Keeping up with the CSR Joneses: The impact of industry peers on focal firms’ CSR performance
Abstract Using US-listed firms from 2000 to 2015 as a sample, we report a strong enhancing effect of industry peers’ corporate social responsibility (CSR) performance on focal firms’ CSR performance. Firms improve their CSR performance by ~10.15% standard deviation when other peer firms in the same...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2023-03-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-023-01590-5 |