Abstract
ABSTRACTIn this article, we attempt to identify key factors affecting local corporate social responsibility (CSR) practices by overseas subsidiaries of Korean multinational enterprises (MNEs) according to stakeholder theory. In this article, internal managers and the parent company (i.e., MNE) are considered as internal stakeholders in an organization; customers, government, local community, nongovernmental organizations (NGOs), and media are significant external stakeholders, as actors on the local society level. We test the relationship between local CSR practices and stakeholders by using multiple regression analysis (ordinary least squares [OLS] method). According to the results, parent company, government, and NGOs are verified as major factors that promote local CSR of subsidiaries, while the roles of internal managers, customers, local community, and media are not considered significant factors. Our research contributes to research flows regarding CSR and stakeholder theory and provides several practical implications for multinational enterprises.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
