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Article

Can CEOs’ Corporate Social Responsibility Orientation Improve Firms’ Cooperation in International Scenarios?

by
Ángela González-Moreno
1,
Pablo Ruiz-Palomino
2 and
Francisco J. Sáez-Martínez
1,*
1
Faculty of Economics and Business Administration, University of Castilla-La Mancha, 02071 Albacete, Spain
2
Faculty of Social Sciences, University of Castilla-La Mancha, 16071 Cuenca, Spain
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(24), 6936; https://doi.org/10.3390/su11246936
Submission received: 22 October 2019 / Revised: 4 December 2019 / Accepted: 4 December 2019 / Published: 5 December 2019
(This article belongs to the Section Economic and Business Aspects of Sustainability)

Abstract

This paper intends to analyze the role of the chief executive officer’s (CEO) Corporate Social Responsibility Orientation (CSRO) on interfirm cooperation. Interfirm cooperation is central to gaining competitiveness, particularly in international scenarios where firms must deal with uncertain challenges. Nonetheless, the current understanding of its key determinants needs further development. We argue that whereas environmental hostility pushes firms to cooperate for self-interested purposes, CEOs’ CSRO pulls towards cooperation as an end in itself, even more so under hostile conditions where the need for good-willed committed partners is higher. In a sample of 124 internationalized Spanish firms, we found that CEOs’ CSRO alone increases firms’ international interfirm cooperation and that this impact is stronger under hostile international environments. Our findings thus highlight the importance of leading firms in a socially responsible direction to boost their interfirm cooperation levels in international scenarios.
Keywords: corporate social responsibility orientation; environmental hostility; interfirm cooperation; internationalization corporate social responsibility orientation; environmental hostility; interfirm cooperation; internationalization

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MDPI and ACS Style

González-Moreno, Á.; Ruiz-Palomino, P.; Sáez-Martínez, F.J. Can CEOs’ Corporate Social Responsibility Orientation Improve Firms’ Cooperation in International Scenarios? Sustainability 2019, 11, 6936. https://doi.org/10.3390/su11246936

AMA Style

González-Moreno Á, Ruiz-Palomino P, Sáez-Martínez FJ. Can CEOs’ Corporate Social Responsibility Orientation Improve Firms’ Cooperation in International Scenarios? Sustainability. 2019; 11(24):6936. https://doi.org/10.3390/su11246936

Chicago/Turabian Style

González-Moreno, Ángela, Pablo Ruiz-Palomino, and Francisco J. Sáez-Martínez. 2019. "Can CEOs’ Corporate Social Responsibility Orientation Improve Firms’ Cooperation in International Scenarios?" Sustainability 11, no. 24: 6936. https://doi.org/10.3390/su11246936

APA Style

González-Moreno, Á., Ruiz-Palomino, P., & Sáez-Martínez, F. J. (2019). Can CEOs’ Corporate Social Responsibility Orientation Improve Firms’ Cooperation in International Scenarios? Sustainability, 11(24), 6936. https://doi.org/10.3390/su11246936

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