Political corporate social responsibility: The role of deliberative capacity

• 成果类型: Article
• 署名作者: Carney, Richard W.; El Ghoul, Sadok; Guedhami, Omrane; Lu, Jane W.; Wang, He
• 署名单位: China Europe International Business School; University of Alberta; University of South Carolina System; University of South Carolina Columbia; City University of Hong Kong; West Virginia University
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-022-00533-7
• 发表日期: 2022
• 页码: 1766-1784
• 关键词: formal institutions; Informal institutions; political institutions; DELIBERATIVE DEMOCRACY; Corporate social responsibility

摘要

With an emphasis on deliberative processes that occur between managers and stakeholders, the political corporate social responsibility (PCSR) literature has made important advances to our understanding of CSR activities. However, these contributions have tended to focus exclusively on organizational settings. We contend that an understanding of firm-level CSR is incomplete without considering the interrelations between organizations and the wider socio-political environment. Building on work in comparative politics about formal and informal institutions, we posit that firm-level CSR will rise as the deliberative capacity of political institutions increases. The term deliberative capacity refers to the capacity of political institutions to enable diverse stakeholders to collectively assemble and voice their opinions. Findings from our analysis of 21,941 firm-year observations, comprising 3563 unique firms from 34 countries over the 2005-2017 period, suggest that the deliberative capacity of formal and informal institutions not only enhances firm-level CSR activities independently but also complements the deliberative processes at an organizational level in promoting CSR.