Industrial Specific Evaluation for Corporate Social Responsibility

This study analyzed the differences in effective Corporate Social Responsibility(CSR) activities across industries among Japanese companies. Using Toyo Keizai CSR data and conducting statistical analysis with a multilevel model, the results revealed that internal CSR activities have a significant impact on CSR evaluations in the chemical industry, while external CSR activities are highly valued in the electrical equipment industry. These findings suggest that the key areas of CSR activities differ depending on industry specific risks and social demands, indicating that companies should develop CSR strategies tailored to the structure of their respective industries.