When Necessity Becomes a Virtue: The Effect of Product Market Competition on CSR

When Necessity Becomes a Virtue: The Effect of Product Market Competition on CSR
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当需要成为美德:产品市场竞争对企业社会责任的影响

DOI:
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发表时间:
2008
期刊:
影响因子:
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通讯作者:
Juan SantalÃ
Juan SantalÃ
中科院分区:
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文献类型:
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作者:
Daniel Fernandez;Juan SantalÃ

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我们报告的证据表明,产品市场竞争与广泛使用的企业社会责任评级呈正相关。特别是,我们表明,不同的市场集中度的措施是负相关的社会影响评级。我们还提供了证据表明,进口渗透率的变化,进口关税是积极相关的,这些社会评级。最后,我们报告说,企业的污染水平是负相关的市场集中度的措施。我们的研究结果表明,在其他条件不变的情况下,市场竞争加倍会使一家公司的企业社会责任评级平均提高184%到800%。
We report evidence that Product Market Competition is positively associated to widely-used Corporate Social Responsibility ratings. In particular we show that different market concentration measures are negatively associated to social impact ratings. We also provide evidence that changes in import penetration rates instrumented by import tariffs are positively associated to these social ratings. Finally we report that firm pollution levels are negatively associated to market concentration measures. Our results suggest that -all else constant- doubling competition in the marketplace would increase CSR ratings of an average company between 184% and 800%.