Corporate social responsibility reports: topic analysis and big data approach

ABSTRACT

This paper performs topic modeling using all publicly available CSR (Corporate Social Responsibility) reports for all constituent firms of the major stock market indices of 15 industrialized countries included in MSCI Europe for the sample period from 1999 to 2016. Our text mining results and LDA analyses indicate that ‘employees safety’, ‘employees training support’, ‘carbon emission’, ‘human right’, ‘efficient power’, and ‘healthcare medicines’ are the common topics reported by publicly listed companies in Europe and the UK. There is a clear sector bias with industrial firms emphasizing ‘employee safety’, Utilities concentrating on ‘efficient power’ while consumer discretionary and consumer staples highlighting ‘food waste’ and ‘food packaging.’ To produce these results, we used a battery of python code to organize the hundreds of reports downloaded from Bloomberg and the internet, the latest R-algorithm to estimate LDA (Latent Dirichlet Allocation) model and the LDAvis interactive tool to visualize and refine the LDA model.     

Response and Recovery: Does the Delay Between a Crisis and an IMF Loan Affect the Length of Recovery?

International Advances in Economic Research -     

Intimations of masculinities among young male sports bettors

This study explored intimations of masculinities within narratives of young Australian men who bet regularly on sport. Qualitative data collected from white, heterosexual Australian men aged 18–34 revealed their sports betting as characterised by four interrelated intimations of masculinities. Sports betting was portrayed as masculine leisure with the young men’s sports betting interest often influenced by older males and male peers. A foundation and context for social interactions among male peers, sports betting provided a backdrop for formative masculine identity construction. An entrenched male peer group norm, sports betting success produced cultural capital and subsequent social status by virtue of analytic skill, risk-taking and boisterous, competitive social interactions. However, sports betting was widely perceived as stigmatised leisure capable of prejudicing the young men’s prospective or existing intimate relationships with women. The young men negotiated this dilemma by adopting softer projections of masculinity in which sports betting was concealed in the presence of their spouse or prospective female partners. We therefore theorise sports betting as an augmentation to sport as a bastion for the construction of heteronormative masculinity, whilst lending further support to conceptualisations of masculine identities as plural and fluid.     

Young millennials,environmental orientation,food company sustainability,and green word-of-mouth recommendations

Threats loom for the global food supply. Food companies are taking action, yet consumer awareness lags. A sustainability materiality (SM) index was created that asked young millennials if issues related to a food company’s environmental footprint, ethical governance, community engagement, and nutrition-related actions influenced their product purchasing decisions. In comparison to their peers, those who held new ecological paradigm-related values were more likely to report that the SM index issues influenced their purchasing decisions. They offered more green word-of-mouth (WOM) recommendations to their friends. Regardless of their environmental orientation, those who purchase products consistent with the SM index are more likely to provide green WOM recommendations. Purchasing products consistent with SM index issues mediated the relationship between proenvironmental orientation and green WOM recommendations. Perceived personal ability was unrelated to green WOM recommendations. Educating and enlisting young consumers to offer green WOM recommendations will increasingly become a strategic business concern.     

Maximising business returns to corporate social responsibility communication: An empirical test

Based on a classic conceptual model of corporate social responsibility (CSR) communication, we developed an empirical research study to test how several aspects of CSR message content (i.e., issue importance, impact, motives, fit, commitment) are associated with external support responses (i.e., purchase, advocacy). We also tested the moderating role of stakeholder‐ and company‐specific factors (i.e., issue support and industry, respectively) in the proposed model. Data were collected from 302 participants who evaluated the same CSR information displayed in the websites of a fictitious bank and a fictitious restaurant chain. The findings suggest that better perceptions on how the CSR message reinforces issue importance, corporate CSR impact and altruistic motives lead to higher purchase and advocacy intentions. CSR fit is related only to advocacy, while CSR commitment does not have any significant impact on participants’ responses. Some new interdependence relationships are also identified among issue importance, motives, fit, and commitment. The moderating role of issue support and industry is confirmed.     

Insights on the mentorship and coachability of entrepreneurs

Mentorship from other experienced individuals has become essential to entrepreneurs and their fledgling ventures, particularly in today’s accelerators. However, even with the acknowledgment that mentoring and coaching improve an entrepreneur’s likelihood of success, we know very little about the nuances of mentor-mentee relationships or the individual characteristics important to an entrepreneur’s coachability. Therefore, we examined mentors and founders across entrepreneurial support organizations to investigate the factors that influence an entrepreneur’s coachability, how coachability translates to venture outcomes, and whether or not the mentor-mentee relationship met the entrepreneur’s expectations. We found that entrepreneurs that are more coachable are ultimately more successful during their time in these programs and are more satisfied with their mentorship experience. This article provides insights for the leaders of accelerators to improve mentorship opportunities and suggestions for entrepreneurs to improve their coachability.     

Prior‐free Bayes Factors Based on Data Splitting

Bayes factors that do not require prior distributions are proposed for testing one parametric model versus another. These Bayes factors are relatively simple to compute, relying only on maximum likelihood estimates, and are Bayes consistent at an exponential rate for nested models even when the smaller model is true. These desirable properties derive from the use of data splitting. Large sample properties, including consistency, of the Bayes factors are derived, and a simulation study explores practical concerns. The methodology is illustrated with civil engineering data involving compressive strength of concrete.     

Dimensions of self-selected leisure activities,trait coping and their relationships with sleep quality and depressive symptoms

Although leisure is presumed to be beneficial, certain profiles of leisure may be especially good. This paper tests whether dimensions of self-selected leisure activities (SSLAs) differentially relate to depressive symptoms and poor sleep quality, including (a) positivity (SSLA-PO), (b) difficulty (SSLA-DF), (c) distraction (SSLA-DI) and (d) thinking about negative events (SSLA-TN). Furthermore, it tests whether those low in perseverative cognitions (PCs) and high in ‘John Henryism’ active coping are equally likely to benefit from leisure. Participants (n = 362, 76% female) at a large university in Wisconsin rated two SSLAs on the dimensions above and completed measures of depression, sleep quality, PCs and active coping. Regression analyses showed that SSLA-TN predicted greater depression and poor sleep quality. For the moderators, more SSLA-DI and SSLA-TN each predicted greater depression for those more prone to PCs, and more SSLA-DI predicted more depression and worse sleep quality at lower active coping levels. Results suggest that not all leisure is equally beneficial, and have implications for the design of leisure-based interventions.