Abstract
Recent theories of the strategic use of corporate social responsibility (CSR) emphasize the role of information asymmetry and how CSR is likely to be incorporated into a firm's product differentiation strategy. A key empirical implication of these theories is that firms selling experience or credence goods are more likely to be socially responsible than firms selling search goods. Using firm-level data, we report evidence that is consistent with this hypothesis.
Original language | English (US) |
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Pages (from-to) | 773-792 |
Number of pages | 20 |
Journal | Journal of Economics and Management Strategy |
Volume | 16 |
Issue number | 3 |
DOIs | |
State | Published - Sep 2007 |
Externally published | Yes |
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics and Econometrics
- Strategy and Management
- Management of Technology and Innovation