Competition and institutional drivers of corporate social performance

Johan Graafland, Hugo Smid

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Research into corporate social performance (CSP) recently shifted to studying
its political economic dimensions. In this paper, we test the influence of price and technological competition and two institutional factors, mandatory reporting and monitoring by non-governmental organizations (NGOs) and media, on CSP. Combining survey data with CSP ratings from Sustainalytics, we find that technological competition, monitoring by NGOs and media and mandatory CSP reporting foster CSP. However, price competition is not found to significantly influence CSP. This indicates that there is no support for the existence of a trade-off between anti-trust policy and CSP. Furthermore, our findings imply that governments can stimulate CSP by making CSP reporting mandatory.
Original languageEnglish
Pages (from-to)303-322
JournalDe Economist
Volume163
Issue number3
DOIs
Publication statusPublished - Sep 2015

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Corporate social performance
Non-governmental organizations
Monitoring
Price competition
Technological competition
Survey data
Performance ratings
Trade-offs
Government
Institutional factors
Political economics
Antitrust policy

Keywords

  • Corporate social performance
  • institutions
  • competition
  • Mandatory reporting
  • NGOs

Cite this

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Competition and institutional drivers of corporate social performance. / Graafland, Johan; Smid, Hugo.

In: De Economist, Vol. 163, No. 3, 09.2015, p. 303-322.

Research output: Contribution to journalArticleScientificpeer-review

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