Corporate Social Responsibility as a Signaling Device for FDI. PDF Download

Author: Ashima Goyal
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description
A rise in CSR (corporate social responsibility) has accompanied the rise in FDI (foreign direct investment) going to developing countries since the nineties. CSR may be serving a signaling function when the entering firm is of unknown aggressive or accommodating type. Countries are now competing keenly to attract foreign firms, but excessive tax or excess transfers made by firms can still cause a Prisoner's Dilemma structure to the payoffs and lead to an inefficient Nash equilibrium. But CSR with a longer-term commitment allows the accommodating firm to design signals to reveal its type, so that cooperation becomes the equilibrium outcome. The game differs from standard models since signaling changes the payoffs. It implies a unique separating equilibrium where only the accommodating firms signal, but under certain parameter values a pooling equilibrium, where all firms signal, is possible. A number of results are derived including the size of CSR expenditure required as a fraction of profits. An example demonstrates the relevance of the results.

Author: Ojo, Marianne
Publisher: IGI Global
ISBN: 1522503064
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
The decisions a corporation makes affect more than just its stakeholders and can have wide social, environmental, and economic consequences. The notion of corporate social responsibility (CSR) describes the relationship between a business and society as a whole, considering all tangential effects of business. This facilitates a business environment built around practical regulations and transparency necessary to ensure ethical and responsible business practice. Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment explores the relationship between ethical and environmental standards and foreign investment on the international market. As certain jurisdictions are hesitant to comply with these standards, this publication elucidates the benefits of practicing CSR as a means of sustainable economic growth and to mitigate devastating negative consequences, especially in the developing world. This book is a key reference source for professionals, economists, students of business and finance, policy makers, and government agencies.

Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1799824497
Category : Business & Economics
Languages : en
Pages : 2100

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Book Description
Globalization, accelerated by information technologies, has increased the speed of business transactions and has reduced the distances between international businesses. This growth has transformed the realm of foreign investment in countries around the world, calling for a methodological approach to planning feasible capital investment proposals in general and foreign direct investment projects. Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the importance of global stocks to economic structures and explores the effects that these holdings have on the financial status of nations. It also provides a systems approach to investment projects in a globalized and open society. Highlighting a range of topics such as foreign direct investors, risk analysis, and sourcing strategies, this multi-volume book is ideally designed for business managers, executives, international companies, entrepreneurs, researchers, academicians, graduate students, policymakers, investors, and project managers.

Author: Marianne Ojo D Delaney PhD
Publisher:
ISBN:
Category :
Languages : en
Pages : 1

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Book Description
"The decisions a corporation makes affect more than just its stakeholders and can have wide social, environmental, and economic consequences. The notion of corporate social responsibility (CSR) describes the relationship between a business and society as a whole, considering all tangential effects of business. This facilitates a business environment built around practical regulations and transparency necessary to ensure ethical and responsible business practice."This volume is not only aimed at highlighting the relationship between Corporate Social Responsibility and Foreign Direct Investment - as reflected through components of Carroll's pyramid of Corporate Social Responsibility, that is, economic, legal, ethical and philanthropic responsibilities;but also incorporates the consideration of other vital facets and variables which require a re-think in the elevation of their priorities within the sphere of Corporate Social Responsibility. Such vital elements which comprise environmental factors, poverty alleviation - in addition to geo political factors and pivotal macroeconomic variables.

Author: Information Resources Management Association
Publisher: Business Science Reference
ISBN: 9781799824480
Category : Investments, Foreign
Languages : en
Pages : 0

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Book Description
""This book explores the importance of global stocks to economic structures and explores the effects that these holdings have on the financial status of nations. It also provides a systems approach to investment projects in a globalized and open society"--Provided by publisher"--

Author: Anders Örtenblad
Publisher: Edward Elgar Publishing
ISBN: 1783474807
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
Is corporate social responsibility (CSR) a universal idea? Is the same exact definition of CSR relevant for any organization, regardless of context? Or would such a definition need to be adapted to fit different types of organizations, in different cultures, industries and sectors? This book discusses how CSR preferably should be practiced in various generalized contexts. Experts share their knowledge on whether a broad definition of CSR can be practiced as is or if it first has to undergo changes, in as various generalized contexts as Buddhist and Islamic organizations, developing countries, the food processing industry, the shipping industry, and the pharmaceutical industry.

