Substitution Between Corporate Social Responsibility Activities: Evidence from Hiring and Mistreating Unauthorized Workers and Pollution

• 成果类型: Article; Early Access
• 署名作者: Huang, Ying; Li, Ningzhong; Zhou, Xiaolu
• 署名单位: University of Texas System; University of Texas Dallas; Chinese University of Hong Kong
• 刊物名称: MANAGEMENT SCIENCE
• ISSN/ISSBN: 0025-1909
• DOI: 10.1287/mnsc.2022.02310
• 发表日期: 2025
• 关键词: Corporate social responsibility (CSR); environmental; social; and governance (ESG); pollution; unauthorized workers; E -Verify

摘要

We argue substitution can exist among corporate social responsibility (CSR) investments, and exogenously increasing one CSR investment could lead to a decrease in another CSR investment. We provide evidence using the U.S. states' staggered adoptions of E-Verify mandates, which curtail a labor-related social bad by reducing the hiring of unauthorized workers and related workplace abuses. We find the mandate leads to an increase in plant-level pollution, an environmental social bad, and the effect is stronger when the mandate applies to more employers, for plants in states with more unauthorized workers in the labor force, and for plants with jobs that are inherently more hazardous.