Companies often engage in activities of corporate social responsibility such as donating a share of profits to charity. Previous research suggests these initiatives can help attract and motivate workers, even at the cost of giving up part of their compensation. This column presents experimental evidence that shows, however, that when workers can choose who they want to work for, they prefer firms that offer a higher wage, and are attracted by a firm’s corporate social responsibility only when they consider their wage offer as ‘fair’. Further, if companies compensate donations to charity by reducing workers’ wages, this could ultimately harm workers’ wellbeing, depending on the worker’s views on the donations.
Guglielmo Briscese, Nick Feltovich, Robert Slonim, 03 April 2021
Most Read
-
Ha, Kose, Ohnsorge
-
van den Heuvel, Popp
-
Ambrocio, Ferrero, Jokivuolle, Ristolainen
-
Gandhi, Kahn, Kochhar, Lall, Tandel
-
Diemer, Iammarino, Rodríguez-Pose, Storper
-
Burgess, Sievertsen
-
Eichengreen, O'Rourke
-
Mitze, Kosfeld, Rode, Wälde
-
Heldring, Robinson
-
Allen
Blogs&Reviews
-
Carraro, Cœuré, Dhand, Eichengreen, Mills, Rey, Sapir, Schwarzer
-
Evenett
-
Fullerton, Levinson
-
Hoffmann, Moench, Pavlova, Schultefrankenfeld
-
Reichlin, Adam, McKibbin, McMahon, Reis, Ricco, Weder di Mauro
Vox eBooks

Fink, Ménière, Toole, Veugelers, 13 July 2022
Don't Miss
Kalemli-Ozcan
Sunde, Rohner, Berlanda
Events
-
22 - 23 August 2022 / Palais Coburg, Vienna, Austria / WU Vienna University of Economics and Business Research Institute for Capital Markets (ISK)
-
23 - 25 August 2022 / Online /
-
29 - 31 August 2022 / Barcelona Spain / Central Bank Research Association (CEBRA)
-
7 - 8 September 2022 / Roma Eventi, Congress Center, Pontificia Università Gregoriana Rome, Italy / European Center of Sustainable Development , CIT University
-
11 - 14 September 2022 / Basel University / Verein fue Socialpolitik/Basel University
CEPR Policy Research
-
Gobillon, Solignac
-
Giglio, Maggiori, Stroebel, Weber
-
Summers, Fatás
-
Favero, Galasso
-
Butt, Churm, McMahon, Morotz, Schanz
-
Eichengreen, Avgouleas, Poiares Maduro, Panizza, Portes, Weder di Mauro, Wyplosz, Zettelmeyer
-
Baldwin, Beck, Bénassy-Quéré, Blanchard, Corsetti, De Grauwe, den Haan, Giavazzi, Gros, Kalemli-Ozcan, Micossi, Papaioannou, Pesenti, Pissarides , Tabellini, Weder di Mauro
-
Baldwin, Nakatomi
-
Thimann
-
Goodhart, Perotti