Revisiting the relationship between corporate social responsibility and national culture: A quantitative assessment. Forthcoming in Management Decision
Revisiting the relationship between corporate social responsibility and national culture: A quantitative assessment. Management Decision 55(3): 595-613. (SCOPUS, ISI listed. Impact factor: 1.525 and 5-year: 2.340). In common with A. Skouloudis (2017).
The purpose of this study is to explore the relationship between corporate social responsibility (CSR) at the macro-level and well-established dimensions of national culture offered by Hofstede’s framework. We employ a composite index for quantifying CSR proliferation and present new findings on the role of cultural specificity - proxied by Hofstede’s dimensions - on CSR endorsement among national business sectors. Results indicate that cultural perspectives pertaining to ‘long-term versus short-term orientation’ as well as ‘indulgence versus restraint’ affect positively the composite CSR index, while ‘uncertainty avoidance’ has a negative impact. In contrast, the effect of ‘power distance’, ‘individualism’ and ‘masculinity’ is found to be insignificant. The study offers new insights to institutional and culture theorists and political economy researchers for a deeper investigation of informal institutions, such as culture, which shape national or regional specificities of CSR and retain a moderating effect on the voluntary/self-regulation activities of business entities.