Managerial belief in Corporate Responsibility, and perceived business benefits and challenges

Little research has been done on the microfoundations of engagement on CR on an international basis. This research describes the result of an empirical study of the business benefits of CR based on a sample of senior managers’ perceptions of companies across several countries. Findings highlight a positive relationship between corporate CR values and a range of business benefits, including productivity and profitability. This article reveals a positive relationship between CR values held by individual executives and their perception of their employer’s CR values. Further, this study reveals a positive relationship between firm CR values and perceived business benefits, including productivity and profitability. In addition, it highlights a range of challenges executives see as hampering the engagement with CR, and thereby the potential loss of greater business benefits.