An empirical analysis of the strategic use of corporate social responsibility

Donald S. Siegel, Donald F. Vitaliano

Research output: Contribution to journalArticle

361 Scopus citations

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 languageEnglish (US)
Pages (from-to)773-792
Number of pages20
JournalJournal of Economics and Management Strategy
Volume16
Issue number3
DOIs
StatePublished - Sep 1 2007
Externally publishedYes

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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