Author: Mei Liu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This thesis examines the relation between corporate social responsibility and firm's foreign direct investment decisions. Three empirical chapters focusing on the different aspects of the relation are investigated. I begin the analysis by examining whether there is a positive relation between corporate social responsibility and firm's overall foreign direct investment propensity. I find that corporate social responsibility can help firms to overcome the liability of foreignness, thus increase their likelihood of undertaking foreign direct investment. The thesis then focuses on the influence of corporate social responsibility on multinational enterprises' foreign investment location and entry mode choices. I find that multinational enterprises with high corporate social responsibility performance have higher likelihood to invest in a developed rather than a developing country, and to choose a full rather than a partial control entry method. I further find that the relation above are affected by the level of liability of foreignness multinational enterprises encountered and the institutional qualities of the host country. The final part of the empirical analysis examines whether corporate social responsibility can create value for shareholders around the foreign direct investment announcements. I find a neutral relation between corporate social responsibility and firm's three day, five day, and 11 day cumulative abnormal returns, thus in general corporate social responsibility cannot create value for shareholders in the short term. However, I identify several occasions where a positive relation exists. That is when the investment is in developing countries, or through a partial control entry method, or the investing firm encounters a high level of liability of foreignness. This thesis contributes both to academic literature and practice by examining the various impact of corporate social responsibility on firm's foreign investment decisions. Evidence is provided on the important role corporate social responsibility plays on firm's foreign investment decision making process.

Author: Sjoerd Beugelsdijk
Publisher: MIT Press
ISBN: 0262019744
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
Despite their common roots, international economics (IE) and international business (IB) have developed into two distinct fields of study. Economists have directed their efforts at formalizing the workings of international trade and investment at the macroeconomic level; business scholars have relied more on data-driven conceptual narratives than mathematical tools. But the recent focus of IE literature on firm heterogeneity suggests that IE would benefit from IB analyses of the behavior and organization of the internationalizing firm. The contributions to this volume investigate ways that insights from IB can enrich IE research in firm heterogeneity. The contributors discuss firm-specific advantages in international trade and investment, considering the firm as the unit of analysis and managerial inputs as a variable in market entry decisions; analyze interactions between a firm and its external environment, including local corporate philanthropy and institutional settings; examine the boundaries of the firm and organizational choices such as the make-or-buy decision; and investigate technology transfer and innovation offshoring, discussing the role of subsidiaries, inventor employment, and other related topics. Although IE and IB look at international firms from different perspectives, these contributions make it clear that there is a potential for a productive exchange of insights and information between the two disciplines --

Author: Mei Liu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description

Author: Ki-Hoon Lee
Publisher: Springer
ISBN: 3319708996
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
This book advances the understanding of corporate sustainability and challenges and roles of sustainability accounting in the Asia-Pacific region. The Asia-Pacific region has shown fast economic growth for several decades which is expected to continue. In this context, Asia has become the “production engine” of the global economy. At the same time scientific reports reveal that some planetary boundaries are crossed, for example relating to biodiversity and climate change. Companies in the Asia-Pacific region are therefore increasingly challenged to reduce their environmental impacts, to document their social contribution and to contribute to sustainable development. Key approaches to identify sustainability problems and challenges, to support improvement processes and to back up sustainability contributions include accounting and reporting. In contrast to the high relevance of accounting and reporting for corporate sustainability for the Asia-Pacific region, academic research has so far been dominated by Western researchers and pre-dominantly dealt with Western and Japanese cases and approaches. It is thus time to take account of Asian perspectives on accounting and reporting for sustainability in the Asia-Pacific region.