An Empirical Examination of the Relationship Between Corporate Social Responsibility Orientation and Personal Value of Managers

Manager´s corporate social responsibility orientation (CSRO) is an important factor determining corporate social performance. This paper explores the relationship between manager´s personal values and CSRO. The step-wise regression analysis based on a survey data of 167 managers indicates that manager´s values have significant effects on his orientation toward the economic, legal and ethical dimensions of corporate social responsibility (CSR), in which self-enhancement and openness to change values have positive effects on economic CSRO, negative effects on ethical and legal CSRO, and altruistic values have negative effects on economic CSRO, and positive effects on legal CSRO, and traditional values have positive effects on ethical CSRO.