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Varieties of CSR: Institutions and Socially Responsible Behaviour
Authors:Mehmet Demirbag  Geoffrey Wood  Dilshod Makhmadshoev  Olga Rymkevich
Affiliation:1. University of Essex, Essex Business School, Elmer Approach, Southend on Sea, SS1 1LW, United Kingdom;2. University of Essex, Essex Business School, Wivenhoe Park, Colchester, C04 3SQ, United Kingdom;3. University of Strathclyde, Strathclyde Business School, 199 Cathedral Street, Glasgow, United Kingdom;4. University of Modena and Reggio Emilia, Italy
Abstract:A central concern within contemporary socio-economics has been on the relationship between national institutional configurations and societal outcomes. In this paper, we assess the relationship between legal origin and a range of correlated indicators of social responsibility, focusing on socially responsible investing and voluntary charitable giving. We found that in Common Law contexts, lower levels of social responsibility than in Civil Law contexts, other than in the area of charitable giving, where the converse was the case. We explore the reasons for this distinction, and for the different patterns encountered in post-socialist Central and Eastern Europe. Based on the findings, we identify directions for future research.
Keywords:Legal origin  Corporate social responsibility  Socially responsible investing  Charitable giving  Comparative institutional analysis
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