It is time for optimal distinctiveness
Corporate social responsibility engagement under dynamic competitive effects during the Covid ‐19 crisis
Bibliographic Data
| ID | 21259796 |
|---|---|
| Authors | Yi Liu (0000-0001-7733-3290, Shanghai Jiao Tong University), Liu Yi (0009-0005-3160-0433, Department of Marketing Antai College of Economics and Management, Shanghai Jiaotong University Shanghai China), Duan Ruikun (0000-0003-1682-4146, Shanghai Jiao Tong University, corresponding author) |
| Year | 2023 |
| Volume | 32 |
| Issue | 1 |
| Pages | 4-23 |
| Publication date | 2023-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Business Ethics, the Environment & Responsibility (JOURNAL) |
| Journal identifiers | ISSN: 2694-6416 • E-ISSN: 2694-6424 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/beer.12487 |
| OpenAlex | W4306742800 |
| Language | EN |
| Citations received | 2 |
| References cited | 87 |
Firms tend to seek optimal distinctiveness when choosing CSR engagement timing. Building on the perspectives of optimal distinctiveness and competitive dynamics, this paper explains why firms' CSR engagement timing toward a certain event is affected by dynamic competitive effects. That is, to achieve optimal distinctiveness, focal firms pay more attention to their main competitors that are similar in market, size and resources. We apply a discrete‐time survival analysis of 869 Chinese listed firms' CSR engagement action toward the COVID‐19 pandemic during the first half of 2020. The results support the mechanism that when a highly similar competitor engages in CSR activities, it raises the probability that the focal firm engages itself beyond levels based solely on its own characteristics and common time‐dependent factors
Business · Competitor analysis · Corporate social responsibility · Economics · Industrial organization · Optimal distinctiveness theory · Political science · Public relations · Corporate Social Responsibility Reporting · Entrepreneurship Studies and Influences · Innovation and Socioeconomic Development · Psychology · Social Psychology · Marketing
Difference in degrees
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Does product market competition foster corporate social responsibility? Evidence from trade liberalization
Do the Stories They tell get them the Money They Need? The Role of Entrepreneurial Narratives in Resource Acquisition
Optimal distinctiveness
Government's green grip
Corporate responsibility and financial performance
Corporate social responsibility
Corporate Social Responsibility: An Overview and New Research Directions
Corporate Social Responsibility, Customer Satisfaction, and Market Value
Roads to Institutionalization
Corporate immunity to the Covid-19 pandemic
Co-opetition between giants
The Relationship Between Corporate Philanthropy And Shareholder Wealth
Covariance Analysis of Censored Survival Data
Cultural entrepreneurship
Why Do Firms Imitate Each Other?
Inside the Hybrid Organization
How Does Household Spending Respond to an Epidemic? Consumption during the 2020 Covid-19 Pandemic
Corporate Social Responsibility Reporting in China
Government Initiated Corporate Social Responsibility Activities
Are firms with foreign CEOs better citizens? A study of the impact of CEO foreignness on corporate social performance
Text-Based Network Industries and Endogenous Product Differentiation
The Iron Cage Revisited
Institutionalized Organizations
| Citations per year | 0.67 |
|---|---|
| Citation span | 2023 - 2024 (2) |
| Highly cited | No |