Business Law, Public Responsibility, and Ethics Commons^™

The Moderating Effect Of Third-Party Assurance On The Relationship Between Csr Disclosure And Investor Judgments, Leila Emily Hickman, Bernard Wong-On-Wing

Academic Conference on Good Business

Abstract:

Using a survey-based experiment, we investigate whether corporate social responsibility (CSR) disclosures can influence perceptions of corporate reputation and if these perceptions affect investors’ assessment of firms as attractive investments. After viewing CSR disclosures, participants were asked how they perceived the subject firm as a potential investment, and also how they assessed the firm’s reputation. Specifically, the subject firm’s CSR disclosure was manipulated to include either all-positive performance information or mixed information reporting that some CSR goals are not being achieved. A second manipulation divided disclosures into those that were based on information assured by a third-party and those …

Does Corporate Ethics Help Investors Forecast Future Earnings?, Chuan-San Wang

Academic Conference on Good Business

No abstract provided.

Is 2% The Solution? Experimental Evidence On The New Csr Rule In India, Naman Desai, Viswanath Pingali, Arindam Tripathy

Academic Conference on Good Business

No abstract provided.

The Effects Of Csr Reporting Regimes And Financial Conditions On Managers’ Willingness To Invest In Csr, Yasheng Chen, Johnny Jermias, Jamal Aldin Nazari

Academic Conference on Good Business

No abstract provided.

The Impact Of Formal And Informal Institutional Distances On Mne Corporate Social Performance, Dawn L. Keig, Victor B. Marshall, Lance Eliot Brouthers

Academic Conference on Good Business

Does country selection affect the corporate social performance (CSP) of multinational enterprises (MNEs)? In this study we suggest that greater institutional diversity within an MNE’s operating environment may adversely affect its ability to maintain higher levels of CSP. Using institutional distance and organizational learning as our theoretical lenses, we investigate the impact of institutional differences on CSP. We conceptualize the MNE as a unique portfolio of locations and use the MNE’s entire operating footprint to explore the effects of average portfolio formal and informal institutional distances on CSP. We hypothesize and find that firms with greater average informal institutional distance …

Csr Communication In Kitakyushu, Japan: Multiple Case Study, Kaori Takano

Academic Conference on Good Business

The city of Kitakyushu is located in Fukuoka prefecture, southwestern Japan. The Organization for Economic Co-operation and Development (OECD) designated it as one of the four “Green growth” model cities in the world. The city experienced industrial pollution in the 1960s, however, it currently enjoys a reputation for having successful environmental approaches. Because of this significant history, the author speculates that the Kitakyushu business community continues to be vigilant about socially responsible practices and their CSR communication with stakeholders may be more advanced compared to other businesses in Japan.

This multiple case study utilized two traditional data: Interviews and documents. …

Corporate Philanthropic Disaster Response In The Eyes Of A Filipino Entrepreneur, Andrea Santiago, Fernando Roxas

Academic Conference on Good Business

Catastrophic disasters have become more frequent and demand more resources yet corporate disaster response is not part of the mainstream corporate social responsibility activities of an organization. As such, disaster response is ad-hoc and unorganized. For greater effectiveness, organizations are called upon to share their core competencies in a more coordinated manner. However, to do this, corporate boards should be morally convinced to participate in such endeavors.

Self-Promotion No Longer Leaves A Bad Taste: Ajinomoto’S Csr Activity In Japanese Schools, Kaori Takano

Academic Conference on Good Business

Generally Japanese society does not value or encourage self-promotion. Therefore, Japanese corporations are generally quiet about corporate social responsibility (CSR). One Japanese multinational manufacturer of seasoning, Ajinomoto, does not fall into this category. Unlike the majority of the Japanese business community, Ajinomoto trumpets their CSR in the public sector. The top Japanese corporations normally choose not to pronounce their CSR, believing that it is not necessary to highlight their CSR activities if the company is basically doing what is considered the “right thing” for society. For this reason, Ajinomoto was selected for study because the case is unusual from cultural …

Practice Variation As Mechanism For Generating Institutional Complexity: Local Experiments In Funding Social Impact Business, Tracy A. Thompson, Jill Purdy

Academic Conference on Good Business

No abstract provided.

