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Corporate social responsibility corporate innovation: A cross‐country study of developing countries
Author(s) -
Ullah Subhan,
Sun Di
Publication year - 2021
Publication title -
corporate social responsibility and environmental management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.519
H-Index - 73
eISSN - 1535-3966
pISSN - 1535-3958
DOI - 10.1002/csr.2106
Subject(s) - corporate social responsibility , developing country , business , corporate governance , context (archaeology) , stakeholder , corporate communication , accounting , public relations , economic growth , finance , economics , political science , paleontology , biology
This paper explores the relationship between corporate social responsibility, corporate innovation, and corporate performance in developing countries. Firm level governance and corporate social responsibility data for 150 companies from 12 developing countries were collected from Datastream and Bloomberg for 2014–2019. The results show that in the context of developing countries there is no significant relationship between corporate social responsibility and corporate innovation. Our findings raise concerns about the level of R&D investments and commitment to corporate social responsibilities in developing economies.