Motives for Corporate Social Responsibility
In this article we analyze the motives of executives to take responsibility for the labor, environmental and social aspects of their business. We distinguish three motives: one extrinsic (financial) and two intrinsic (ethical and altruistic) motives and empirically investigate the influences of these motives on Corporate Social Responsibility (CSR) by means of a sample of 473 executives. The estimation results show that for social aspects of CSR, executives are significantly more driven by intrinsic motives than by the extrinsic motive. But also for environmental aspects of CSR intrinsic motives provide stronger stimulus than the extrinsic motive. Copyright Springer Science+Business Media New York 2012
Volume (Year): 160 (2012)
Issue (Month): 4 (December)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/journal/10645/PS2|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Frey, Bruno S & Jegen, Reto, 2001. " Motivation Crowding Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 15(5), pages 589-611, December.
- Sean Valentine & Gary Fleischman, 2008. "Ethics Programs, Perceived Corporate Social Responsibility and Job Satisfaction," Journal of Business Ethics, Springer, vol. 77(2), pages 159-172, January.
- Uri Gneezy & Aldo Rustichini, 2000. "Pay Enough or Don't Pay at All," The Quarterly Journal of Economics, Oxford University Press, vol. 115(3), pages 791-810.
- White, Mark D., 2004. "Can homo economicus follow Kant's categorical imperative?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(1), pages 89-106, March.
- J.J. Graafland & S.C.W. Eijffinger, 2004.
"Corporate social responsibility of Dutch companies: Benchmarking, transparency and robustness,"
Springer, vol. 152(3), pages 403-426, 09.
- Graafland, J.J. & Eijffinger, S.C.W., 2004. "Corporate social responsibility of Dutch companies : Benchmarking, transparency and robustness," Other publications TiSEM 3086f970-3051-4b5d-9c4a-a, Tilburg University, School of Economics and Management.
- Ven van de, B. & Graafland, J.J., 2006. "Strategic and moral motivation for corporate social responsibility," MPRA Paper 20278, University Library of Munich, Germany.
- David C. Ribar & Mark O. Wilhelm, 2002.
"Altruistic and Joy-of-Giving Motivations in Charitable Behavior,"
Journal of Political Economy,
University of Chicago Press, vol. 110(2), pages 425-457, April.
- Riber, D.C. & Wilhelm, M.O., 1996. "Altruistic and Joy-of-Giving Motivations in Charitable Behavior," Papers 1-96-4, Pennsylvania State - Department of Economics.
- David Murillo & Josep Lozano, 2006. "SMEs and CSR: An Approach to CSR in their Own Words," Journal of Business Ethics, Springer, vol. 67(3), pages 227-240, September.
- Adam Lindgreen & Valérie Swaen & Wesley Johnston, 2009. "Corporate Social Responsibility: An Empirical Investigation of U.S. Organizations," Journal of Business Ethics, Springer, vol. 85(2), pages 303-323, April.
- Matthew Rabin, 1998.
"Psychology and Economics,"
Journal of Economic Literature,
American Economic Association, vol. 36(1), pages 11-46, March.
- Rabin, Matthew, 1997. "Psychology and Economics," Department of Economics, Working Paper Series qt8jd5z5j2, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Matthew Rabin., 1997. "Psychology and Economics," Economics Working Papers 97-251, University of California at Berkeley.
- Peggy Brønn & Deborah Vidaver-Cohen, 2009. "Corporate Motives for Social Initiative: Legitimacy, Sustainability, or the Bottom Line?," Journal of Business Ethics, Springer, vol. 87(1), pages 91-109, April.
- Judith F. Posnikoff, 1997. "Disinvestment From South Africa: They Did Well By Doing Good," Contemporary Economic Policy, Western Economic Association International, vol. 15(1), pages 76-86, 01.
- Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
- Jan Lepoutre & AimÃ© Heene, 2006.
"Investigating the Impact of Firm Size on Small Business Social Responsibility: A Critical Review,"
Journal of Business Ethics,
Springer, vol. 67(3), pages 257-273, September.
- J. Lepoutre & A. Heene, 2006. "Investigating the Impact of Firm Size on Small Business Social Responsibility: a Critical Review," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/396, Ghent University, Faculty of Economics and Business Administration.
- Barbara Lougee & James Wallace, 2008. "The Corporate Social Responsibility (CSR) Trend," Journal of Applied Corporate Finance, Morgan Stanley, vol. 20(1), pages 96-108.
- Kjetil Telle & Iulie Aslaksen & Terje Synnestvedt, 2004.
""It pays to be green" - a premature conclusion?,"
394, Statistics Norway, Research Department.
- A. Lindgreen & V. Swaen & W. Johnston, 2009. "Corporate social responsibility : an empirical investigation of U.S. organizations," Post-Print hal-00575825, HAL.
- Greg Filbeck & Raymond Gorman, 2004. "The Relationship between the Environmental and Financial Performance of Public Utilities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(2), pages 137-157, October.
- Agle, Bradley R. & Van Buren, Harry J., 1999. "God and Mammon: The Modern Relationship," Business Ethics Quarterly, Cambridge University Press, vol. 9(04), pages 563-582, October.
When requesting a correction, please mention this item's handle: RePEc:kap:decono:v:160:y:2012:i:4:p:377-396. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.