TY - JOUR
T1 - Keeping Up With the Joneses
T2 - Role of CSR Awards in Incentivizing Non-Winners’ CSR
AU - Li, Jiangyan
AU - Yin, Juelin
AU - Shi, Wei
AU - Yi, Xiwei
N1 - Funding Information:
The authors wish to acknowledge the constructive suggestions provided by action editor Jonatan Pinkse and three anonymous reviewers throughout the review process. We also would like to express thanks to Professor Xinchun Li and seminar participants at the Business School of Sun Yat-sen University. The authors disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The authors are also grateful for the financial support from the National Natural Science Foundation of China (No. 72072188; No. 71672146; No. 71902197; No. 71672196; No. 71810107002).
Funding Information:
The authors disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The authors are also grateful for the financial support from the National Natural Science Foundation of China (No. 72072188; No. 71672146; No. 71902197; No. 71672196; No. 71810107002).
Publisher Copyright:
© The Author(s) 2020.
PY - 2022/3
Y1 - 2022/3
N2 - We attempt to provide a novel antecedent of corporate social responsibility (CSR) by focusing on the role of CSR awards. Specifically, we investigate how competitors’ winning CSR awards incentivize non-winning firms’ CSR as a competitive catch-up. Using a difference-in-differences research design, we find that non-winners improve their CSR after their competitors have won CSR awards. Furthermore, based on the awareness-motivation-capability (AMC) framework from the competitive dynamics literature, we find that the media visibility of award winners, the performance gap of non-winners with award winners, and the prior CSR of non-winners strengthen the CSR competitive catch-up behaviors. Findings from this study contribute to the CSR research by highlighting the spillover effect of CSR awards as a meaningful event in incentivizing non-winning firms’ CSR and extending the AMC framework to explain the contingency factors of competitive catch-up in the context of CSR research.
AB - We attempt to provide a novel antecedent of corporate social responsibility (CSR) by focusing on the role of CSR awards. Specifically, we investigate how competitors’ winning CSR awards incentivize non-winning firms’ CSR as a competitive catch-up. Using a difference-in-differences research design, we find that non-winners improve their CSR after their competitors have won CSR awards. Furthermore, based on the awareness-motivation-capability (AMC) framework from the competitive dynamics literature, we find that the media visibility of award winners, the performance gap of non-winners with award winners, and the prior CSR of non-winners strengthen the CSR competitive catch-up behaviors. Findings from this study contribute to the CSR research by highlighting the spillover effect of CSR awards as a meaningful event in incentivizing non-winning firms’ CSR and extending the AMC framework to explain the contingency factors of competitive catch-up in the context of CSR research.
KW - CSR awards
KW - awareness-motivation-capability framework
KW - competitive dynamics
UR - http://www.scopus.com/inward/record.url?scp=85098498983&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85098498983&partnerID=8YFLogxK
U2 - 10.1177/0007650320982271
DO - 10.1177/0007650320982271
M3 - Article
AN - SCOPUS:85098498983
VL - 61
SP - 649
EP - 689
JO - Business and Society
JF - Business and Society
SN - 0007-6503
IS - 3
ER -