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Where the eyes go, the body follows?: Understanding the impact of strategic orientation on corporate social performance

机译:视线在哪里,身体跟随在哪里?:了解战略定位对公司社会绩效的影响

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摘要

This research seeks to address two questions with respect to firm corporate social performance (CSP): (1) "do different strategic orientations have differential impacts on a firm's overall CSP?"; and, if so, (2) "is there an effect of a firm's strategic orientation on the types of CSP that a firm implements?" Using a unique dataset that combines survey data on firms' strategic orientations for 115 US-based firms with CSP data from MSCI-ESG, we empirically examine the impacts on CSP levels of four different firm strategic orientations: customer, competitor, interfunctional coordination, and shareholder. Our empirical analysis demonstrates that (1) firms with a stronger orientation toward customers have higher levels of CSP overall, and (2) when firms have a stronger customer orientation, we find that the firm has higher CSP levels in domains dedicated toward secondary stakeholders, while firms with a stronger shareholder orientation exhibit higher levels of CSP dedicated toward primary stakeholders.
机译:这项研究旨在解决有关公司企业社会绩效(CSP)的两个问题:(1)“不同的战略方向是否会对公司的整体CSP产生不同的影响?”;如果是,则(2)“公司的战略定位对公司实施的CSP类型有影响吗?”我们使用独特的数据集,将115家美国公司的战略方向调查数据与MSCI-ESG的CSP数据相结合,从经验上考察了四种不同公司战略方向对CSP水平的影响:客户,竞争对手,部门间协调以及股东。我们的经验分析表明,(1)面向客户的公司的总体CSP水平较高;(2)面向客户的公司的总体CSP水平较高,我们发现该公司在面向次要利益相关者的领域中CSP级别较高,股东导向性较强的公司则表现出更高的针对主要利益相关者的CSP水平。

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