Abstract
AbstractThis paper explores the role of corporate social responsibility (CSR) as an element in a corporation’s political action repertoire. Previous research has studied lobbying and CSR as a distinct means by which corporations seek to manage their non-market environment. Analyzing CSR as a political activity, we argue that corporations engage in CSR for the same reasons that prompt them to engage in lobbying. More specifically, we expect corporations to adopt CSR frameworks that are suitable to enhance their reputation in a given political arena. To evaluate this argument, we analyze the lobbying and CSR behavior in the EU and USA of over 2000 corporations from around the world. Our results show that lobbying and adopting CSR frameworks can be predicted by similar empirical models. Moreover, controlling for common predictors and endogeneity, lobbying in the EU is associated with an increased likelihood of a corporation adopting an appropriate CSR framework. However, corporations that lobby in Washington DC become less likely to engage in CSR the more they spend on lobbying. These findings shed new light on the relationship between lobbying and CSR while highlighting important differences in corporate non-market behavior across political arenas.
Funder
economic and social research council
Universität Stuttgart
Publisher
Springer Science and Business Media LLC
Subject
Sociology and Political Science
Reference61 articles.
1. Aizenberg, E., and M. Hanegraaff. 2020. Is politics under increasing corporate sway? A longitudinal study on the drivers of corporate access. West European Politics 43: 181–202.
2. Baron, D.P. 2001. Private politics, corporate social responsibility, and integrated strategy. Journal of Economics and Management Strategy 10: 7–45.
3. Bénabou, R., and J. Tirole. 2010. Individual and Corporate Social Responsibility. Economica 77: 1–19.
4. Bennie, L., P. Bernhagen, and N.J. Mitchell. 2007. The logic of transnational action: The good corporation and the global compact. Political Studies 55: 733–753.
5. Berliner, D., and A. Prakash. 2012. From norms to programs: The United Nations global compact and global governance. Regulation and Governance 6: 149–166.
Cited by
6 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献