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Corporate Social Responsibility In Japan: Analyzing The Participating Companies In Global Reporting Initiative

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Following the US and Europe, Japan is now becoming aware of the importance of Corporate Social Responsibility (CSR). In fact, Japan has become the country with the largest number of participants in Global Reporting Initiative (GRI), which is currently the most acknowledged reporting system of CSR in the world. However, the mere number of the participants does not tell much. The Japanese approach to CSR may well differ from the Western approach, given various differences in their socio-economic characteristics. Against this background, two empirical tests are conducted. The identification of the characteristics of the Japanese adopters of GRI Guidelines implies the erosion of the traditional corporate-centered system of that country both from outside and from inside. On the other hand, the manner of adoption is found to be quite different between Japan and the West, which may be a sign of cultural or systematic resistance to total convergence.

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  • Suzuki, Kenji & Tanimoto, Kanji, 2005. "Corporate Social Responsibility In Japan: Analyzing The Participating Companies In Global Reporting Initiative," EIJS Working Paper Series 208, Stockholm School of Economics, The European Institute of Japanese Studies.
  • Handle: RePEc:hhs:eijswp:0208
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    File URL: http://swopec.hhs.se/eijswp/papers/eijswp0208.pdf
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    1. Isabelle Maignan & David A Ralston, 2002. "Corporate Social Responsibility in Europe and the U.S.: Insights from Businesses' Self-presentations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 33(3), pages 497-514, September.
    2. Wokutch, Richard E. & Shepard, Jon M., 1999. "The Maturing of the Japanese Economy: Corporate Social Responsibility Implications," Business Ethics Quarterly, Cambridge University Press, vol. 9(3), pages 527-540, July.
    3. Wendy Chapple & Andrew Cooke & Vaughan Galt & David Paton, 2001. "The determinants of voluntary investment decisions," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 22(8), pages 453-463.
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    Cited by:

    1. C. Christopher Baughn & Nancy L. (Dusty) Bodie & John C. McIntosh, 2007. "Corporate social and environmental responsibility in Asian countries and other geographical regions," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 14(4), pages 189-205, September.
    2. Alexandra Cotae & Laura Bacali, 2017. "The influence of national culture on business organizations' commitment to environment sustainability in the European Union," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 14(2), pages 19-29, December.
    3. Yeh, Shu-Ling & Chen, Yu-Shan & Kao, Yi-Hui & Wu, Sou-Shan, 2014. "Obstacle factors of corporate social responsibility implementation: Empirical evidence from listed companies in Taiwan," The North American Journal of Economics and Finance, Elsevier, vol. 28(C), pages 313-326.
    4. Ki-Hoon Lee & David M. Herold, 2016. "Cultural relevance in corporate sustainability management: a comparison between Korea and Japan," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 1(1), pages 1-21, December.
    5. Victor Kane & Altay Dikeç & Jin Yong Park, 2017. "Cross-National CSR Web Reporting: A Comparative Analysis of Multinational Corporations in the U.S. and South Korea," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 1-28, March.
    6. Mohammad Badrul Haider & Kimitaka Nishitani, 2020. "Views of corporate managers on assurance of sustainability reporting: evidence from Japan," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 17(1), pages 1-19, March.
    7. Feng, Zhi-Yuan & Wang, Ming-Long & Huang, Hua-Wei, 2015. "Equity Financing and Social Responsibility: Further International Evidence," The International Journal of Accounting, Elsevier, vol. 50(3), pages 247-280.
    8. Mingjun Hou & Heng Liu & Peihua Fan & Zelong Wei, 2016. "Does CSR practice pay off in East Asian firms? A meta-analytic investigation," Asia Pacific Journal of Management, Springer, vol. 33(1), pages 195-228, March.
    9. Zhi-Yuan Feng & Ming-Long Wang & Hua-Wei Huang, 2014. "Research Note: Corporate Social Responsibility and Equity Financing in the Global Tourism Industry," Tourism Economics, , vol. 20(4), pages 869-883, August.

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    More about this item

    Keywords

    corporate social responsibility (CSR); global reporting initiative (GRI); international comparison; Japan; system perspective;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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