Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis

This paper investigates the relationship between firms’ performance in corporate social responsibility (CSR) and cost efficiency. We use a newly developed panel data model of stochastic frontier analysis that endogenizes cost efficiency. The dataset consists of 1,673 firms from ten provinces in Viet...

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Tác giả chính: Tu Van Binh
Đồng tác giả: Abay Mulatu
Định dạng: Journal Article
Ngôn ngữ:English
Thông tin xuất bản: Taylor & Francis 2022
Chủ đề:
CSR
Truy cập trực tuyến:https://digital.lib.ueh.edu.vn/handle/UEH/65186
https://doi.org/10.1080/00036846.2022.2063790
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spelling oai:localhost:UEH-651862023-10-20T02:53:40Z Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis Tu Van Binh Abay Mulatu Boying Xu Stochastic frontier models CSR Efficiency Vietnamese enterprises This paper investigates the relationship between firms’ performance in corporate social responsibility (CSR) and cost efficiency. We use a newly developed panel data model of stochastic frontier analysis that endogenizes cost efficiency. The dataset consists of 1,673 firms from ten provinces in Vietnam over three years: 2009, 2011 and 2013. Our results suggest that CSR can enhance cost efficiency of firms. This positive effect of CSR on efficiency can be masked if cost efficiency is treated as exogenous or endogeneity is not handled appropriately. The upshot is that our results challenge the widely held view of the existence of a trade-off between CSR and firm efficiency. 2022-10-27T02:33:41Z 2022-10-27T02:33:41Z 2022 Journal Article 0003-6846 (Print), 1466-4283 (Online) https://digital.lib.ueh.edu.vn/handle/UEH/65186 https://doi.org/10.1080/00036846.2022.2063790 en Applied Economics none Portable Document Format (PDF) Taylor & Francis
institution Đại học Kinh tế Thành phố Hồ Chí Minh
collection DSpaceUEH
language English
topic Stochastic frontier models
CSR
Efficiency
Vietnamese enterprises
spellingShingle Stochastic frontier models
CSR
Efficiency
Vietnamese enterprises
Tu Van Binh
Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
description This paper investigates the relationship between firms’ performance in corporate social responsibility (CSR) and cost efficiency. We use a newly developed panel data model of stochastic frontier analysis that endogenizes cost efficiency. The dataset consists of 1,673 firms from ten provinces in Vietnam over three years: 2009, 2011 and 2013. Our results suggest that CSR can enhance cost efficiency of firms. This positive effect of CSR on efficiency can be masked if cost efficiency is treated as exogenous or endogeneity is not handled appropriately. The upshot is that our results challenge the widely held view of the existence of a trade-off between CSR and firm efficiency.
author2 Abay Mulatu
author_facet Abay Mulatu
Tu Van Binh
format Journal Article
author Tu Van Binh
author_sort Tu Van Binh
title Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
title_short Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
title_full Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
title_fullStr Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
title_full_unstemmed Corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
title_sort corporate social responsibility & firm efficiency: evidence from endogenous cost inefficiency stochastic frontier analysis
publisher Taylor & Francis
publishDate 2022
url https://digital.lib.ueh.edu.vn/handle/UEH/65186
https://doi.org/10.1080/00036846.2022.2063790
work_keys_str_mv AT tuvanbinh corporatesocialresponsibilityfirmefficiencyevidencefromendogenouscostinefficiencystochasticfrontieranalysis
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