Elections and CSR Engagement: International Evidence

Bryan W. Husted, Walid Saffar

Research output: Journal article publicationJournal articleAcademic researchpeer-review

3 Citations (Scopus)

Abstract

Using a large panel of elections in 44 countries, we show that national elections affect CSR in contrasting ways. We posit and find that in strong institutional environments CSR engagement responds negatively to uncertainty and decreases during election periods relative to non-election periods. However, in the context of institutional weakness, characterized by incomplete and captured national institutions, we find that CSR engagement increases in electoral periods, consistent with rent-seeking behavior. We discuss the implications of these results for both theory and practice.

Original languageEnglish
Pages (from-to)115-138
Number of pages24
JournalJournal of Business Ethics
Volume184
Issue number1
DOIs
Publication statusPublished - Apr 2023

Keywords

  • Corporate social responsibility
  • Corruption
  • Elections
  • Government effectiveness
  • Institutional weakness

ASJC Scopus subject areas

  • Business and International Management
  • General Business,Management and Accounting
  • Arts and Humanities (miscellaneous)
  • Economics and Econometrics
  • Law

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