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Corporate Social Responsibility Strategy, Environment and Energy Policy

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  • Chao, Angela C.
  • Hong, Lucheng

Abstract

This paper investigates corporate social responsibility activities within the environmental realm, with particular focus on the case of energy industry. Comparing corporate social responsibility strategies in a differentiated duopoly with substitute products and eco-R&D, it shows that consumer-friendliness are significant, both production and profit will increase when the energy tax is imposed, but consumer surplus will decrease. Furthermore, if the rate of energy tax is not redundant, both prices of Low-energy-consuming products and common product will be reduced, resulting in a more conspicuous cost advantage to the firm adopting eco-R&D.

Suggested Citation

  • Chao, Angela C. & Hong, Lucheng, 2019. "Corporate Social Responsibility Strategy, Environment and Energy Policy," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 311-317.
  • Handle: RePEc:eee:streco:v:51:y:2019:i:c:p:311-317
    DOI: 10.1016/j.strueco.2018.11.010
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    References listed on IDEAS

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    Cited by:

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    3. Linghui Kong & Muhammad Safdar Sial & Naveed Ahmad & Mariana Sehleanu & Zhihui Li & Malik Zia-Ud-Din & Daniel Badulescu, 2021. "CSR as a Potential Motivator to Shape Employees’ View towards Nature for a Sustainable Workplace Environment," Sustainability, MDPI, vol. 13(3), pages 1-13, February.
    4. Boyao Zhang & Ubaldo Comite & Ali Gokhan Yucel & Xintao Liu & Mohammed Arshad Khan & Shahid Husain & Muhammad Safdar Sial & József Popp & Judit Oláh, 2021. "Unleashing the Importance of TQM and Knowledge Management for Organizational Sustainability in the Age of Circular Economy," Sustainability, MDPI, vol. 13(20), pages 1-18, October.
    5. Xin Jiang & Guanglong Li & Xianxian Fan, 2023. "Environmental Protection Fee-to-Tax and Corporate Environmental Social Responsibility: A Test Based on Corporate Life Cycle Theory," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    6. Nada Denona Bogovic & Zvonimira Sverko Grdic, 2020. "Transitioning to a Green Economy—Possible Effects on the Croatian Economy," Sustainability, MDPI, vol. 12(22), pages 1-19, November.
    7. Kun Li & Chaohua He & Wassim Dbouk & Ke Zhao, 2021. "The Value of CSR in Acquisitions: Evidence from China," Sustainability, MDPI, vol. 13(7), pages 1-21, March.

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