Corporate social responsibility and dynamic productivity change in the US food and beverage manufacturing industry

Magda Kapelko, A.G.J.M. Oude Lansink, Encarna Guillamon-Saorin

Research output: Contribution to journalArticleAcademicpeer-review

2 Citations (Scopus)

Abstract

This study examines the relationship between corporate social responsibility (CSR) and dynamic productivity change of each input employed and investment undertaken in the US food and beverage manufacturing industry. We compute input‐ and investment‐specific dynamic Luenberger indicators and decompose them into the contributions of input‐ and investment‐specific dynamic technical inefficiency changes and dynamic technological changes. We then relate these indicators to an overall CSR measure and aspect‐specific CSR measures (governance, environment, and social). Our results confirm that the association between CSR and productivity change has different signs and effects on specific inputs or investments. We also find that only certain aspects of CSR participate in the association between CSR and dynamic productivity change and its components. [EconLit citations: C61, D24, L66, M14].
Original languageEnglish
JournalAgribusiness
DOIs
Publication statusE-pub ahead of print - 6 Apr 2020

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