RT Article
T1 What Determines Principle-Based Standards Implementation? Reporting on Global Compact Adoption in Spanish Firms
JF Journal of business ethics
VO 133
IS 3
SP 553
OP 565
A1 Ayuso, Silvia
A1 Roca, Mercè
A1 Arevalo, Jorge A.
A1 Aravind, Deepa
LA English
PB Springer Science + Business Media B. V
YR 2016
UL https://www.ixtheo.de/Record/1785656775
AB International Accountability Standards have proliferated in the last 20 years, with the UN Global Compact (GC) as the most widely accepted principle-based standard catalyzing voluntary participation by firms. This study aims to improve understanding about the factors that determine companies’ progress in adopting principle-based standards. Drawing on the resource-based view of the firm, we examine the direct and combined influences of different organizational resources (firm-specific resources, innovative capability, length of participation, and internationalization of the firm) on standard implementation as perceived by 213 Spanish GC signatories. Our results reveal that the level of firm-specific resources has a positive effect on the extent of GC principles implementation and that innovative capability and length of GC participation strengthen this effect. Contrary to our expectations, we find that the internationalization of firms does not have an effect on GC principles implementation. We discuss the implications of these findings for scholars and practicing managers.
K1 Spain
K1 Resource-based view of the firm (RBV)
K1 Internationalization
K1 Innovative capability
K1 Global Compact (GC)
K1 Corporate social responsibility (CSR)
K1 International Accountability Standards
DO 10.1007/s10551-014-2412-4