The Spirits of Corporate Social Responsibility: Senior Executive Perceptions of the Role of the Firm in Society in Germany, Hong Kong, Japan, South Korea, and the United States

Socio-Economic Review, 10(1), 109-134

23 Pages Posted: 11 Mar 2013 Last revised: 15 Jul 2017

Date Written: 2012

Abstract

We report our findings on cross-societal variations in values about CSR in senior executives from five economies. We find that executives in all five are concerned with the roles of their firms in society, with those in Japan most so and those in Hong Kong least so. However, executives in each context have different conceptualizations of how firms contribute to society. The data suggest variation along three dimensions: implicit vs. explicit CSR, stakeholder-oriented vs. production-oriented CSR within implicit CSR, and different main stakeholders within stakeholder-oriented CSR. We discuss the implications for future research on CSR and comparative business systems.

Keywords: corporate social responsibility, culture, corporate governance

JEL Classification: M14, G34

Suggested Citation

Witt, Michael A. and Redding, Gordon, The Spirits of Corporate Social Responsibility: Senior Executive Perceptions of the Role of the Firm in Society in Germany, Hong Kong, Japan, South Korea, and the United States (2012). Socio-Economic Review, 10(1), 109-134, Available at SSRN: https://ssrn.com/abstract=2231018

Michael A. Witt (Contact Author)

INSEAD ( email )

1 Ayer Rajah Avenue
Singapore, 138676
Singapore

HOME PAGE: http://faculty.insead.edu/michael-witt/research

Gordon Redding

INSEAD ( email )

Boulevard de Constance
77305 Fontainebleau Cedex
France

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