BIROn - Birkbeck Institutional Research Online

    Home-country institutions and corporate social responsibility of emerging economy multinational enterprises: the belt and road initiative as an example

    Yang, N. and Wang, J. and Liu, Xiaming and Huang, L. (2020) Home-country institutions and corporate social responsibility of emerging economy multinational enterprises: the belt and road initiative as an example. Asia Pacific Journal of Management , ISSN 0217-4561. (In Press)

    [img]
    Preview
    Text
    44150.pdf - Author's Accepted Manuscript

    Download (1MB) | Preview

    Abstract

    This paper examines the impact of home country institutions on corporate social responsibility (CSR) of multinational enterprises from emerging markets (EM-MNEs). Taking the Belt and Road Initiative (BRI) as an example and using a sample with 2052 firm-year observations from China over the period 2008–2018, we find that the BRI exerts a positive and significant effect on overall CSR of Chinese MNEs involved in the BRI and the positive effect is stronger for Chinese state-owned MNEs. In addition, only two dimensions of CSR (Employee Relations and Products) are improved significantly under the pressure of BRI. Finally, we examine the interactive effect of home and host- country institutions on Chinese MNEs’ CSR and find the positive impact of the BRI on MNEs’ CSR performance is stronger in host countries with a higher level of CSR related institutional pressure. These results provide practical suggestions for the Chinese government and MNEs to further improve CSR under the BRI, and enrich our understanding of the interactive effect between home- and host-country institutions on enhancing Chinese MNEs’ reputation and promoting regional cooperation with countries along the BRI.

    Metadata

    Item Type: Article
    Additional Information: The final publication is available at Springer via the link above.
    Keyword(s) / Subject(s): Home-country institutions, Corporate social responsibility (CSR), The belt and road initiative (BRI), Host-country institutions, Institutional theory
    School: School of Business, Economics & Informatics > BEI
    School of Business, Economics & Informatics > Management
    Depositing User: Xiaming Liu
    Date Deposited: 12 May 2021 14:54
    Last Modified: 26 Oct 2021 00:10
    URI: https://eprints.bbk.ac.uk/id/eprint/44150

    Statistics

    Downloads
    Activity Overview
    22Downloads
    28Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item