Time: 12:00-16:00, 20 March 2025
Speaker: Tang Wang is an Associate Professor at the Nault Center for Entrepreneurship, Muma College of Business, University of South Florida, where he teaches research courses related to business planning. His research focuses on technological entrepreneurship and innovation management, including product development, academic entrepreneurship, and top management teams, with particular attention to high-tech industries such as computing, software, biotechnology, and fintech. His work has appeared in leading journals including the Journal of Business Venturing, Journal of Product Innovation Management, Journal of Management, Strategic Entrepreneurship Journal, and Strategic Management Journal, and has received multiple best paper awards.
Abstract:
Prior studies have examined the influence of firm-level and industry-level factors on variation in firms' corporate social responsibility (CSR), often in a single-country setting. This study expands CSR variance decomposition research by incorporating the country level into the analysis of CSR variance, revealing the relative importance of country-specific factors in explaining CSR variation across firms. We also introduce informal institutions - collectivistic and individualistic values - as moderators of the relative importance of firm, industry, and country effects on CSR variance, advancing a multilevel understanding of how informal cultural norms shape CSR variance. Finally, we offer insights into the sources of differences in firms' substantive versus symbolic CSR, showing that symbolic efforts are more country-driven, especially in collectivistic settings. A panel of 25,309 observations from 4,287 firms across 153 industries in 71 countries for the 2003-2020 period supports our theory, which has implications for understanding CSR strategies within and across countries.
