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Driving Mechanism of Corporate Social Responsibility in United States and Mainland China
2017
This paper empirically explored the driving factors of corporate social responsibility (CSR) using survey data from USA and China.Based on the results from a Web survey of more than 400 executives from a diversified sample of companies, the influential CSR drivers betweenUSA and China were compared and contrasted. Factor analysis identifies the ranking of CSR drivers for China as (1) ethics/values, (2) performance, (3)international issues/consumers/reputation, (4) barriers, and (5)government/laws in descending importance. The ranking for USA is (1) ethics/values, (2) barriers,(3) performance, (4) government/ laws, and (5) consumers/reputation. Furthermore, it was found that China being in a…