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The relationship between public listing, context, multi-nationality and internal CSR

Goergen, M and Chahine, S and Wood, GT and Brewster, C (2019) 'The relationship between public listing, context, multi-nationality and internal CSR.' Journal of Corporate Finance, 57. pp. 122-141. ISSN 0929-1199

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Are MNEs more socially responsible, and where is this more likely to occur? Are firms less responsible in emerging or transitional economies, and what impact does the dominant national corporate governance regime have? We explore the association between public listing and the existence of a CSR code within specific institutional settings and assess whether MNEs are any different to their local counterparts, based on an internationally comparative survey. We find that listed firms as well as firms from civil law countries are more likely to have CSR statements. MNEs are also more likely to have CSR statement, independent of their country of origin. While we find consistent evidence of a correlation between the existence of a CSR statement and investment in staff training, the correlation between the former and employee-friendly HRM is weaker.

Item Type: Article
Uncontrolled Keywords: Corporate governance; Legal institutions; Corporate social responsibility (CSR); MNEs; Country of domicile pressures
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Essex Business School
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 24 Nov 2017 14:58
Last Modified: 06 Jan 2022 13:44

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