In communicating and framing corporate citizenship efforts in countries beyond their headquarters, firms should highlight do-good rather than do-no-harm corporate citizenship initiatives to gain the most positive evaluation from stakeholders.
Read MoreCSR Research: Corporate Citizenship
Signing petitions, 鈥渓iking鈥 a post or joining a Facebook page, and wearing pins/ribbons are popular, token ways to indicate support for a cause or program. In order to build on that initial act of support and encourage deeper and more meaningful commitment to the cause, marketers and citizenship managers should focus on those supporters who are willing to privately participate in token acts for more meaningful engagement.
Read MoreWhen top management teams are comprised of leaders from many different nations and diverse backgrounds, firms experience stronger financial performance.
Read MoreFirst time directors who are racial minorities or women receive lower levels of mentoring, which in turn results in fewer additional board appointments.
Read MoreWhen advocating for change, traditional activist groups (nongovernmental organizations, issue advocacy groups) tend to rely on protests and boycotts, which drag companies 鈥渢hrough the mud鈥 with media attention. In contrast, religious groups and activist investors rely on lawsuits and proxy votes to seek corporate reform. While the latter method may receive little media attention, it is more likely to foster investor risk perceptions.
Read MoreFirms that respond to recalls by communicating specific actions taken to address issues can decrease negative media coverage.
Read MoreGreen advertising claims are often substantiated with numerical information. When more precise numbers are used in environmental advertising claims, consumers who are less skeptical.
Read MoreWhen information gaps exist between a firm and its stakeholders, the firm may experience negative financial consequences.
Read MoreCorporate citizenship efforts鈥攂oth internal and external鈥攈ave a positive effect on market performance.
Read MoreFor the majority of consumers, if the communication frames the listener to identify as part of a local community, environmental messages targeted at addressing an issue locally are more effective at increasing purchase intentions than those that frame the issues as global.
Read MoreWhen faced with mounting competition from foreign rivals, U.S. companies tend to increase corporate citizenship investment as a way to differentiate themselves.
Read MoreFirms that engage in positive employee-related activities鈥攊n addition to customer-related activities鈥攁chieve greater firm value.
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