Strategic corporate social responsibility activities and corporate governance in imperfectly competitive markets

Managerial and Decision Economics

Volumn 35, Issue 7, 2014, Pages 460-473

  Manasakis, Constantine ^a   Mitrokostas, Evangelos ^b   Petrakis, Emmanuel ^a  

^a UNIVERSITY OF CRETE   (Greece)

^b UNIVERSITY OF PORTSMOUTH   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84908251302     PISSN: 01436570     EISSN: 10991468     Source Type: Journal    
DOI: 10.1002/mde.2635     Document Type: Article

References (47)

1. Andries M. 2008. Social Responsibility and Asset Prices: Is there a Relationship? University of Chicago: Mimeo
2. Bagnoli M, Watts SG. 2003. Selling to socially responsible consumers: competition and the private provision of public goods. Journal of Economics and Management Strategy 12: 419-445
3. Baron DP. 2001. Private politics, corporate social responsibility, and integrated strategy. Journal of Economics and Management Strategy 10: 7-45
4. Baron DP. 2008. Managerial contracting and corporate social responsibility. Journal of Public Economics 92: 268-288
5. Baron DP, Harjoto MA, Jo H. 2008. The economics and politics of corporate social performance. Stanford Graduate School of Business, Stanford University, Research Paper No. 1993
6. Becchetti L, Costantino M. 2006. Fair trade on marginalised producers: an impact analysis on Kenyan farmers. Working paper ECINEQ2006-41
7. Becchetti L, Giallonardo L, Tessitore ME. 2006. Consumer driven market mechanisms to fight inequality: the case of CSR/product differentiation models with asymmetric information. Working paper ECINEQ2006/50
8. Benabou R, Tirole J. 2006. Incentives and prosocial behavior. American Economic Review 96: 1653-1678
9. Benabou R, Tirole J. 2010. Individual and corporate social responsibility. Economica 77: 1-19
10. Besley T, Ghatak M. 2005. Competition and incentives with motivated agents. American Economic Review 95: 616-636
11. Besley T, Ghatak M. 2007. Retailing public goods: the economics of corporate social responsibility. Journal of Public Economics 91: 1645-1663
12. Bhattacharya H, Dugar S. 2012. Status incentives and performance. Managerial and Decision Economics 33: 549-563
13. Blanco E, Ray-Maquiera J, Lozano J. 2009. Economic incentives for tourism firms to undertake voluntary environmental management. Tourism Management 30: 112-122
14. Bottega L, De Freitas J. 2009. Public, private and not for profit environmental regulation. Journal of Economics and Management Strategy 18: 105-123
15. Brisley N, Bris A, Cabolis C. 2011. A theory of optimal expropriation, mergers and industry competition. Journal of Banking and Finance 35: 955-965
16. Calveras A, Ganuza JJ. 2010. The role of public information in corporate social responsibility. Mimeo
17. Calveras A, Ganuza JJ, Llobet G. 2006. Regulation, corporate social responsibility and activism. Journal of Economics and Management Strategy 16: 719-740
18. Cason TN, Gangadharan L. 2002. Environmental labeling and incomplete consumer information in laboratory markets. Journal of Environmental Economics and Management 43: 113-134
19. Doh JP, Guay TR. 2006. Corporate social responsibility, public policy, and NGO activism in Europe and the United States: an institutional-stakeholder perspective. Journal of Management Studies 43: 47-73
20. Elfenbein DW, McManus B. 2007. A greater price for a greater good? Evidence that consumers pay more for charity-linked products. Working paper, Washington University
21. European Commission. 2001. Promoting a European framework for corporate social responsibility. Green Paper and COM 366, Brussels
22. European Commission. 2006. Implementing the partnership for growth and jobs: making Europe a pole of excellence on corporate social responsibility. COM 136, Brussels
23. European Commission. 2011. A renewed EU strategy 2011-14 for Corporate Social Responsibility. COM 681 final, Brussels
24. Fernández-Kranz D, Santaló J. 2010. When necessity becomes a virtue: the effect of product market competition on corporate social responsibility. Journal of Economics and Management Strategy 19: 453-487
25. Fershtman C, Judd K. 1987. Equilibrium incentives in oligopoly. The American Economic Review 77: 927-940
26. García-Gallego A, Georgantzís N. 2009. Market effects of changes in consumers' social responsibility. Journal of Economics and Management Strategy 19: 235-262
27. Garella PG, Petrakis E. 2008.Minimum quality standards and consumers information. Economic Theory 36: 283-302
28. Häckner J. 2000. A note on price and quantity competition in differentiated oligopolies. Journal of Economic Theory 93: 233-239
29. Harjoto MA, Jo H. 2007a. Corporate governance and firm value: the impact of corporate social responsibility.Working Paper, Santa Clara University
30. Harjoto MA, Jo H. 2007b. Why do firms engage in corporate social responsibility? Working paper, Santa Clara University
31. Heal G. 2005. Corporate social responsibility: an economic and financial framework. The Geneva Papers on Risk and Insurance - Issues and Practice 30: 387-409
32. Klein N. 1999. No Logo. Picador: New York
33. Kopel M, Brand B. 2012. Socially responsible firms and endogenous choice of strategic incentives. Economic Modelling 29: 982-989
34. KPMG. 2008. International Survey of Corporate Responsibility Reporting. KPMG Global Sustainability Services: De Meern, The Netherlands
35. Manasakis C, Mitrokostas E, Petrakis E. 2013. Certification of corporate social responsibility activities in oligopolistic markets. Canadian Journal of Economics 46: 282-309
36. Margolis JD, Walsh JP. 2003. Misery loves companies: rethinking social initiatives by business. Administrative Sciences Quarterly 48: 268-305
37. McWilliams A, Siegel D. 2000. Corporate social responsibility and financial performance: correlation or misspecification?. Strategic Management Journal 21: 603-609
38. McWilliams A, Siegel D. 2011. Creating and capturing value: strategic corporate social responsibility, resourcebased theory, and sustainable competitive advantage. Journal of Management 37: 1480-1495
39. Miller N, Pazgal A. 2001. The equivalence of price and quantity competition with delegation. The RAND Journal of Economics 32: 284-301
40. Miller N, Pazgal A. 2002. Relative performance as a strategic commitment mechanism. Managerial and Decision Economics 23: 51-68
41. Miller N, Pazgal A. 2005. Strategic trade and delegated competition. Journal of International Economics 66: 215-231
42. Plastina A, Arnould E. 2007. Fair trade impacts on educational attainment and health: a three country comparison. White Paper 07-2001, Norton School, University of Arizona
43. Porter ME, Kramer MR. 2002. The competitive advantage of corporate philanthropy. Harvard Business Review 80: 56-68
44. Porter ME, Kramer MR. 2006. Strategy and society: the link between competitive advantage and corporate social responsibility. Harvard Business Review 84: 76-92
45. Vogel D 2005. The Market for Virtue: The Potential and Limits of Corporate Social Responsibility. Brookings Institute: Washington, DC
46. WBCSD (World Business Council for Sustainable Development). 1998. Stakeholder Dialogue on CSR. The Netherlands
47. Wright P, Ferris S. 1997. Agency conflict and corporate strategy: the effect of divestment on corporate value. Strategic Management Journal 18: 77-83