An Analysis of the Determinants of Corporate Social Responsibility of Brazilian Firms
This work makes an analysis of the determinants of Corporate Social Responsibility (CSR) of Brazilian firms, as proxied by firm membership of the ISE Index of BM&FBOVESPA. Besides other proposed determinants of CSR present in the literature (firm size, profitability, growth opportunities), the w...
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | article |
| Lenguaje: | EN PT |
| Publicado: |
FUCAPE Business School
2016
|
| Materias: | |
| Acceso en línea: | https://doaj.org/article/b423c4ef585041ce8bcbc38e5223d9e2 |
| Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| id |
oai:doaj.org-article:b423c4ef585041ce8bcbc38e5223d9e2 |
|---|---|
| record_format |
dspace |
| spelling |
oai:doaj.org-article:b423c4ef585041ce8bcbc38e5223d9e22021-11-11T15:48:06ZAn Analysis of the Determinants of Corporate Social Responsibility of Brazilian Firms1807-734Xhttps://doaj.org/article/b423c4ef585041ce8bcbc38e5223d9e22016-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123046404004https://doaj.org/toc/1807-734XThis work makes an analysis of the determinants of Corporate Social Responsibility (CSR) of Brazilian firms, as proxied by firm membership of the ISE Index of BM&FBOVESPA. Besides other proposed determinants of CSR present in the literature (firm size, profitability, growth opportunities), the work examines ownership concentration and the persistence on CSR status. Logit regression estimates have been run for a sample of 1649 firm-year observations in the period 2006-2011. The findings show that CSR of Brazilian firms is inversely correlated to its ownership concentration indicating that controlling voting shareholders may not see social concerns as a priority. Besides, firms tend to maintain their present CSR status. The results also indicate that leading CSR firms are larger, face more growth opportunities, and are persistent in their superior CSR situation.Vicente Lima CrisóstomoMaria Rafaela OliveiraFUCAPE Business Schoolarticlecorporate social performancedeterminantsownership concentrationbrazilBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 13, Iss 4, Pp 72-93 (2016) |
| institution |
DOAJ |
| collection |
DOAJ |
| language |
EN PT |
| topic |
corporate social performance determinants ownership concentration brazil Business HF5001-6182 |
| spellingShingle |
corporate social performance determinants ownership concentration brazil Business HF5001-6182 Vicente Lima Crisóstomo Maria Rafaela Oliveira An Analysis of the Determinants of Corporate Social Responsibility of Brazilian Firms |
| description |
This work makes an analysis of the determinants of Corporate Social Responsibility (CSR) of Brazilian firms, as proxied by firm membership of the ISE Index of BM&FBOVESPA. Besides other proposed determinants of CSR present in the literature (firm size, profitability, growth opportunities), the work examines ownership concentration and the persistence on CSR status. Logit regression estimates have been run for a sample of 1649 firm-year observations in the period 2006-2011. The findings show that CSR of Brazilian firms is inversely correlated to its ownership concentration indicating that controlling voting shareholders may not see social concerns as a priority. Besides, firms tend to maintain their present CSR status. The results also indicate that leading CSR firms are larger, face more growth opportunities, and are persistent in their superior CSR situation. |
| format |
article |
| author |
Vicente Lima Crisóstomo Maria Rafaela Oliveira |
| author_facet |
Vicente Lima Crisóstomo Maria Rafaela Oliveira |
| author_sort |
Vicente Lima Crisóstomo |
| title |
An Analysis of the Determinants of Corporate Social Responsibility of
Brazilian Firms |
| title_short |
An Analysis of the Determinants of Corporate Social Responsibility of
Brazilian Firms |
| title_full |
An Analysis of the Determinants of Corporate Social Responsibility of
Brazilian Firms |
| title_fullStr |
An Analysis of the Determinants of Corporate Social Responsibility of
Brazilian Firms |
| title_full_unstemmed |
An Analysis of the Determinants of Corporate Social Responsibility of
Brazilian Firms |
| title_sort |
analysis of the determinants of corporate social responsibility of
brazilian firms |
| publisher |
FUCAPE Business School |
| publishDate |
2016 |
| url |
https://doaj.org/article/b423c4ef585041ce8bcbc38e5223d9e2 |
| work_keys_str_mv |
AT vicentelimacrisostomo ananalysisofthedeterminantsofcorporatesocialresponsibilityofbrazilianfirms AT mariarafaelaoliveira ananalysisofthedeterminantsofcorporatesocialresponsibilityofbrazilianfirms AT vicentelimacrisostomo analysisofthedeterminantsofcorporatesocialresponsibilityofbrazilianfirms AT mariarafaelaoliveira analysisofthedeterminantsofcorporatesocialresponsibilityofbrazilianfirms |
| _version_ |
1718433915095482368 |