Empathy As An Alternative Paradigm In The Journey Toward Sustainability, Maria Lai-Ling Lam

Academic Conference on Good Business

Empathy as an Alternative Paradigm in the Journey toward Sustainability

A Market For Vice: An Exploration Of Strategic Irresponsibility, Oscar J. Stewart

Academic Conference on Good Business

Organizational scholarship has assumed that corporate irresponsibility (CI) is largely detrimental to corporate financial performance. Alternatively, CI may sometimes work in firms’ favor, though at the expense of stakeholders. Exploring this reality, I argue that many firms engage in strategic CI because there are short-term financial benefits or at least no clear financial payoffs for behaving otherwise. I critique the literature on CI and conceptualize the construct as more then corporate illegality and distinct from both corporate policy and low CSR. I then explain the proliferation of strategic CI as a strategy that firms employ toward competitive advantage. Importantly, CI …

Keynote Address: How Does An Academic In This Field Get Published?, Tom William Lee

Academic Conference on Good Business

Tom Lee, Professor of Management & Organization, Associate Dean for Academic & Faculty Affairs, Foster School of Business, University of Washington Seattle

Recipient of 2015 Herbert Heneman Jr. Award for Career Achivement from the Human Resources Division of the Academy of Management

Convincing The Skeptics: Concrete Claims With Supporting Images Persuade Skeptical Consumers To Support Companies Promoting Corporate Social Responsibility Initiatives, Jeff Joireman, Richie L. Liu, Ioannis Kareklas

Academic Conference on Good Business

Skepticism has been identified as one of the main impediments to successful CSR communication and previous research has established a robust effect of individual differences in ad skepticism on negative responses to advertising. However, little work has explored how ad skepticism impacts responses to CSR communication. Integrating work on CSR communication and ad skepticism, the present work advances a conceptual model addressing how concrete CSR claims and images supporting those claims can override skeptical consumers’ less favorable response to CSR advertising. Results show that highly skeptical consumers (a) respond less favorably to CSR ads than less skeptical consumers, overall; (b) …

Social Responsibility Reporting: Evidence From India’S Leading Corporations, Shalini Jain

Academic Conference on Good Business

Abstract

In this article, I examine how 121 leading corporations in India communicate the external relevance of their corporate social responsibility (CSR) programs/outputs and whether these outputs vary by ownership identity (foreign, government, and family), industry affiliation (environmentally sensitive and consumer proximate), and market orientation (inward and outward). I use content analysis from corporate websites, annual reports, and CSR/Sustainability reports to create a unique database on India. Indicators include issuance of stand-alone CSR/Sustainability reports, participation in GRI, UNGC, Carbon Disclosure Project, and UN Carbon Credits reporting and auditing, social and environmental data and disclosure scores, and CSR/Sustainability awards. My analysis …

Does Corporate Giving Signal Firm Quality?, Ying Li, Kiyoung Chang, Hoje Jo

Academic Conference on Good Business

No abstract provided.

Is Ethical Behavior Priced? Evidence From Audit Pricing, Li Z. Brooks

Academic Conference on Good Business

Audit Fees, Audit Pricing, Audit Risk, Corporate Social Responsibility, Engagement

Risk, Ethical Behavior

Do Csr Expenditures Help Investors Foresee Future Earnings?, Chuan-San Wang

Academic Conference on Good Business

The traditional view toward corporate social responsibility (CSR) activities is that they are a source of new information about future performance. We contradict this view by argument that expenditures on CSR activities are difficult to be properly disclosure, because they are not required to be reported in a separate account of financial statements. Consistent with this argument, our study documents a significant, positive association between CSR activities and expenses of selling, general and administrative for most of ratings from Kinder, Lydenburg, and Domini (KLD). Our results show that ratings for both positive indicators (strengths) and negative indicators (concerns) garble accounting …

