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Is corporate social responsibility associated with lower wages?

Sammendrag

Firms with a reputation as socially responsible may have an important cost advantage: If workers prefer their employer to be socially responsible, equilibrium wages may be lower in such firms. We explore this hypothesis, combining Norwegian register data with data on firm reputation collected by an employer branding firm. Adjusting for a large set of background variables, we find that the firm’s social responsibility reputation is significantly associated with lower wages.

Om publikasjonen

Forfattere:

Nyborg, Karine og Tao Zhang

År:

2011

Serie:

Memorandum
Nummer i serie: 1

JEL:

C51, D21, D64, Q56

Nøkkelord:

Self-regulation, wage differentials, CSR

Prosjekt:

3171 - SAMFUNN: Norms, green agents and environmental policy

Lenke:

[PDF]