Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment PDF Download

Author: Ojo, Marianne
Publisher: IGI Global
ISBN: 1522503064
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
The decisions a corporation makes affect more than just its stakeholders and can have wide social, environmental, and economic consequences. The notion of corporate social responsibility (CSR) describes the relationship between a business and society as a whole, considering all tangential effects of business. This facilitates a business environment built around practical regulations and transparency necessary to ensure ethical and responsible business practice. Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment explores the relationship between ethical and environmental standards and foreign investment on the international market. As certain jurisdictions are hesitant to comply with these standards, this publication elucidates the benefits of practicing CSR as a means of sustainable economic growth and to mitigate devastating negative consequences, especially in the developing world. This book is a key reference source for professionals, economists, students of business and finance, policy makers, and government agencies.

Author: Mei Liu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This thesis examines the relation between corporate social responsibility and firm's foreign direct investment decisions. Three empirical chapters focusing on the different aspects of the relation are investigated. I begin the analysis by examining whether there is a positive relation between corporate social responsibility and firm's overall foreign direct investment propensity. I find that corporate social responsibility can help firms to overcome the liability of foreignness, thus increase their likelihood of undertaking foreign direct investment. The thesis then focuses on the influence of corporate social responsibility on multinational enterprises' foreign investment location and entry mode choices. I find that multinational enterprises with high corporate social responsibility performance have higher likelihood to invest in a developed rather than a developing country, and to choose a full rather than a partial control entry method. I further find that the relation above are affected by the level of liability of foreignness multinational enterprises encountered and the institutional qualities of the host country. The final part of the empirical analysis examines whether corporate social responsibility can create value for shareholders around the foreign direct investment announcements. I find a neutral relation between corporate social responsibility and firm's three day, five day, and 11 day cumulative abnormal returns, thus in general corporate social responsibility cannot create value for shareholders in the short term. However, I identify several occasions where a positive relation exists. That is when the investment is in developing countries, or through a partial control entry method, or the investing firm encounters a high level of liability of foreignness. This thesis contributes both to academic literature and practice by examining the various impact of corporate social responsibility on firm's foreign investment decisions. Evidence is provided on the important role corporate social responsibility plays on firm's foreign investment decision making process.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264174133
Category :
Languages : en
Pages : 100

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Book Description
This conference proceedings examines whether FDI’s contribution to economic development will respond in a balanced and sustainable way to the aspirations and expectations of host and home countries alike.

Author: Pasquale Commendatore
Publisher: Springer
ISBN: 3319656279
Category : Science
Languages : en
Pages : 220

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Book Description
This book is open access under a CC BY-NC 4.0 license. This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and policy evaluation”. Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions.

Author: Kuna-Marsza?ek, Anetta
Publisher: IGI Global
ISBN: 1799821951
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
One of the most important activities of enterprises today is responsible entrepreneurship. Corporate social responsibility (CSR) activities can help to forge a stronger bond between employees and corporations, can boost morale, and can help both employees and employers feel more connected with the world around them. Moreover, the growing importance of this concept results from the fact that it is perceived as an effective tool for increasing competitiveness, improving the image of the company, or contributing to the generation of higher profits. In today’s world, an active commitment to social responsibility is becoming more common for a company. CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies is an essential reference source that identifies the scale and scope of implementation of CSR and socially responsible investing strategies and standards in companies operating in different transitioning and emerging economies as well as assessing the global effects of these activities. Featuring research on topics such as economic growth, responsible investing, and business ethics, this book is ideally designed for managers, executives, directors, corporate professionals, government officials, industry leaders, academicians, students, and researchers in the fields of international economics, international business, marketing, finance management, and public relations.

Author: Christian R. Thauer
Publisher: Cambridge University Press
ISBN: 1316061779
Category : Political Science
Languages : en
Pages : 307

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Book Description
Why and under which conditions do companies voluntarily adopt high social and environmental standards? Christian R. Thauer looks inside the firm to illustrate the internal drivers of the social conduct of business. He argues that corporate social responsibility (CSR) assists decision-makers to resolve managerial dilemmas. Drawing on transaction cost economics, he asks why and which dilemmas bring CSR to the fore. In this context he describes a managerial dilemma as a situation where the execution of management's decisions transforms the mode of cooperation within the organization from a hierarchy to one in which managers become dependent on, and vulnerable to, the behavior of subordinates. Thauer provides empirical illustration of his theory by examining automotive and textile factories in South Africa and China. Thauer demonstrates that CSR is often driven by internal management problems rather than by the external pressures that corporations confront.

Author: Annie Dufey
Publisher: IIED
ISBN: 1843696835
Category : Direkte investeringer
Languages : en
Pages : 202

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Book Description
Brings together a series of papers identifying opportunities for Investment Promotion Agencies (IPAs) to attract Foreign direct investment (FDI) that is associated with positive contributions to sustainable development and good corporate social responsibility practices.

Author: Leonidas C. Leonidou
Publisher: Edward Elgar Publishing
ISBN: 1788114124
Category : Business & Economics
Languages : en
Pages : 560

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Book Description
Acting in a socially-responsible manner has become a crucial success factor for many international firms due to the highly complex, competitive, and volatile global environment in which they operate. This book will contribute new ideas, contemporary knowledge, and original research to the area of socially-responsible international business, and offers challenging directions for future research. Topic covered range from global environmental influences on acting in a socially-responsible way; foreign buyer reactions to responsible business and international market targeting to development of socially-responsible international business strategies.

Author: Liu Baocheng
Publisher: Globethics.Net
ISBN: 9782889313563
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
This book offers unique case studies on Corporate Social Responsibility (CSR) in overseas investments of Chinese Enterprises, covering different industry sectors and regions. The decision making process of key stakeholders in ethical dilemmas, successes, failures and lessons learnt in CSR are analyzed. This book also offers an analysis of the core principles of effective stakeholder engagement, strategic planning and due diligence in the investment process, in topics such as infrastructure, mergers and acquisition, integration of local employees, trade unions and responsible advertising. It reiterates the importance of responsible business for the success of effective Outbound Direct Investment (ODI) strategies.

Author: Ruopiao Zhang
Publisher: Taylor & Francis
ISBN: 1000905039
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
The Belt and Road Initiative (BRI) is a major development strategy launched by the Chinese government with the goal of fostering economic cooperation among countries along the proposed routes. The BRI marks a new era in which multinational enterprises (MNEs) from developing countries are beginning to take primary responsibility for driving global flows of outward foreign direct investment (OFDI). Among hotly debated topics on how the BRI is reshaping the global competitive landscape, corporate social responsibility (CSR) reporting practices of Chinese MNEs along the Belt and Road are noteworthy but relatively less discussed. This book investigates how do Chinese MNEs engage with, define, and implement CSR under such an enormous cooperative initiative through analyzing their CSR reporting practices in the BRI host countries. Besides this, opportunities and challenges of the BRI investments for sustainable development in host countries are examined. The book provides critical insights into the current institutional architecture for CSR reporting to promote sustainable development. It also highlights the importance of stakeholders’ capacities to sustain, enact, and execute strict CSR disclosure laws and regulations. The findings mark important implications, particularly in view of growing concerns about international reputational damage of unsustainable OFDI. The book is suitable for researchers, undergraduate and postgraduate students in the fields of CSR, sustainability development, accounting, and international business; as well as others who are keen on the latest development of the BRI in relation to other developing and least-developed countries.