Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities

Junmin Xu; Alvin Leung; Wei Thoo Yue; Qin Su

Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities

Department of Information Systems

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

Abstract

To better address social concerns, many companies embrace CSR strategies that are believed to exert a profound influence on firm performance. However, limited research explores whether and how IT plays a role in various types of CSR initiatives. To shed light on this question, we posit how well the firms leverage CSR-related knowledge for value creation heavily depends on their IT-enabled absorptive capacities, which strongly enable knowledge-related processes. Drawing upon the theory of absorptive capacity, we further theorize distinct types of CSR initiatives need to be complemented by different IT-enabled absorptive capacities to enhance firm performance. To test our hypotheses, we have collected detailed archival panel data of the S&P 500 companies and mapped their IT-enabled absorptive capacities to specific IT applications. Our research will not only contribute to the ongoing debate on the business value of CSR by justifying IT-enabled capabilities as significant but long-neglected contingencies, it will also highlight the importance of strategic use of IT to create firm value.

Original language	English
Title of host publication	ICIS 2020 Proceedings
Subtitle of host publication	Making Digital Inclusive: Blending the Local and the Global
Publisher	Association for Information Systems
ISBN (Electronic)	9781733632553
Publication status	Published - Dec 2020
Event	41st International Conference on Information Systems (ICIS 2020): Making Digital Inclusive: Blending the Local and the Global - Virtual, Hyderabad, India Duration: 13 Dec 2020 → 16 Dec 2020 Conference number: 41 https://archives.aisconferences.org/icis2020/ https://aisel.aisnet.org/icis2020/

Publication series

Name	International Conference on Information Systems, ICIS

Conference

Conference	41st International Conference on Information Systems (ICIS 2020)
Place	India
City	Hyderabad
Period	13/12/20 → 16/12/20
Internet address	https://archives.aisconferences.org/icis2020/ https://aisel.aisnet.org/icis2020/

Bibliographical note

Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).

Research Keywords

Absorptive capacity
Corporate social responsibility (CSR)
IT business value
IT-enabled knowledge capability

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https://aisel.aisnet.org/icis2020/governance_is/governance_is/3/

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Xu, J., Leung, A., Yue, W. T., & Su, Q. (2020). Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities. In ICIS 2020 Proceedings: Making Digital Inclusive: Blending the Local and the Global Article 1554 (International Conference on Information Systems, ICIS). Association for Information Systems. https://aisel.aisnet.org/icis2020/governance_is/governance_is/3/

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title = "Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities",

abstract = "To better address social concerns, many companies embrace CSR strategies that are believed to exert a profound influence on firm performance. However, limited research explores whether and how IT plays a role in various types of CSR initiatives. To shed light on this question, we posit how well the firms leverage CSR-related knowledge for value creation heavily depends on their IT-enabled absorptive capacities, which strongly enable knowledge-related processes. Drawing upon the theory of absorptive capacity, we further theorize distinct types of CSR initiatives need to be complemented by different IT-enabled absorptive capacities to enhance firm performance. To test our hypotheses, we have collected detailed archival panel data of the S\&P 500 companies and mapped their IT-enabled absorptive capacities to specific IT applications. Our research will not only contribute to the ongoing debate on the business value of CSR by justifying IT-enabled capabilities as significant but long-neglected contingencies, it will also highlight the importance of strategic use of IT to create firm value.",

keywords = "Absorptive capacity, Corporate social responsibility (CSR), IT business value, IT-enabled knowledge capability",

author = "Junmin Xu and Alvin Leung and Yue, \{Wei Thoo\} and Qin Su",

note = "Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).; 41st International Conference on Information Systems (ICIS 2020) : Making Digital Inclusive: Blending the Local and the Global ; Conference date: 13-12-2020 Through 16-12-2020",

year = "2020",

month = dec,

language = "English",

series = "International Conference on Information Systems, ICIS",

publisher = "Association for Information Systems",

booktitle = "ICIS 2020 Proceedings",

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Xu, J , Leung, A , Yue, WT & Su, Q 2020, Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities. in ICIS 2020 Proceedings: Making Digital Inclusive: Blending the Local and the Global., 1554, International Conference on Information Systems, ICIS, Association for Information Systems, 41st International Conference on Information Systems (ICIS 2020), Hyderabad, India, 13/12/20. <https://aisel.aisnet.org/icis2020/governance_is/governance_is/3/>

Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities. / Xu, Junmin ; Leung, Alvin ; Yue, Wei Thoo et al.
ICIS 2020 Proceedings: Making Digital Inclusive: Blending the Local and the Global. Association for Information Systems, 2020. 1554 (International Conference on Information Systems, ICIS).

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

TY - GEN

T1 - Leveraging CSR-related knowledge for firm value

T2 - 41st International Conference on Information Systems (ICIS 2020)

AU - Xu, Junmin

AU - Leung, Alvin

AU - Yue, Wei Thoo

AU - Su, Qin

N1 - Conference code: 41

PY - 2020/12

Y1 - 2020/12

N2 - To better address social concerns, many companies embrace CSR strategies that are believed to exert a profound influence on firm performance. However, limited research explores whether and how IT plays a role in various types of CSR initiatives. To shed light on this question, we posit how well the firms leverage CSR-related knowledge for value creation heavily depends on their IT-enabled absorptive capacities, which strongly enable knowledge-related processes. Drawing upon the theory of absorptive capacity, we further theorize distinct types of CSR initiatives need to be complemented by different IT-enabled absorptive capacities to enhance firm performance. To test our hypotheses, we have collected detailed archival panel data of the S&P 500 companies and mapped their IT-enabled absorptive capacities to specific IT applications. Our research will not only contribute to the ongoing debate on the business value of CSR by justifying IT-enabled capabilities as significant but long-neglected contingencies, it will also highlight the importance of strategic use of IT to create firm value.

AB - To better address social concerns, many companies embrace CSR strategies that are believed to exert a profound influence on firm performance. However, limited research explores whether and how IT plays a role in various types of CSR initiatives. To shed light on this question, we posit how well the firms leverage CSR-related knowledge for value creation heavily depends on their IT-enabled absorptive capacities, which strongly enable knowledge-related processes. Drawing upon the theory of absorptive capacity, we further theorize distinct types of CSR initiatives need to be complemented by different IT-enabled absorptive capacities to enhance firm performance. To test our hypotheses, we have collected detailed archival panel data of the S&P 500 companies and mapped their IT-enabled absorptive capacities to specific IT applications. Our research will not only contribute to the ongoing debate on the business value of CSR by justifying IT-enabled capabilities as significant but long-neglected contingencies, it will also highlight the importance of strategic use of IT to create firm value.

KW - Absorptive capacity

KW - Corporate social responsibility (CSR)

KW - IT business value

KW - IT-enabled knowledge capability

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UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-85103466258&origin=recordpage

M3 - RGC 32 - Refereed conference paper (with host publication)

T3 - International Conference on Information Systems, ICIS

BT - ICIS 2020 Proceedings

PB - Association for Information Systems

Y2 - 13 December 2020 through 16 December 2020

ER -

Leveraging CSR-related knowledge for firm value: The role of IT-enabled absorptive capacities

Abstract

Publication series

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Bibliographical note

Research Keywords

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