Political Views and Corporate Decision-Making: the Case of Corporate Social Responsibility

31 Pages Posted: 14 Apr 2007  

Amir Rubin

Simon Fraser University (SFU) - Beedie School of Business; Interdisciplinary Center (IDC) Herzliyah

Multiple version iconThere are 2 versions of this paper

Date Written: August 26, 2006

Abstract

This paper conducts an empirical analysis of the relationship between corporate social responsibility (CSR) and political beliefs in the United States. By analyzing the 2004 presidential election results of communities in which corporate headquarters are located, we establish a correlation between the political beliefs of corporate stakeholders and the CSR rating of their firms. Companies with a high CSR rating tend to be located in Democratic, or "blue" states and counties, while companies with a low CSR rating tend to be located in Republican, or "red" states and counties.

Keywords: Decision-Making, Politics, CSR, Elections, Headquarter

JEL Classification: G30, M14

Suggested Citation

Rubin, Amir, Political Views and Corporate Decision-Making: the Case of Corporate Social Responsibility (August 26, 2006). Available at SSRN: https://ssrn.com/abstract=980067 or http://dx.doi.org/10.2139/ssrn.980067

Amir Rubin (Contact Author)

Simon Fraser University (SFU) - Beedie School of Business ( email )

8888 University Drive
Burnaby, British Colombia V5A 1S6
Canada

Interdisciplinary Center (IDC) Herzliyah ( email )

P.O. Box 167
Herzliya, 46150
Israel

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