Political Views Affect Firms' Corporate Social Responsibility, Study Finds

A new study in The Financial Review establishes a relationship between political beliefs of corporate stakeholders and the corporate social responsibility (CSR) of their firms. Companies with a high CSR rating tend to be located in Democratic states, while companies with a low CSR rating tend to be located in Republican states.

Amir Rubin of Simon Fraser University analyzed the 2004 presidential election results of communities in which corporate ... Full Story »

Posted by Leo Romero
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Posted by: Posted by Leo Romero - Sep 21, 2008 - 8:37 AM PDT
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Fabrice Florin
2.9
by Fabrice Florin - Oct. 1, 2008

Interesting study topic, which I would love to hear more about. I couldn't find the full report on this site, though -- so I can't really tell all that much from that story, which doesn't provide independent perspectives, or links to factual evidence.

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Jim Lang
2.3
by Jim Lang - Oct. 1, 2008

This article is not really journalism -- rather, it is a "teaser" for the report referenced and a poor teaser at that. Setting aside questions concerning measurement of CSR, assuming that the voting record of a region correlates with the political alignment of the management of companies headquartered there seems like quite a leap. Perhaps the report itself handles this and other questions better than the "teaser" implies. (Personal observation: It might not be such a leap to simply assume that management's view as to whether social responsibility is a legitimate business concern correlates with management's political ideology -- which may more loosely correlate with political party affiliation.)

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Leo Romero
3.0
by Leo Romero - Oct. 1, 2008
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Norman Rogers
1.0
by Norman Rogers - Oct. 1, 2008

This article is pretty meaningless. Presumably the democratic politicians tend to pressure the companies to raise their "CSR" score. This is a defensive measure to keep the politicians off their back. Or, perhaps democrats are just more noble than republicans. I guess that's their main idea. Not suprising coming from Science.

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Roland F. Hirsch
1.0
by Roland F. Hirsch - Oct. 1, 2008

This short opinion piece has no journalistic merit. Its major concept ("corporate Social Responsibility") is undefined, so there is nothing reported on. For all we know, Democratic Party operatives could have defined it to ensure that they look better in the "study".

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