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Corporate Social Responsibility and Firms’ Dynamic Productivity Change

In: Advances in Efficiency and Productivity II

Author

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  • Magdalena Kapelko

    (Wroclaw University of Economics and Business)

Abstract

This chapter examines the relationship between corporate social responsibility (CSR) and firms’ productivity change. The application focuses on panel data of US firms from 2004 to 2015. The chapter uses a dynamic data envelopment analysis (DEA) model to measure productivity change and its technical, technical-inefficiency, and scale-inefficiency change components. A bootstrap regression model relates CSR and its dimensions of social, environmental, and governance CSR with dynamic performance measures. Results support a positive association between CSR and dynamic productivity change. The findings also provide evidence about the relevance of CSR dimensions, as well as the components of dynamic productivity change, adding interesting insights into the relationship between CSR and productivity change.

Suggested Citation

  • Magdalena Kapelko, 2020. "Corporate Social Responsibility and Firms’ Dynamic Productivity Change," International Series in Operations Research & Management Science, in: Juan Aparicio & C. A. Knox Lovell & Jesus T. Pastor & Joe Zhu (ed.), Advances in Efficiency and Productivity II, pages 145-158, Springer.
    • Handle: RePEc:spr:isochp:978-3-030-41618-8_9
    DOI: 10.1007/978-3-030-41618-8_9
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    Citations

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    Cited by:

    1. Magdalena Kapelko & Alfons Oude Lansink & Encarna Guillamon‐Saorin, 2021. "Corporate social responsibility and dynamic productivity change in the US food and beverage manufacturing industry," Agribusiness, John Wiley & Sons, Ltd., vol. 37(2), pages 286-305, April.
    2. Tadesse Getacher Engida & Alfons G. J. M. Oude Lansink & Xudong Rao, 2022. "A dynamic by‐production framework for measuring productivity change in the presence of socially responsible and undesirable outputs: Evidence from European food processors," Agribusiness, John Wiley & Sons, Ltd., vol. 38(2), pages 279-294, April.
    3. Aparicio, Juan & Kapelko, Magdalena & Ortiz, Lidia, 2023. "Enhancing the measurement of firm inefficiency accounting for corporate social responsibility: A dynamic data envelopment analysis fuzzy approach," European Journal of Operational Research, Elsevier, vol. 306(2), pages 986-997.
    4. Minh, Thanh Nguyen & Quang, Tuyen Tran, 2022. "The effects of corporate social responsibility on firm efficiency: Inside the matrix of corporate finance," Finance Research Letters, Elsevier, vol. 46(PB).
    5. Theodoros Skevas & Ioannis Skevas & Victor E. Cabrera, 2021. "Examining the Relationship between Social Inefficiency and Financial Performance. Evidence from Wisconsin Dairy Farms," Sustainability, MDPI, vol. 13(7), pages 1-14, March.
    6. Pere Mercadé‐Melé & Carmina Fandos‐Herrera & Sofía Velasco‐Gómez, 2021. "How corporate social responsibility influences consumer behavior: An empirical analysis in the Spanish agrifood sector," Agribusiness, John Wiley & Sons, Ltd., vol. 37(3), pages 590-611, July.

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