Corporate Social Responsibility (CSR) is one of the hottest topics in classrooms and boardrooms around the world. But do we really know that companies that “do good” also “do well”? And are companies actually making real social impact with all of these heavily-publicized initiatives? In this episode of Research Chatter, we review cutting edge work on CSR that is generating new insights about these questions and identifying the mechanisms by which social responsibility can lead to better financial performance.
Research cited in the discussion:
1. Flammer C. 2015. Does Corporate Social Responsibility Lead to Superior Financial
Performance? A Regression Discontinuity Approach. Management Science, 61(11):
2. Burbano, V. 2015. Corporate social responsibility and firm performance: Field
experimental evidence on the role of employee salary requirements and productivity,
3. Hawn, O. and Ioannou, I. (2016), Mind the gap: The interplay between external and
internal actions in the case of corporate social responsibility. Strat. Mgmt. J.. doi: