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Challenges in the CSR-Competitiveness Relationship Based on the Literature

Author

Listed:
  • Adrienn Reisinger

    (Szechenyi Istvan University)

Abstract

The paper examines why there is no consistent answer in either the domestic or the international literature on the relationship between corporate social responsibility and competitiveness and the reasons behind this. The topic has been present in the international literature since the 1970s and has come to the fore in Hungary in the last 15 years. There are many different answers concerning the type of relationship between the two concepts, for a variety of reasons. Drawing on previous research, the paper presents a uniform system, details the causes identified and provides a theoretical framework for empirical research to ensure a complex approach and interpretation.

Suggested Citation

  • Adrienn Reisinger, 2023. "Challenges in the CSR-Competitiveness Relationship Based on the Literature," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 22(1), pages 104-125.
    • Handle: RePEc:mnb:finrev:v:22:y:2023:i:1:p:104-125
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    File URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-22-1-st4-reisinger.pdf
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    References listed on IDEAS

    as
    1. Gerda Barauskaite & Dalia Streimikiene, 2021. "Corporate social responsibility and financial performance of companies: The puzzle of concepts, definitions and assessment methods," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 278-287, January.
    2. Lentner, Csaba & Szegedi, Krisztina & Tatay, Tibor, 2015. "Corporate Social Responsibility in the Banking Sector," Public Finance Quarterly, Corvinus University of Budapest, vol. 60(1), pages 95-103.
    3. Crane, Andrew & McWilliams, Abagail & Matten, Dirk & Moon, Jeremy & Siegel, Donald S. (ed.), 2009. "The Oxford Handbook of Corporate Social Responsibility," OUP Catalogue, Oxford University Press, number 9780199573943.
    4. Konstantinos I. Evangelinos & George E. Halkos, 2002. "Implementation Of Environmental Management Systems Standards: Important Factors In Corporate Decision Making," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 311-328.
    5. Csaba Lentner & Krisztina Szegedi & Tibor Tatay, 2017. "Social Responsibility in the Operation of Central Banks," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 16(2), pages 64-85.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate social responsibility (CSR); corporate competitiveness; relationship; methods; corporate size;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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