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The Effect of Foreign Equity Ownership on Corporate Social Responsibility: Empirical Evidence from Poland

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  • Doś Anna

    (Department of Corporate Finance and Insurance, University of Economics in Katowice)

Abstract

In the literature on corporate social responsibility (CSR) the origin of the equity is seen as one the drivers of CSR. There is evidence of multinational corporations stimulating diffusion of CSR practices in a few emerging economies. There are no similar studies focusing on the Polish economy. Since CSR practices are country-specific it is important to investigate if and how capital flows foster corporate social responsibility among firms established and operating in Poland. The method applied in the study is a statistical analysis of the ownership structure of firm whose socially responsible practices are highly ranked by the independent think-tanks compared to the ownership structure of their most relevant competitors. The results allow for a more comprehensive understanding of CSR drivers in Poland as well as the role of foreign capital in reshaping economic structures in Poland.

Suggested Citation

  • Doś Anna, 2017. "The Effect of Foreign Equity Ownership on Corporate Social Responsibility: Empirical Evidence from Poland," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(3), pages 66-75, September.
    • Handle: RePEc:vrs:finiqu:v:13:y:2017:i:3:p:66-75:n:3
    DOI: 10.1515/fiqf-2016-0030
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    References listed on IDEAS

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    More about this item

    Keywords

    ownership structure; multinational enterprises; transition;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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