What Firms Leave Multi-Stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact

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Abstrakt

This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility. Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-listed firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. We theorize that MSIs face a participant self-selection bias over time and that local networks enable legitimacy spillover effects that prevent firms from exiting.
OriginalsprogEngelsk
Publikationsdato2017
Antal sider32
StatusUdgivet - 2017
BegivenhedThe 33rd EGOS Colloquium 2017: The Good Organization - Copenhagen Business School, Copenhagen, Danmark
Varighed: 6 jul. 20178 jul. 2017
Konferencens nummer: 33
https://www.egosnet.org/2017_copenhagen/general_theme

Konference

KonferenceThe 33rd EGOS Colloquium 2017
Nummer33
LokationCopenhagen Business School
LandDanmark
ByCopenhagen
Periode06/07/201708/07/2017
Internetadresse

Emneord

  • Corporate social responsibility
  • Small-and-medium-sized enterprises (SMEs)
  • Global institutions
  • Multi-stakeholder initiatives
  • Logistic regression
  • United Nations

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