{"title":"企业社会责任-企业绩效关系中的制度门槛效应:PSTR方法","authors":"Wafa Ghardallou","doi":"10.1080/14783363.2023.2210065","DOIUrl":null,"url":null,"abstract":"The present study investigates whether the relationship between corporate social responsibility (CSR) and business performance varies with the quality of formal and informal institutions. It particularly examines the non linearity of this relationship by considering the institutional quality as a threshold variable. The composite index measuring the regulatory efficiency quality is used to measure formal institutions, whereas indexes of self-enhancement and Self-transcendence are used to proxy the quality of informal values. Relying on a Panel Smooth Threshold Regression for 402 firms in 24 emerging countries over the period 2015-2021, findings indicate a non-linear link between CSR and firm performance. Particularly, there is a regulatory quality and Self-transcendence levels thresholds, beyond them CSR increases the corporate profitability whereas CSR impedes firm performance for higher levels of self-enhancement values. Managers can better identify where strategic priorities exist by analyzing whether these informal or formal institutions are evident in businesses’ actions connected to social responsibility.","PeriodicalId":23149,"journal":{"name":"Total Quality Management & Business Excellence","volume":"1 1","pages":"1292 - 1314"},"PeriodicalIF":3.6000,"publicationDate":"2023-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Institutions threshold effect in the corporate social responsibility-corporate performance relationship: a PSTR approach\",\"authors\":\"Wafa Ghardallou\",\"doi\":\"10.1080/14783363.2023.2210065\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The present study investigates whether the relationship between corporate social responsibility (CSR) and business performance varies with the quality of formal and informal institutions. It particularly examines the non linearity of this relationship by considering the institutional quality as a threshold variable. The composite index measuring the regulatory efficiency quality is used to measure formal institutions, whereas indexes of self-enhancement and Self-transcendence are used to proxy the quality of informal values. Relying on a Panel Smooth Threshold Regression for 402 firms in 24 emerging countries over the period 2015-2021, findings indicate a non-linear link between CSR and firm performance. Particularly, there is a regulatory quality and Self-transcendence levels thresholds, beyond them CSR increases the corporate profitability whereas CSR impedes firm performance for higher levels of self-enhancement values. Managers can better identify where strategic priorities exist by analyzing whether these informal or formal institutions are evident in businesses’ actions connected to social responsibility.\",\"PeriodicalId\":23149,\"journal\":{\"name\":\"Total Quality Management & Business Excellence\",\"volume\":\"1 1\",\"pages\":\"1292 - 1314\"},\"PeriodicalIF\":3.6000,\"publicationDate\":\"2023-05-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Total Quality Management & Business Excellence\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://doi.org/10.1080/14783363.2023.2210065\",\"RegionNum\":4,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Total Quality Management & Business Excellence","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1080/14783363.2023.2210065","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MANAGEMENT","Score":null,"Total":0}
Institutions threshold effect in the corporate social responsibility-corporate performance relationship: a PSTR approach
The present study investigates whether the relationship between corporate social responsibility (CSR) and business performance varies with the quality of formal and informal institutions. It particularly examines the non linearity of this relationship by considering the institutional quality as a threshold variable. The composite index measuring the regulatory efficiency quality is used to measure formal institutions, whereas indexes of self-enhancement and Self-transcendence are used to proxy the quality of informal values. Relying on a Panel Smooth Threshold Regression for 402 firms in 24 emerging countries over the period 2015-2021, findings indicate a non-linear link between CSR and firm performance. Particularly, there is a regulatory quality and Self-transcendence levels thresholds, beyond them CSR increases the corporate profitability whereas CSR impedes firm performance for higher levels of self-enhancement values. Managers can better identify where strategic priorities exist by analyzing whether these informal or formal institutions are evident in businesses’ actions connected to social responsibility.
期刊介绍:
Total Quality Management & Business Excellence is an international journal which sets out to stimulate thought and research in all aspects of total quality management and to provide a natural forum for discussion and dissemination of research results. The journal is designed to encourage interest in all matters relating to total quality management and is intended to appeal to both the academic and professional community working in this area. Total Quality Management & Business Excellence is the culture of an organization committed to customer satisfaction through continuous improvement. This culture varies both from one country to another and between different industries, but has certain essential principles which can be implemented to secure greater market share, increased profits and reduced costs. The journal provides up-to-date research, consultancy work and case studies right across the whole field including quality culture, quality strategy, quality systems, tools and techniques of total quality management and the implementation in both the manufacturing and service sectors. No topics relating to total quality management are excluded from consideration in order to develop business excellence.