On the micro-foundations of corporate social responsibility: a perspective based on dynamic managerial capabilities
Cross Cultural & Strategic Management
ISSN: 2059-5794
Article publication date: 6 October 2022
Issue publication date: 8 February 2023
Abstract
Purpose
This study proposes that the three core underpinnings of dynamic managerial capabilities (DMCs) – managerial cognition, managerial human capital and managerial social capital – represent individual-level micro-foundations that influence corporate social responsibility (CSR). It further explores the interaction mechanism between the three underpinnings in influencing CSR, and their influence depends on the technological turbulence caused by big-data-related technologies.
Design/methodology/approach
This study uses a quantitative research method and partial least squares structural equation modelling (PLS-SEM) to test the relationship between latent factors based on a sample of 270 Chinese top managers.
Findings
The three core underpinnings of DMCs are positively related to CSR. Managerial human capital and managerial social capital mediate the relationship between managerial cognition and CSR. Technological turbulence's moderating effects are also tested. Specifically, technological turbulence amplifies the positive relationship between managerial cognition, managerial human capital and CSR but negatively moderates the relationship between managerial social capital and CSR.
Originality/value
Why are some firms more willing to participate in CSR than others mainly depend on the fact that the actual participants of CSR are the top managers who formulate strategies and implement CSR plans. This study, grounded in the DMCs framework and the upper echelons perspective, is arguably the first to link DMCs' three core underpinnings and CSR, and further explore the multiple drivers' mechanisms and boundary conditions. This study contributes to individual micro-foundation of CSR literature, and advances the understanding of whether and how top managers influence CSR engagement.
Keywords
Acknowledgements
The authors thank all the respondents of the companies for their cooperation in data collection and the editors and reviewers for their valuable advises. This work was supported by the National Natural Science Foundation of China (No. 72032008, 71772165), Major Research Project of Philosophy and Social Sciences of the Ministry of Education, P.R. China (No. 17JZD018) and Research Project of Philosophy and Social Sciences, Zhejiang Province, P.R. China (21ZJQN03YB).
Citation
Chen, Y., Guo, Y. and Hu, X. (2023), "On the micro-foundations of corporate social responsibility: a perspective based on dynamic managerial capabilities", Cross Cultural & Strategic Management, Vol. 30 No. 1, pp. 93-122. https://doi.org/10.1108/CCSM-12-2021-0227
Publisher
:Emerald Publishing Limited
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