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Responsibility (CSR). One camp argues that CSR expansion is likely during periods of economic liberalization because CSR tends to â€¦ substitute for growing institutional voids and a lack of social regulation. The other camp argues that CSR is likely to diffuse â€¦ membership in business-led CSR organizations in over thirty countries from 1981 to 2008, we show that economic liberalization has â€¦
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We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional void of credit for small entrepreneurs in developing and emerging economies. Using a large global...
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