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Domestic Institutions and Market Pressures as Drivers of Corporate Social Responsibility: Company Initiatives in Denmark and the UK

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  • Dana Brown
  • Jette Steen Knudsen

Abstract

type="main"> In recent research, corporate social responsibility (CSR) initiatives by companies with a home base in different countries have been explained in terms of their relation to national institutions or business systems. This set of explanations sees CSR as fitting in with domestic institutional structures by either ‘substituting’ or ‘mirroring’ national models of capitalism. An alternative set of explanations views company CSR programmes as determined by market pressures. We examine the role of domestic institutions and market pressure as drivers of CSR through an evaluation of the content of company CSR initiatives revealed in their external reporting. We conduct case studies of two large British companies (Glaxo Smith Kline and Barclays) as well as two large Danish companies (Novo Nordisk and Danske Bank). We find that market pressures rather than domestic institutions determine the content of company CSR programmes.

Suggested Citation

  • Dana Brown & Jette Steen Knudsen, 2015. "Domestic Institutions and Market Pressures as Drivers of Corporate Social Responsibility: Company Initiatives in Denmark and the UK," Political Studies, Political Studies Association, vol. 63(1), pages 181-201, March.
    • Handle: RePEc:bla:polstu:v:63:y:2015:i:1:p:181-201
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    File URL: http://hdl.handle.net/10.1111/1467-9248.12092
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    Cited by:

    1. Alexander, Rachel, 2020. "Emerging roles of lead buyer governance for sustainability across global production networks," LSE Research Online Documents on Economics 100908, London School of Economics and Political Science, LSE Library.
    2. Rachel Alexander, 2020. "Emerging Roles of Lead Buyer Governance for Sustainability Across Global Production Networks," Journal of Business Ethics, Springer, vol. 162(2), pages 269-290, March.
    3. repec:bla:glopol:v:8:y:2017:i:s3:p:29-41 is not listed on IDEAS
    4. Barkemeyer, Ralf & Preuss, Lutz & Ohana, Marc, 2018. "Developing country firms and the challenge of corruption: Do company commitments mirror the quality of national-level institutions?," Journal of Business Research, Elsevier, vol. 90(C), pages 26-39.
    5. Maoliang Bu & Ying Liu, 2022. "Multinational Enterprises’ Dual Agency Role: Formal Institutions and Corporate Social Responsibility in Emerging Markets," Sustainability, MDPI, vol. 14(4), pages 1-22, February.
    6. Luc Fransen & Brian Burgoon & Jette Steen Knudsen, 2017. "How Do Domestic Regulatory Traditions Shape CSR in Large International US and UK Firms?," Global Policy, London School of Economics and Political Science, vol. 8, pages 29-41, May.

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