Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146199
Authors: 
Newman, Carol
Rand, John
Tarp, Finn
Trifkovic, Neda
Year of Publication: 
2016
Series/Report no.: 
WIDER Working Paper 2016/7
Abstract: 
Using a specially designed survey instrument in combination with a representative sample of Vietnamese enterprises, we explore firm-level efficiency effects of corporate social responsibility. We find a positive relationship between adoption of corporate social responsibility initiatives and firm efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused corporate social responsibility initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder engagement has a localized focus. We provide evidence of reciprocity by showing that employees accept a lower share of additionally generated value added in exchange for working in a company that signals 'good' corporate values.
Subjects: 
firm efficiency
manufacturing
corporate social responsibility
Viet Nam
JEL: 
O12
O14
O35
O53
ISBN: 
978-92-9256-050-8
Document Type: 
Working Paper

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