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Corporate Social Responsibility related management practices and Firm Performance: An Empirical Analysis of the Quantity-Quality Trade-off on French Data

Crifo, Patricia; Diaye, Marc-Arthur; Pekovic, Sanja (2013-04), Corporate Social Responsibility related management practices and Firm Performance: An Empirical Analysis of the Quantity-Quality Trade-off on French Data. https://basepub.dauphine.fr/handle/123456789/13127

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Type
Document de travail / Working paper
Date
2013-04
Pages
46 p.
Metadata
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Author(s)
Crifo, Patricia
Diaye, Marc-Arthur
Pekovic, Sanja
Abstract (EN)
This paper studies how different combinations of CRS dimensions affect corporate economic performance. We use various indicators of CSR to examine whether firms rely on different combinations of CSR, in terms of quality versus quantity of CSR practices. Our empirical analysis, based on an original database including more than 4000 French firms, shows that CSR dimensions in isolation impact differently on a firm’s profit. The interaction among various CSR dimensions exerts different influences on firm performance in term of profit, producing both substitutability and complementarity effects.
Subjects / Keywords
Corporate social responsibility; firms' performance; complementarity; trade-off; simultaneous equations models; selection
JEL
L25 - Firm Performance: Size, Diversification, and Scope
M14 - Corporate Culture; Diversity; Social Responsibility