The Relationship between Firm Innovation and Corporate Social Responsibility

被引：1
|
作者：
Berry, Thomas D. [1 ]
Wagner, Erica [2 ,3 ]
机构：
[1] Depaul Univ, Sucess, Chicago, IL 60604 USA
[2] Xavier Univ, Cincinnati, OH 45207 USA
[3] GE Aviat, Cincinnati, OH USA
来源：
BUSINESS & PROFESSIONAL ETHICS JOURNAL | 2019年 / 38卷 / 02期
关键词：
innovation; informational asymmetry; corporate social responsibility (CSR); research and development (R&D); PERFORMANCE; STRATEGY;
D O I：
10.5840/bpej201942578
中图分类号：
B82 [伦理学（道德学）];
学科分类号：
摘要：
Firm innovation creates an informational asymmetry between the firm and outside stakeholders. Since CSR activities have been shown to reduce asymmetries and risk we surmise that firms use discretionary CSR activities to reduce the asymmetries from innovation. We study an innovation intense industry (technology) and find results that support the hypothesis that firms use CSR to signal long term viability of innovative activities.
引用
收藏
页码：137 / 146
页数：10
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