewarded More for Their New Product Introductions? Journal of Business Ethics.
Similar books and articles
Harry J. van Buren Iii (2005). An Employee-Centered Model of Corporate Social Performance. Business Ethics Quarterly 15 (4):687-709.
Maria-Gaia Soana (2011). The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector. Journal of Business Ethics 104 (1):133-148.
Peter A. Stanwick & Sarah D. Stanwick (1998). The Relationship Between Corporate Social Performance, and Organizational Size, Financial Performance, and Environmental Performance: An Empirical Examination. [REVIEW] Journal of Business Ethics 17 (2):195-204.
Philip L. Baird, Pinar Celikkol Geylani & Jeffrey A. Roberts (2012). Corporate Social and Financial Performance Re-Examined: Industry Effects in a Linear Mixed Model Analysis. [REVIEW] Journal of Business Ethics 109 (3):367-388.
Lisa Papania, Daniel M. Shapiro & John Peloza (2008). Social Impact as a Measure of Fit Between Firm Activities and Stakeholder Expectations. International Journal of Business Governance and Ethics 4 (1):3-16.
Bernadette M. Ruf, Krishnamurty Muralidhar, Robert M. Brown, Jay J. Janney & Karen Paul (2001). An Empirical Investigation of the Relationship Between Change in Corporate Social Performance and Financial Performance: A Stakeholder Theory Perspective. [REVIEW] Journal of Business Ethics 32 (2):143 - 156.
Daisuke Okamoto (2009). Social Relationship of a Firm and the Csp–Cfp Relationship in Japan: Using Artificial Neural Networks. [REVIEW] Journal of Business Ethics 87 (1):117 - 132.
Nikolay A. Dentchev (2004). Corporate Social Performance as a Business Strategy. Journal of Business Ethics 55 (4):397 - 412.
Rim Makni, Claude Francoeur & François Bellavance (2009). Causality Between Corporate Social Performance and Financial Performance: Evidence From Canadian Firms. [REVIEW] Journal of Business Ethics 89 (3):409 - 422.
Marc Orlitzky (2001). Does Firm Size Comfound the Relationship Between Corporate Social Performance and Firm Financial Performance? Journal of Business Ethics 33 (2):167 - 180.
Added to index2009-01-28
Total downloads24 ( #72,191 of 1,101,604 )
Recent downloads (6 months)7 ( #35,036 of 1,101,604 )
How can I increase my downloads?