Varieties of CSR: institutions and socially responsible behaviour

Mehmet Demirbag, Geoffrey Wood, Dilshod Makhmadshoev, Olga Rymkevich

Research output: Contribution to journalArticleResearchpeer-review

51 Citations (Scopus)


A central concern within contemporary socio-economics has been on the relationship between national institutional configurations and societal outcomes. In this paper, we assess the relationship between legal origin and a range of correlated indicators of social responsibility, focusing on socially responsible investing and voluntary charitable giving. We found that in Common Law contexts, lower levels of social responsibility than in Civil Law contexts, other than in the area of charitable giving, where the converse was the case. We explore the reasons for this distinction, and for the different patterns encountered in post-socialist Central and Eastern Europe. Based on the findings, we identify directions for future research.

Original languageEnglish
Pages (from-to)1064-1074
Number of pages11
JournalInternational Business Review
Issue number6
Publication statusPublished - Dec 2017
Externally publishedYes


  • Charitable giving
  • Comparative institutional analysis
  • Corporate social responsibility
  • Legal origin
  • Socially responsible investing

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