UNTANGLING THE CORPORATE SOCIAL RESPONSIBILITY-FINANCIAL PERFORMANCE PARADOX: THE ROLE OF COMPETITIVE ACTIVITY
Bibliographic record
Abstract
A central debate in corporate social responsibility (CSR) research is whether CSR hurt or help shareholders. Our study suggests that this paradoxical tension between social and competitive activities of firms is a manageable resource-allocation decision. By disaggregating competitive activity into its different forms – intensity and complexity – we develop a model that explains how firms can alleviate the resource allocation tension to improve performance. High CSR firms can enhance short-term performance by reconfiguring its resource base and reducing competitive intensity – the frequency of competitive actions. Alternatively, they can increase long-term performance by transforming its resource base and increasing competitive complexity – the variety and novelty of competitive actions. Overall, our empirical findings suggest that the positive effect of CSR on firm performance is conditional on firms’ ability to adjust the intensity and complexity of their competitive activity. Our results are robust across competitive environments with different levels of competitive pressure.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.006 | 0.017 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.001 | 0.008 |
| Scholarly communication | 0.005 | 0.007 |
| Open science | 0.001 | 0.003 |
| Research integrity | 0.002 | 0.002 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".