This study examines whether product market competition affects corporate social responsibility (CSR). To obtain … exogenous variation in product market competition, I exploit a quasi-natural experiment provided by large import tariff …

of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … regulatory framework conditions have been established, higher levels of competition positively influence R&D. Our results further … indicate that the relation between competition and innovative investment can be described as inverted U-shaped. Finally, we …