An empirical analysis of the strategic use of corporate social responsibility

Donald Siegel, Donald F. Vitaliano

Research output: Contribution to journalArticle

332 Citations (Scopus)

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

Fingerprint

Sales
Empirical analysis
Corporate Social Responsibility
Firm-level data
Differentiation strategy
Product differentiation
Asymmetry of information

ASJC Scopus subject areas

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

Cite this

An empirical analysis of the strategic use of corporate social responsibility. / Siegel, Donald; Vitaliano, Donald F.

In: Journal of Economics and Management Strategy, Vol. 16, No. 3, 01.09.2007, p. 773-792.

Research output: Contribution to journalArticle

@article{d536bea9799a4bc9adca0e368b0de049,
title = "An empirical analysis of the strategic use of corporate social responsibility",
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.",
author = "Donald Siegel and Vitaliano, {Donald F.}",
year = "2007",
month = "9",
day = "1",
doi = "10.1111/j.1530-9134.2007.00157.x",
language = "English (US)",
volume = "16",
pages = "773--792",
journal = "Journal of Economics and Management Strategy",
issn = "1058-6407",
publisher = "Wiley-Blackwell",
number = "3",

}

TY - JOUR

T1 - An empirical analysis of the strategic use of corporate social responsibility

AU - Siegel, Donald

AU - Vitaliano, Donald F.

PY - 2007/9/1

Y1 - 2007/9/1

N2 - 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.

AB - 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.

UR - http://www.scopus.com/inward/record.url?scp=34547232517&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=34547232517&partnerID=8YFLogxK

U2 - 10.1111/j.1530-9134.2007.00157.x

DO - 10.1111/j.1530-9134.2007.00157.x

M3 - Article

AN - SCOPUS:34547232517

VL - 16

SP - 773

EP - 792

JO - Journal of Economics and Management Strategy

JF - Journal of Economics and Management Strategy

SN - 1058-6407

IS - 3

ER -