Abstract
Corporate social responsibility is growing steadfast in emerging countries. Studies analyzing the factors that typically determine CSR practices of firms have often led to conflicting results. In this study, we examine corporate governance determinants that are specifically relevant to CSR in emerging countries. Analyzing a large sample of Vietnamese listed firms, we find that foreign ownership, international orientation, gender diversity, and CEO education positively influence CSR. Furthermore, we find significant joint effects of foreign ownership with international orientation, gender diversity and CEO education. The study highlights the key drivers of CSR practices of firms in emerging countries.
Original language | English |
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Article number | 100676 |
Number of pages | 20 |
Journal | Journal of multinational financial management |
Volume | 59 |
Early online date | 28 Dec 2020 |
DOIs | |
Publication status | Published - 1 Mar 2021 |
Keywords
- UT-Hybrid-D
- Determinants
- Foreign ownership
- Emerging markets
- Corporate social responsibility (CSR)