Title: The influence of religiosity and culture on the economic, environmental, and social dimensions of CSR: a comparative case study of Taiwan and Austria
Authors: Marius Molter; Vito Bobek; Gorazd Justinek; Tatjana Horvat
Addresses: Institute of International Management and Entrepreneurship, University of Applied Sciences FH Joanneum Graz, Eggenberger Allee 11, 8020, Graz, Austria ' Institute of International Management and Entrepreneurship, University of Applied Sciences FH Joanneum Graz, Eggenberger Allee 11, 8020, Graz, Austria ' Faculty of Government and European Studies, The New University, Žanova ulica 3, 4000, Kranj, Slovenia ' Faculty of Management University of Primorska, Cankarjeva 5, p.p. 761. SI-6101, Koper, Slovenia
Abstract: The paper analyses the influence of culture and religiosity on corporate social responsibility (CSR) by assessing the three dimensions of the triple-bottom approach - economic, environmental, and social - via creating composite indicators out of the World Value Survey's relevant questions in each field. Austria and Taiwan, two very different countries in terms of economic development, religion, and cultural values, are compared. The analysis is based on the World Value Survey website; therefore, a comparison of the development of these factors over time is possible. Lastly, a correlation analysis regarding the influence of religiosity on each of those dimensions was applied. The correlation analysis resulted in a conclusion that does not follow previous studies. It suggests negative relationships in two out of three dimensions. While a positive correlation between religiosity and the economic dimension is observable in Austria, the correlation between environmental concerns and religiosity in Taiwan appears significant.
Keywords: CSR; corporate social responsibility; culture; religiosity; time-series analysis; cross-country comparison.
International Journal of Happiness and Development, 2022 Vol.7 No.3, pp.203 - 221
Received: 28 Dec 2020
Accepted: 11 May 2021
Published online: 13 Dec 2022 *