How does stakeholder pressure influence CSR-practices? A construction industry model based on a European sample
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Kowalczyk_How does stakeholder pressure influence_1.pdf (386.06 KB)
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2020
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Institute of Economics, Polish Academy of Sciences
Abstract
Stakeholder pressure is one of the most vital powers that determines CSR implementation and can provide organizations with the motivation to adopt corporate social responsibility (CSR) strategy, as the stakeholder theory claims. The current investigation is a replication of the author’s (2019) study, which examined the same structure of relations based on a Polish sample. The essence of this replication is to find out whether CSR-practice is driven by ‘stakeholder pressure’ and ‘CSR-company culture’ varies when controlled by selected European countries or not. Namely, does a ‘European model of CSR-practice’ embedded in the European culture exist, or does it not exist (yet). Some earlier studies suggest that sociocultural context matters when it comes to CSR-practice. Therefore, this study aims to check how intensively a European cultural context affects organizational cultural context and stakeholder pressure when influencing CSR-practices in the construction industry by employing a sample composed of selected European countries. The author’s (2019) model was then replicated based on a convenience sample composed of 282 cases from five European countries. The structural equation modeling method (SEM) was applied to analyze data and verify hypotheses. The findings confirmed that stakeholder pressure has the most substantial influence on CSR-practices. Moreover, although the current study proves that CSR-practice differs depending on the country of its implementation, it does not present all aspects of the potential differences. Further, deeper research is required to understand it better.
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Kowalczyk, R. (2020). How does stakeholder pressure influence CSRpractices? A construction industry model based on a European sample. In A. Ujwary-Gil & M. Gancarczyk (Eds.), New Challenges in Economic Policy, Business, and Management (pp. 319-333). Warsaw: Institute of Economics, Polish Academy of Sciences.