ABSTRACT

Studies trying to explain international differences in CSR tend to focus on either regulative institutional or cultural factors. In Chapter 17 we propose that the influence of both types on CSR interact. More specifically, we theorize that free market institutions only have a positive influence on CSR practices in societies with a culture of long-term orientation. Test results confirm this expectation. This finding exemplifies the importance for international comparative research of exploring the interactive effects of institutions and cultures.