Showing 1 - 10 of 329
;corporate social responsibilityquot; (CSR), particularly in the realm of environmental protection. Beyond complete compliance with …
Persistent link: https://www.econbiz.de/10012759317
We document that investors derive nonpecuniary utility from investing in dual-objective VC funds, thus sacrificing returns. Impact funds earn 4.7 percentage points (ppts) lower IRRs ex post than traditional VC funds. In random utility/willingness-to-pay (WTP) models investors accept 2.5-3.7 ppts...
Persistent link: https://www.econbiz.de/10012857728
This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences...
Persistent link: https://www.econbiz.de/10012858024
responsibility (CSR). Our natural field experiment, in which we created our own firm and hired actual workers, generates a rich data … set on worker behavior and responses to both pecuniary and CSR incentives. Making use of a novel identification framework … treatment and selection effects of both CSR and financial incentives. Using data from more than 1100 job seekers, we find strong …
Persistent link: https://www.econbiz.de/10012863278
This study provides an economic analysis of the determinants and consequences of corporate social responsibility (CSR …) and sustainability reporting. To frame our analysis, we consider a widespread mandatory adoption of CSR reporting … effects of CSR activities and policies themselves. It draws on an extensive review of the relevant academic (CSR and non-CSR …
Persistent link: https://www.econbiz.de/10012864472
Two for-profit Philippine social enterprises, aiming to demonstrate corporate social responsibility by increasing microlending to the poor, incorporated a widely-used poverty measurement tool into their loan applications and tested the tool using randomized training content. Treated loan...
Persistent link: https://www.econbiz.de/10012925285
Corporate Social Responsibility (CSR) has become a cornerstone of modern business practice, developing from a “why” in … the 1960s to a “must” today. Early empirical evidence on both the demand and supply sides has largely confirmed CSR …'s efficacy. This paper combines theory with a large-scale natural field experiment to connect CSR to an important but often …
Persistent link: https://www.econbiz.de/10012931211
This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...
Persistent link: https://www.econbiz.de/10012954434
We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our …, this means CSR can either increase or decrease social welfare, depending on the costs of political capture …
Persistent link: https://www.econbiz.de/10013019118
Three reasons are often cited for the value of corporate social responsibility: product quality signalling, delegated giving, and the halo effect. Previous tests cannot separate these channels because they focus on consumers, who value all three. We focus on prosecutors, who are only susceptible...
Persistent link: https://www.econbiz.de/10013021880