Corporate Social Responsibility In Peru: Financial Performance Of Social Responsible Companies, Gustavo Adolfo Tanaka

Academic Conference on Good Business

The purpose of this paper is twofold: it aims first at reviewing Corporate Social Responsibility (CSR) in Peruvian corporations. Second, it analyzes the Corporate Financial Performance (CFP) of Peruvian companies that are regarded as socially responsible and have been recognized for their efforts with CSR awards.

Does Audit Firm Tenure Enhance Firm Value? Closing The Expectation Gap Through Corporate Social Responsibility, Li Z. Brooks

Academic Conference on Good Business

No abstract provided.

The Relationship Between Students’ Attitude Toward Business Ethics And Academic Misbehaviors, Sohyoun Shin

Academic Conference on Good Business

This paper attempts to expand the current research area which has explored the association between students’ academic dishonesty (i.e., exam cheating or plagiarism/fabrication) and attitude toward business ethics, by empirically testing the relationships between students’ undesirable academic behaviors (i.e., disrespectful behaviors or slacker behaviors) and their perception of business ethics. The results based on 133 surveys from the students enrolled in the business program at a northwestern regional comprehensive university, show that there are positive relationships between the focal constructs. Specifically, this study reveals that students who have reported higher frequencies of engaging in exam cheating, disrespectful behavior, or slacker …

Pedagogical Brief: Csr Consulting Project In An Online Mba, Alison Watkins, Carol Fisher

Academic Conference on Good Business

Research Brief: Corporate Partner Projects, Action Learning and Corporate Social Responsibility in the Online MBA

Abstract

Civic Engagement, Sustainability and Corporate Social Responsibility (CSR) are learning objectives for many MBA programs but implementing real world projects in an online environment takes careful consideration. This paper describes the process of creating and delivering a consulting project for a completely online MBA class from initial data gathering, to project outline and final results. We share what worked in this process and its success from the faculty, industry partner and student perspectives. The bottom line, don’t miss out on this type of opportunity …

Csr Initiatives Mitigate Negative Reactions To Service Failures When Customers Share The Firm’S Values, Jeff Joireman, Dustin Smith, Richie L. Liu, Jonathan Arthurs

Academic Conference on Good Business

The present paper investigates whether corporate social responsibility (CSR) promotes positive responses to service failures among value-aligned customers. Study 1 finds that customers are less likely to experience anger and spread negative word of mouth following a service failure when a firm engages in high (donating 15% of profits to environmental conservation) but not low levels of environmental CSR (donating 2% of profits), but only if customers are high in environmental concern. Study 2 explores the benefits of CSR policies targeting a broader range of beneficiaries and CSR policies offering customers choice over the firm’s CSR allocations. Results demonstrate that, …

Csr And The Social Contract: New Lenses For Stakeholder Analysis And Strategic Management, Mark A. Buchanan

Academic Conference on Good Business

On the macro level of business legitimacy, the terms and conditions of the Business-Society social contract are continually subject to renegotiation. These renegotiations flow from altered expectations of society generally and stakeholder groups specifically as to business’ role in value creation and take place principally in either marketplace or public policy arenas.

On the micro level of a firm’s license to operate, it must understand and address stakeholder expectations in order to succeed over the medium and longer term, i.e., to be sustainable. Stakeholder management, as related to corporate social responsibility (CSR) and sustainability, has increasingly been seen as presenting …

Ecological Worldviews: A Missing Perspective To Advance Sustainability Leadership, Steve Schein

Academic Conference on Good Business

ABSTRACT

This article presents the findings from an empirical study of ecological worldviews of global sustainability leaders. Although a significant body of research has emerged in recent years focused on corporate sustainability at the organizational level, the literature has paid less attention to corporate sustainability at the individual level. As a result, little is known about the deeper psychological motivations of sustainability leaders and how these motivations may influence their behavior and effectiveness as change agents.

