1. bookVolume 16 (2021): Issue 2 (August 2021)
Journal Details
License
Format
Journal
eISSN
2344-5416
First Published
06 Mar 2015
Publication timeframe
3 times per year
Languages
English
access type Open Access

Religiosity and Corporate Social Responsibility: Do they Mix Well Together?

Published Online: 27 Sep 2021
Page range: 249 - 266
Journal Details
License
Format
Journal
eISSN
2344-5416
First Published
06 Mar 2015
Publication timeframe
3 times per year
Languages
English
Abstract

Although research in social norms and Corporate Social Responsibility (CSR) is limited, previous studies show mixed results on the influence of social norms, specifically religiosity of the community, on firms’ CSR activities. Using the CSR scores from KLD database, we merge county- level religious data and other control variables to run multiple regression models. Contrary to existing theories suggesting more religious social norms would entice companies to do better, our results show that community religiosity has a negative impact on firms’ CSR scores. In our discussion, we provide insights that explain this seeming contradiction and provide directions for future studies.

Keywords

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