Baron, David P.; Harjoto, Maretno A.; Jo, Hoje - Graduate School of Business, Stanford University - 2009
strategic, theories predict both that CSP is decreasing in product market competitiveness
(Bagnoli and Watts 2003) and … increasing in competitiveness (Fisman, Heal, and Nair, 2008). Our
estimates indicate no effect of competitiveness on CSP …) argue that CSP should be independent of industry
competitiveness if it is morally motivated. They find that CSP was …