The study was based on theoretical insights from several social science disciplines including deep ecology, eco-psychology, environmental sociology, and integral ecology. Drawing on interviews …

Informative Advertising And The Global Csr Initiatives, Shawn Pope

Academic Conference on Good Business

Both academics and the general public suspect a relationship between advertising and corporate social responsibility (CSR). The quantitative research thus far addresses only whether advertising precedes CSR practices, on the basis that advertisers use CSR as yet another tool for building the corporate brand. Findings have been inconclusive. This paper, rather, builds the “informative advertising” hypothesis, the idea advertising follows CSR practices, as firms attempt to publicize their good deeds. The global CSR initiatives are the case for analysis, namely the Global Compact, Global Reporting Initiative, and Carbon Disclosure Project. Results from this paper fail to support the informative advertising …

Authenticity And Appropriation As Issues In Corporate Social Responsibility, Paul Skilton

Academic Conference on Good Business

In this study I focus on CSR initiatives that appropriate goals values and categories from competing institutional logics to better understand why some of these initiatives are seen as authentic by stakeholders, while others are viewed as fake. I illustrate my theory development with examples from the competing logics of food production and distribution, and explore the differences that have produced varying outcomes in terms of perceived authenticity. I begin with a review of the literature and then discuss the multiple logics of food systems and the perceived authenticity of CSR initiatives in this arena.

Pay For Environmental Performance: The Effect Of Incentive Provision On Carbon Emissions, Ioannis Ioannou

Academic Conference on Good Business

An increasing number of companies are striving to reduce their carbon emissions and, as a result, they provide incentives to their employees linked to the reduction of carbon emissions. Using both fixed effects models and matching samples we find evidence that the use of monetary incentives is associated with higher carbon emissions. Moreover, we find that the use of nonmonetary incentives is associated with lower carbon emissions. Consistent with monetary incentives crowding out motivation for prosocial behavior, we find that the effect of monetary incentives on carbon emissions is fully eliminated when these incentives are provided to employees with formally …

Greed Is Good, Roger Mcneill White

Academic Conference on Good Business

Recent experimental CSR research suggests that principal philanthropy offers benefits to the firm. I test this finding using archival data in a natural experiment. In publically traded firms, I find that charitable pledges by blockholders create agency problems that overwhelm any benefits and destroy shareholder value. This effect is stronger when the blockholder has, beyond his economic incentives, a fiduciary duty (as a director or fund manager) to monitor the firm and its managers. I attribute these findings to small investors relying on the self-interest of major shareholders to monitor managers and other investors. A charitable pledge lessens the market’s …

Do Ethical Preferences Differ Depending On The Type Of Product? Implication For Csr Communication, Gautam Agarwal

Academic Conference on Good Business

This study will use ranking methodology to examine consumer preferences with respect to ethical and social issues relating to different products. Research has shown that consumers’ attitudes towards ethical and social issues are dependent on the product in question. It is thus important that the communication of CSR activities is based on those social product features that are relevant to the consumer. In this paper I will categorize products based on the results of consumer preferences with respect to ethical and social product features. The paper will also segment consumers based on their attitudes towards social and ethical issues. This …

How Does Corporate Social Responsibility Create Value For Consumers?, Todd Green, John Peloza

Academic Conference on Good Business

Purpose – Research examining corporate social responsibility (CSR) demonstrates a relatively consistent level of positive support by consumers. However, CSR is poorly defined and little is known about the mechanisms by which this response occurs. This paper seeks to understand how consumers define CSR and how it can enhance the overall value proposition for consumers. Design/methodology/approach – The value typology developed by Sheth et al. is integrated with qualitative data to enhance understanding of these value paths. Interviews were conducted with consumers through the heart of the current recession, when consumers were particularly aware of value when making purchase decisions. …