Corporate social responsibility in times of financial crisis

被引：0
|
作者：
Karaibrahimoglu, Yasemin Zengin [1 ]
机构：
[1] Izmir Univ Econ, Dept Business Adm, Fac Econ & Adm Sci, TR-35110 Izmir, Turkey
来源：
AFRICAN JOURNAL OF BUSINESS MANAGEMENT | 2010年 / 4卷 / 04期
关键词：
Corporate social responsibility; financial crisis; contract theory; CSR; PERFORMANCE; DISCLOSURES;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The purpose of this study is to examine the effects of financial crisis on the number and extent of CSR projects. It is presumed that, during a financial crisis, as organizations act more conservatively and defensively (Cheney et al., 1990), they fail to balance the expectations of related parties. Therefore, organizations might choose not to engage in CSR projects. To study this, globally operating companies listed in Fortune 500 were examined by using paired sample t tests on 100 randomly-sampled global companies from the list of Fortune 500. Overall, it was found that there is significant drop in numbers and extent of CSR projects in times of financial crisis. The study contributes to the literature by initiating discussions on CSR and the ways they are affected by financial crisis.
引用
收藏
页码：382 / 389
页数：8
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