“De (Corporate Responsibility) Gustibus Est Misurandum”: Heterogeneity and Consensus Around CR Indicators

79 Pages Posted: 10 Jul 2017

See all articles by Leonardo Becchetti

Leonardo Becchetti

University of Rome Tor Vergata - Faculty of Economics

Lorenzo Semplici

University Lumsa

Michele Tridente

affiliation not provided to SSRN

Date Written: July 6, 2017

Abstract

We investigate with an ad hoc survey respondents’ tastes about the different corporate responsibility (CR) items typically used by CR rating agencies. The hypothesis of equal average value weights given to different CR items and equal variance (which we consider as a proxy of the inverse of consensus on the importance of an indicator) are strongly rejected by our data both in our overall suvey sample and in more homogeneous subsamples based on gender, age, education and religion. We as well frequently reject the hypothesis that value weights for the same CR item are the same across different subpopulations in gender subsamples since women attribute significantly higher weights than men to many CR items when we do not correct for young respondents’ oversampling.

Keywords: corporate responsibility, gender effect, environmental sustainability, CR rating agencies.

JEL Classification: D21, L21, M14; I31

Suggested Citation

Becchetti, Leonardo and Semplici, Lorenzo and Tridente, Michele, “De (Corporate Responsibility) Gustibus Est Misurandum”: Heterogeneity and Consensus Around CR Indicators (July 6, 2017). CEIS Working Paper No. 407, Available at SSRN: https://ssrn.com/abstract=2998126 or http://dx.doi.org/10.2139/ssrn.2998126

Leonardo Becchetti (Contact Author)

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia, 2
I-00133 Rome
Italy

Lorenzo Semplici

University Lumsa ( email )

Via della Traspontina
Roma, Rome 00192
Italy

Michele Tridente

affiliation not provided to SSRN

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
25
Abstract Views
472
PlumX Metrics