Corporate Citizenship Motivations and Impacts: A Study of UNGC Membership

Abstract

The project examines empirically the decision by entities to join the United Nations Global Compact (UNGC) and to remain as members over time. Membership of the UNGC is an explicit signal of ‘good’ corporate citizenship by commitment to the UNGC Ten Principles which focus on human rights, labour, the environment and anti-corruption, and carries the responsibility to periodically report against those principles. Despite the rapid growth of UNGC membership in recent years, the motives and benefits associated with UNGC membership have not been documented empirically In the study, we examine regional, industry and firm-level predictors of UNGC membership. We also examine how these factors explai..