Abstract
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.
| Originalsprog | Engelsk |
|---|---|
| Publikationsdato | 2017 |
| Antal sider | 32 |
| Status | Udgivet - 2017 |
| Begivenhed | The 33rd EGOS Colloquium 2017: The Good Organization - Copenhagen Business School, Copenhagen, Danmark Varighed: 6 jul. 2017 → 8 jul. 2017 Konferencens nummer: 33 https://www.egosnet.org/2017_copenhagen/general_theme |
Konference
| Konference | The 33rd EGOS Colloquium 2017 |
|---|---|
| Nummer | 33 |
| Lokation | Copenhagen Business School |
| Land/Område | Danmark |
| By | Copenhagen |
| Periode | 06/07/2017 → 08/07/2017 |
| Internetadresse |
Emneord
- Corporate social responsibility
- Small-and-medium-sized enterprises (SMEs)
- Global institutions
- Multi-stakeholder initiatives
- Logistic regression
- United Nations
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