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Introduction: Corporate Social Responsibility and Japanese Corporations

In: Corporate Social Responsibility and Corporate Finance in Japan

Author

Listed:
  • Megumi Suto

    (Waseda University)

  • Hitoshi Takehara

    (Waseda University)

Abstract

Corporate social responsibility (CSR) is globally recognized as one of the core components of corporate strategy for ensuring the long-term value and sustainable growth of a firm. In the rapid globalization of business and finance since the 1980s, business corporations have had unprecedented influence on the societies and communities in which they operate, natural environment preservationNatural environment preservation , and resource allocation. Alongside financial liberalization and globalization since the 1990s, the linkage between the financial market’s perception of CSP and corporate financing has been attracting interest among researchers. In corporate financing, however, investors and financial institutions might not have a shared comprehensive understanding of CSR with their investees and borrowers, and there could be a perception gap of CSR between investors and financial institutions.

Suggested Citation

  • Megumi Suto & Hitoshi Takehara, 2018. "Introduction: Corporate Social Responsibility and Japanese Corporations," Advances in Japanese Business and Economics, in: Corporate Social Responsibility and Corporate Finance in Japan, chapter 0, pages 1-13, Springer.
    • Handle: RePEc:spr:advchp:978-981-10-8986-2_1
    DOI: 10.1007/978-981-10-8986-2_1
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    Cited by:

    1. AMBASHI Masahito, 2023. "How are Organizational Architectures of Corporate Social Responsibility Related to Corporate Performance? The case of Japanese listed companies," Discussion papers 23030, Research Institute of Economy, Trade and Industry (RIETI).

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