Valentina Marano (Moore School of Business, University of South Carolina)
We examine firms' adoption of CSR practices as a function of their embeddedness in global business networks. We propose that global business networks provide access to resources and information and channel CSR-related institutional influences to the focal firm. We find that the composite strength of the institutional requirements concerning CSR within the global business network and the heterogeneity of these institutional influences drive the firm’s decision to adopt CSR-related practices. We also find that firms are more likely to adopt CSR-related practices when they conduct business in countries with more stringent institutional contexts regarding CSR than their home country environment. In addition, results show that the nature of the economic relationships between firm and business partner also affects their power as conduits of institutional pressures. Our empirical results, based on a longitudinal study of 710 U.S. corporations, provide general support for the embeddedness hypotheses and highlight certain nuances of how embeddedness works.
When: Friday, May 10th, 2013, 1:00 - 2:00pm.
Where: SBA 140.
This event is free and open to the public.