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Corporate responsibility and national institutions: A quantitative assessment


  • Halkos, George
  • Skouloudis, Antonios


Corporate social responsibility (CSR) footprints in terms of relevant policies, plans and programs are evident at a global scale, but the level of national uptake and penetration differs, as countries differ considerably in terms of institutional efficiency. With this in mind, the purpose of this study is to investigate the relationship between CSR penetration and institutional conditions that shape and define the macroeconomic environment and development dynamics of countries. Building on Campbell's (2007) seminal framework on institutional parameters that facilitate effective CSR management, we offer new findings on the national specificity of CSR and additional perspectives for future research on the political economy of responsible business conduct.

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  • Halkos, George & Skouloudis, Antonios, 2016. "Corporate responsibility and national institutions: A quantitative assessment," MPRA Paper 70210, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:70210

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    References listed on IDEAS

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    Cited by:

    1. Caroline K. SOSCHINSKI & Mikaéli da S. GIORDANI & Roberto Carlos KLANN & Maria Margarete B. BRIZOLLA, 2021. "Influence Of National Culture On Corporate Social Responsibility," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 71-88, July.
    2. Simone Pizzi, 2018. "The Relationship between Non-financial Reporting, Environmental Strategies and Financial Performance. Empirical Evidence from Milano Stock Exchange," Administrative Sciences, MDPI, vol. 8(4), pages 1-9, November.
    3. Qian Hongdao & Sughra Bibi & Asif Khan & Lorenzo Ardito & Mohammad Nurunnabi, 2019. "Does What Goes Around Really Comes Around? The Mediating Effect of CSR on the Relationship between Transformational Leadership and Employee’s Job Performance in Law Firms," Sustainability, MDPI, vol. 11(12), pages 1-19, June.
    4. Ijaz Ur Rehman & Faisal Shahzad & Khawaja Fawad Latif & Noman Nawab & Abdul Rashid & Shabir Hyder, 2021. "Does corporate social responsibility mediate the influence of national culture on investment inefficiency? Firm‐level evidence from Asia Pacific," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3484-3503, July.
    5. Iván Arribas & María Dolores Espinós-Vañó & Fernando García & Paula Beatriz Morales-Bañuelos, 2019. "The Inclusion of Socially Irresponsible Companies in Sustainable Stock Indices," Sustainability, MDPI, vol. 11(7), pages 1-14, April.
    6. Taeuk Kim & Sunmi Yun, 2019. "How Will Changes toward Pro-Environmental Behavior Play in Customers’ Perceived Value of Environmental Concerns at Coffee Shops?," Sustainability, MDPI, vol. 11(14), pages 1-19, July.
    7. Halkos, George & Nomikos, Stylianos, 2021. "Business concerns regarding environmental responsibility," MPRA Paper 105330, University Library of Munich, Germany.
    8. Poonyawat Sreesing & Zhuoran Zhang & Kai-Ping Huang*, 2019. "How Firms’ Tax Incentives Affect Their Corporate Social Responsibility Activities: Evidence From Thailand’s Tax Cut in 2012," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(3), pages 615-619, 03-2019.
    9. Farah Ameer, Naveed R. Khan, 2019. "National Culture, Employee's Engagement and Employee's CSR Perceptions in Technology Based Firms of Pakistan," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 6(2), pages 54-74, October.
    10. Halkos, George & Zisiadou, Argyro, 2016. "Environmental performance index and economic welfare," MPRA Paper 75561, University Library of Munich, Germany.
    11. Mohsin Abdur Rehman & Muhammad Kashif & Michela Mingione, 2019. "Corporate Social Responsibility and Sustainability (CSRS) Initiatives among European and Asian Business Schools: A Web-based Content Analysis," Global Business Review, International Management Institute, vol. 20(5), pages 1231-1247, October.
    12. Yi Zhang & Qianqian Shang & Chun Liu, 2018. "FDI Spillovers on Corporate Social Responsibility: The Channel of Labor Mobility," Sustainability, MDPI, vol. 10(11), pages 1-22, November.
    13. Appel Mahmud & Donghong Ding & Ataullah Kiani & Md. Morshadul Hasan, 2020. "Corporate Social Responsibility Programs and Community Perceptions of Societal Progress in Bangladesh: A Multimethod Approach," SAGE Open, , vol. 10(2), pages 21582440209, May.

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    More about this item


    Corporate social responsibility (CSR); national institutions; national index; cross-country analysis.;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other

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    This paper has been announced in the following NEP Reports:


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