研討日期

202032日上午10:20~ 12:30

研討地點

國立臺灣大學609討論室

主講題目

Title of the paper

Strategic corporate social responsibility by a multinational firm

作者

Authors of the paper

Constantine Manasakis, Evangelos Mitrokostas, Emmanuel Petrakis

文獻出處

Journal, vol.(issue), pp

Review of International Economics. 2018, 26: 709–720

主講人

王羿傑

參加人員

王羿傑、王光正、林燕淑、施全、梁文榮、張瑞雲、彭正浩、黃鴻、賴宜君、吳家、周宗翰、DAMIANA SIMANJUNTAKLUSUNG MKANDAWIRE、許至乙、Dong Van Chung

摘要

Abstract of the paper

This paper investigates the determinants of a responsible multinational firm’s decision to enter in a foreign country either through exports or through foreign direct investment (FDI), as well as the relevant market and societal outcomes. We find that corporate social responsibility (CSR) investments are higher under FDI than under exports. The multinational firm’s incentives to serve the foreign country through FDI are increasing in the average consumer’s valuation for CSR and in the intensity of the foreign country’s market competition, but only if the average consumer’s valuation for CSR in this country is sufficiently high. These incentives are mitigated by the multinational firm’s liability in this country under exports. We also find that there is misalignment of preferences between the stakeholders of the two countries over the multinational firm’s mode of entry in the foreign country.