National CSR and institutional conditions: an exploratory study

Abstract/Summary

Corporate social responsibility (CSR) footprints in terms of relevant policies, plans and programs are evident at a global scale, but the level of national uptake and penetration differs, as countries differ considerably in terms of institutional efficiency. With this in mind, the purpose of this study is to investigate the relationship between CSR penetration and institutional conditions that shape and define the macroeconomic environment and development dynamics of countries. Building on Campbell's seminal propositions on institutional parameters that facilitate effective CSR management, the study's results lend partial support to his conceptual framework as it was operationalized in our assessment. Civic engagement, regulatory effectiveness and competitive conditions appear to be very significant factors influencing CSR penetration with macroeconomic conditions and industrial self-regulation to play a less significant role on national CSR penetration. These findings provide fertile ground to theorists and researchers for a deeper investigation of the impact of institutional arrangements that define the national specificity of CSR and act as moderators of responsible business behavior.