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Corporate social responsibility and total factor productivity: the case of European mining industry.

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Title: Corporate social responsibility and total factor productivity: the case of European mining industry.
Authors: Yousefian, Mohammad1 (AUTHOR) Mohammad.yousefian@upc.edu, Bascompta, Marc1 (AUTHOR), Sanmiquel, Lluís1 (AUTHOR), Vintró, Carla2 (AUTHOR), Sidki-Rius, Nor1 (AUTHOR)
Source: Mineral Economics: Raw Materials Report. Mar2024, Vol. 37 Issue 1, p149-161. 13p.
Subject Terms: *Industrial productivity, *Social responsibility of business, *Mineral industries, *Data envelopment analysis, *Resource management
Company/Entity: World Bank
Abstract: The aim of this research is to investigate the effect of corporate social responsibility (CSR) on total factor productivity (TFP) in the European mining industry, considering micro- and macroeconomic indicators of the relationship between CSR and TFP. Employing data from 40 European mining companies from content analysis, CSR Hub, and the World Bank between 2018 and 2021, this paper utilizes a combination of Data Envelopment Analysis (DEA) and panel regression techniques to test the research hypotheses. The findings suggest that the TFP of European mining firms is positively affected by CSR initiatives implemented by the companies. Also, the empirical results depict that the CSR-TFP relationship is mainly established on institutional criteria. The results also indicate that CSR-related factors, namely, transparency and reporting, training, health and safety, and resource management, are the impacting indicators. The study broadens the horizons of this line of research and can be beneficial to CEOs, managers, experts, policymakers, decision-makers, and economists in the field of mining who are willing to promote responsible and sustainable mining. [ABSTRACT FROM AUTHOR]
Database: Energy & Power Source
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DbLabel: Energy & Power Source
An: 176497888
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PubType: Academic Journal
PubTypeId: academicJournal
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  Data: Corporate social responsibility and total factor productivity: the case of European mining industry.
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  Data: <searchLink fieldCode="AR" term="%22Yousefian%2C+Mohammad%22">Yousefian, Mohammad</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> Mohammad.yousefian@upc.edu</i><br /><searchLink fieldCode="AR" term="%22Bascompta%2C+Marc%22">Bascompta, Marc</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Sanmiquel%2C+Lluís%22">Sanmiquel, Lluís</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Vintró%2C+Carla%22">Vintró, Carla</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Sidki-Rius%2C+Nor%22">Sidki-Rius, Nor</searchLink><relatesTo>1</relatesTo> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Mineral+Economics%3A+Raw+Materials+Report%22">Mineral Economics: Raw Materials Report</searchLink>. Mar2024, Vol. 37 Issue 1, p149-161. 13p.
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  Data: *<searchLink fieldCode="DE" term="%22Industrial+productivity%22">Industrial productivity</searchLink><br />*<searchLink fieldCode="DE" term="%22Social+responsibility+of+business%22">Social responsibility of business</searchLink><br />*<searchLink fieldCode="DE" term="%22Mineral+industries%22">Mineral industries</searchLink><br />*<searchLink fieldCode="DE" term="%22Data+envelopment+analysis%22">Data envelopment analysis</searchLink><br />*<searchLink fieldCode="DE" term="%22Resource+management%22">Resource management</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22World+Bank%22">World Bank</searchLink>
– Name: Abstract
  Label: Abstract
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  Data: The aim of this research is to investigate the effect of corporate social responsibility (CSR) on total factor productivity (TFP) in the European mining industry, considering micro- and macroeconomic indicators of the relationship between CSR and TFP. Employing data from 40 European mining companies from content analysis, CSR Hub, and the World Bank between 2018 and 2021, this paper utilizes a combination of Data Envelopment Analysis (DEA) and panel regression techniques to test the research hypotheses. The findings suggest that the TFP of European mining firms is positively affected by CSR initiatives implemented by the companies. Also, the empirical results depict that the CSR-TFP relationship is mainly established on institutional criteria. The results also indicate that CSR-related factors, namely, transparency and reporting, training, health and safety, and resource management, are the impacting indicators. The study broadens the horizons of this line of research and can be beneficial to CEOs, managers, experts, policymakers, decision-makers, and economists in the field of mining who are willing to promote responsible and sustainable mining. [ABSTRACT FROM AUTHOR]
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        Value: 10.1007/s13563-024-00423-4
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      – Code: eng
        Text: English
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        Type: general
      – SubjectFull: Social responsibility of business
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      – SubjectFull: Mineral industries
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      – SubjectFull: Data envelopment analysis
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      – SubjectFull: World Bank
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              Text: Mar2024
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              Y: 2024
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