Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179289
Authors: 
Huber, Peter
Pavlíková, Eva Abramuszkinová
Basovníková, Marcela
Year of Publication: 
2017
Series/Report no.: 
WIFO Working Papers 535
Abstract: 
We use synthetic control group methods to analyse the causal impact of CSR certification on the economic performance of a small set of Italian manufacturing firms that underwent SA8000 certification in 2009 or 2010. We find no evidence of a positive or negative impact of SA8000 certification on firm profitability and wages. The only outcome variable for which effects are positive and weakly significant in many instances are firms' turnover to assets ratios. From this we conclude that SA8000 certification has no strong impact on firm profitability and wage costs, but that it may be a viable marketing tool that increases company sales.
Subjects: 
Corporate Social Responsibility
Synthetic Control Groups
Company Performance
SA8000 certification
JEL: 
M14
L31
L21
Document Type: 
Working Paper

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