Differential effects of corporate social responsibility on downsizing: Evidence from the United States

Based on an integrated theoretical framework, we argue that socially responsible firms aspire to higher ethical and moral standards than other foster intrinsic motivation avoid downsizing. In line with this, develop hypotheses proposing a negative association of Corporate Social Responsibility (CSR) downsizing incidence severity. Using panel data U.S. over eight-year period, confirm these find CSR has downsizing, which increases the severity We discuss implications findings how our work contributes body academic as important novel firm-level determinant links corporate sustainability stakeholder engagement.