Corporate Social Responsibility (CSR) and Development-A Study with Brazilian Multinational Corporations

Abstract

This study aims to demonstrate the connection between development level of host-countries and Corporate Social Responsibility (CSR) of Brazilian subsidiaries. Quantitative secondary data is obtained from Project GINEBRA, a Project dedicated to the study of business management for the internationalization of Brazilian companies. It is argued that foreign subsidiaries of Brazilian multinational corporations prosecute more CSR in developed than in developing countries. Statistical correlation tests reveal that in most of the cases there is no significant variance in CSR between developed and developing countries, except for the selection of certified suppliers.
Keywords: Corporate Social Responsibility (CSR), Economic Development, Foreign Subsidiaries.