What drives corporate social performance? The role of nation-level institutions

被引：968

作者：

Ioannou, Ioannis ^{[1
]}

Serafeim, George ^{[2
]}

机构：

[1] London Business Sch, London NW1 4SA, England

[2] Harvard Univ, Sch Business, Boston, MA 02163 USA

来源：

JOURNAL OF INTERNATIONAL BUSINESS STUDIES | 2012年 / 43卷 / 09期

关键词：

corporate social responsibility; business in society; markets and institutions; FINANCIAL PERFORMANCE; EARNINGS MANAGEMENT; EMPIRICAL-EXAMINATION; INDUSTRY MATTER; UNITED-STATES; RESPONSIBILITY; DETERMINANTS; PERSPECTIVE; GOVERNANCE; INVESTMENT;

D O I：

10.1057/jibs.2012.26

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Based on Whitley's "national business systems" (NBS) institutional framework, we theorize about and empirically investigate the impact of nation-level institutions on firms' corporate social performance (CSP). Using a sample of firms from 42 countries spanning seven years, we construct an annual composite CSP index for each firm, based on social and environmental metrics. We find that the political system, followed by the labor and education system, and the cultural system are the most important NBS categories of institutions that impact CSP. Interestingly, the financial system appears to have a relatively less significant impact. We discuss implications for research, practice and policymaking. Journal of International Business Studies (2012) 43, 834-864. doi: 10.1057/jibs.2012.26

引用

页码：834 / 864

页数：31

共 132 条

[81] What do we know about variance in accounting profitability? [J].