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 (CSR). 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-traded 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. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.
OriginalsprogEngelsk
Publikationsdato2018
Antal sider39
StatusUdgivet - 2018
BegivenhedThe Academy of Management Annual Meeting 2018: Improving Lives - Chicago, USA
Varighed: 10 aug. 201814 aug. 2018
Konferencens nummer: 78
http://aom.org/annualmeeting/

Konference

KonferenceThe Academy of Management Annual Meeting 2018
Nummer78
LandUSA
ByChicago
Periode10/08/201814/08/2018
Internetadresse

Emneord

  • Multi-stakeholder initiatives
  • Corporate social responsibility
  • Small-and-medium-sized enterprises (SMEs)
  • Resource dependency theory
  • UN Global Compact

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