Research Chatter 5: Is Corporate Social Responsibility for Real?

by Charlie Williams


Corporate Social Responsibility (CSR) is one of the hottest topics in classrooms and boardrooms around the world. But do we really know that companies that “do good” also “do well”? And are companies actually making real social impact with all of these heavily-publicized initiatives? In this episode of Research Chatter, we review cutting edge work on CSR that is generating new insights about these questions and identifying the mechanisms by which social responsibility can lead to better financial performance.

Research cited in the discussion:

1. Flammer C. 2015. Does Corporate Social Responsibility Lead to Superior Financial

Performance? A Regression Discontinuity Approach. Management Science, 61(11):


2. Burbano, V. 2015. Corporate social responsibility and firm performance: Field

experimental evidence on the role of employee salary requirements and productivity,

Working Paper

Click to access burbano_jobmarketpaper_updated.pdf

3. Hawn, O. and Ioannou, I. (2016), Mind the gap: The interplay between external and

internal actions in the case of corporate social responsibility. Strat. Mgmt. J.. doi: