IDEAS home Printed from https://ideas.repec.org/a/mnb/finrev/v22y2023i1p104-125.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-22-1-st4-reisinger.pdf
    Download Restriction: no
    ---><---

    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. 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.
    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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hao He & Chonlavit Sutunyarak, 2024. "Perception of Corporate Social Responsibility, Organizational Commitment and Employee Innovation Behavior: A Survey from Chinese AI Enterprises," JRFM, MDPI, vol. 17(6), pages 1-21, June.
    2. María Consuelo Pucheta‐Martínez & Inmaculada Bel‐Oms & Isabel Gallego‐Álvarez, 2023. "Corporate social responsibility reporting and capital structure: Does board gender diversity mind in such association?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1588-1600, July.
    3. Pokynchereda Vitalii & Bondarenko Valerii & Pravdiuk Nataliia & Ivanchenkova Larysa & Sokoliuk Ihor, 2023. "Corporate Social Responsibility in Ukraine Under Martial Law: Accounting Aspects," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 45(4), pages 427-437, December.
    4. Macchioni, Riccardo & Prisco, Martina & Zagaria, Claudia, 2024. "The value relevance of voluntary disclosure through social media platforms: Evidence from European Union listed firms," Socio-Economic Planning Sciences, Elsevier, vol. 93(C).
    5. Yu Jin Chang & Jae Wook Yoo, 2023. "When CSR Matters: The Moderating Effect of Industrial Growth Rate on the Relationship between CSR and Firm Performance," Sustainability, MDPI, vol. 15(18), pages 1-13, September.
    6. Zaheer Alam & Yasir Bin Tariq, 2023. "Corporate Sustainability Performance Evaluation and Firm Financial Performance: Evidence from Pakistan," SAGE Open, , vol. 13(3), pages 21582440231, July.
    7. Galinato, Gregmar I. & Hyland, Marie & Islam, Asif M., 2022. "Does corporate social responsibility benefit society? Evidence from Latin America," Emerging Markets Review, Elsevier, vol. 53(C).
    8. Christopher Groening & Cheryl‐lyn Ngoh & Ryan Luchs, 2022. "The impact of a firm's corporate social responsibility on firm–supplier relationships: The effect of secondary stakeholder CSR on inventory days," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1689-1705, September.
    9. Betgilu Oshora & Goshu Desalegn & Eva Gorgenyi-Hegyes & Maria Fekete-Farkas & Zoltan Zeman, 2021. "Determinants of Financial Inclusion in Small and Medium Enterprises: Evidence from Ethiopia," JRFM, MDPI, vol. 14(7), pages 1-19, June.
    10. Weichieh Su & Mike W. Peng & Weiqiang Tan & Yan-Leung Cheung, 2016. "The Signaling Effect of Corporate Social Responsibility in Emerging Economies," Journal of Business Ethics, Springer, vol. 134(3), pages 479-491, March.
    11. TAIBAT, Adebukola Atoyebi. & ABDULLAH, Ayodele Zakariyah. & TUBOSUN, Najim Oladosu, 2024. "Impact of Corporate Social Responsibility Practices on the Earnings Quality of Listed Oil and Gas Companies in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 850-861, August.
    12. Gróf, Gyula & Janky, Béla & Bethlendi, András, 2022. "Limits of household's energy efficiency improvements and its consequence – A case study for Hungary," Energy Policy, Elsevier, vol. 168(C).
    13. Suchismita Ghosh & Ritu Pareek & Tarak Nath Sahu, 2023. "U‐shaped relationship between environmental performance and financial performance of non‐financial companies: An empirical assessment," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1805-1815, July.
    14. David Sigurthorsson, 2012. "The Icelandic Banking Crisis: A Reason to Rethink CSR?," Journal of Business Ethics, Springer, vol. 111(2), pages 147-156, December.
    15. Christin Seifert & Edeltraud Guenther, 2020. "Who cares?—Stakeholder relevance for voluntary environmental management in hospitals," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(4), pages 1786-1799, July.
    16. repec:ids:ijsuse:v:2:y:2010:i:3:p:293-309 is not listed on IDEAS
    17. Ehsan Poursoleyman & Gholamreza Mansourfar & Mohammad Kabir Hassan & Saeid Homayoun, 2024. "Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?," Journal of Business Ethics, Springer, vol. 189(3), pages 525-551, January.
    18. Anderson Gwanyebit Kehbila & Jürgen Ertel & Alan Colin Brent, 2009. "Strategic corporate environmental management within the South African automotive industry: motivations, benefits, hurdles," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(6), pages 310-323, November.
    19. Harun Bwanamkuu Feirouz & Eric Mathuva & Paul Mwenda, 2024. "Effect of Risk Management on Financial Performance of Private Hospitals in Mombasa County," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 299-307, July.
    20. Ibrahim Khalifa Elmghaamez & Jesuleke I. Olarewaju, 2022. "Corporate social responsibility and financial performance of product and service‐based firms listed on London Stock Exchange," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1370-1383, September.
    21. Halkos, George & Petrou, Kleoniki Natalia, 2017. "Regional environmental efficiency in waste generation," MPRA Paper 81237, University Library of Munich, Germany.

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mnb:finrev:v:22:y:2023:i:1:p:104-125. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Morvay Endre (email available below). General contact details of provider: https://edirc.repec.org/data/mnbgvhu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.