The influence of firm,industry and network on the corporate social performance of Japanese firms |
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| Authors: | K C O’Shaughnessy Eric Gedajlovic Patrick Reinmoeller |
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| Institution: | (1) Haworth College of Business, Western Michigan University, Kalamazoo, MI 49008-3806, USA;(2) School of Business, University of Connecticut, 2100 Hillside Road Unit 1041, Storrs, CT 06269-1041, USA;(3) Rotterdam School of Management, Erasmus University Rotterdam (EUR), 3062, PA, Rotterdam, The Netherlands |
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| Abstract: | We develop and test the thesis that corporate social performance (CSP) constitutes a socially constructed and shared strategic asset, which is not only influenced by factors specific to a firm, but also by the social performance of firms
in its industry and inter-corporate network. Using variance decomposition, we analyze data from 130 large Japanese firms and
find that both firm-specific and industry-level factors account for significant variance in CSP, but network-level factors
do not.
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| Keywords: | Corporate social performance Japan Variance decomposition Keiretsu Networks Industry-effects Resource based view |
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