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What Drives Corporate Social Performance? The Role of Nation-level Institutions

Journal of International Business Studies Vol. 43, No. 9: 834-864.
2012
  • 133
    Citations
  • 37,615
    Usage
  • 15
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    133
    • Citation Indexes
      133
  • Usage
    37,615
    • Abstract Views
      34,702
    • Downloads
      2,913
  • Captures
    15
    • Exports-Saves
      8
      • SSRN
        8
    • Readers
      7
      • SSRN
        7
  • Ratings
    • Download Rank
      8,992

Paper Description

Based on Whitley’s “National Business Systems” (NBS) institutional framework (Whitley 1997; 1999), we theorize about and empirically investigate the impact of nation-level institutions on firms’ corporate social performance (CSP). Using a sample of firms from 42 countries spanning seven years, we construct an annual composite CSP index for each firm based on social and environmental metrics. We find that the political system, followed by the labor and education system, and the cultural system are the most important NBS categories of institutions that impact CSP. Interestingly, the financial system appears to have a relatively less significant impact. We discuss implications for research, practice and policy-making.

Bibliographic Details

Ioannis Ioannou; George Serafeim

Corporate Social Performance; Corporate Social Responsibility; Environmental; Corporate Governance; International Institutions

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