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    Attitudes of millennials toward corporate responsibility: a 28-society multilevel analysis


    Terpstra Tong, Jane L.Y., Ralston, David A., Furrer, Olivier, Karam, Charlotte M., Egri, Carolyn Patricia, Richards, Malika, Dabić, Marina, Reynaud, Emmanuelle, Fu, Pingping, Palmer, Ian, Srinivasan, Narasimhan, de la Garza Carranza, Maria Teresa, Butt, Arif, Ruiz-Gutiérrez, Jaime, Lee, Chay Hoon, Naoumova, Irina, Moon, Yong-Lin, Pla-Barber, Jose, Molteni, Mario, Kuo, Min Hsu, Casado, Tania, Sidani, Yusuf M., Mockaitis, Audra, Milton, Laurie, Zatorska, Luiza, Ho, Beng Chia, Gelbuda, Modestas, Alas, Ruth and Danis, Wade (2024) Attitudes of millennials toward corporate responsibility: a 28-society multilevel analysis. Cross Cultural & Strategic Management. ISSN 2059-5794

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    Abstract

    Purpose We examined the attitudes of millennial-aged business students toward economic, social and environmental corporate responsibility (CR). Currently, these individuals are of an age that they have entered the workforce and are now ascending or have ascended into roles of leadership in which they have decision-making power that influences their company’s CR agenda and implementation. Thus, following the ecological systems perspective, we tested both the macro influence of cultural values (survival/self-expression and traditional/secular-rational values) and structural forces (income inequality, welfare socialism and environmental vulnerability) on these individuals’ attitudes toward CR. Design/methodology/approach This is a multilevel study of 3,572 millennial-aged students from 28 Asian, American, Australasian and European societies. We analyzed the data collected in 2003–2009 using hierarchical linear modeling. Findings In our multilevel analyses, we found that survival/self-expression values were negatively related to economic CR and positively related to social CR while traditional/secular-rational values was negatively related to social CR. We also found that welfare socialism was positively related to environmental CR but negatively related to economic CR while environmental vulnerability was not related to any CR. Lastly, income equality was positively related to social CR but not economic or environment responsibilities. In sum, we found that both culture-based and structure-based macro factors, to varying extents, shape the attitudes of millennial-aged students on CR in our sample. Originality/value Our study is grounded in the ecological systems theory framework, combined with research on culture, politico-economics and environmental studies. This provides a multidisciplinary perspective for evaluating and investigating the impact that societal (macro-level) factors have on shaping attitudes toward businesses’ engagement in economic, social and environmental responsibility activities. Additionally, our multilevel research design allows for more precise findings compared to a single-level, country-by-country assessment.
    Item Type: Article
    Keywords: Economic corporate responsibility; social corporate responsibility; Environmental corporate responsibility; Hierarchical linear modeling; Cultural values; Structural forces;
    Academic Unit: Faculty of Social Sciences > School of Business
    Item ID: 19575
    Identification Number: 10.1108/CCSM-03-2023-0041
    Depositing User: Audra Mockaitis
    Date Deposited: 11 Mar 2025 16:33
    Journal or Publication Title: Cross Cultural & Strategic Management
    Publisher: Emerald
    Refereed: Yes
    Related URLs:
    URI: https://mural.maynoothuniversity.ie/id/eprint/19575
    Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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