How does foreign pressure affect a firm's corporate social performance? Evidence from listed firms in Taiwan

We propose the foreign pressure (FP) hypothesis to illustrate how firms confronting FP from their FDI in countries with high CSR affects a firm's corporate social performance (CSP). We use a battery of proxies from a firm's FDI exposure to measure FP and adopt a sample of listed firms in Taiwan to verify the FP hypothesis. Alternatively, the positive FP–CSP relationship can be explained with the learning effect, indicating firms learn and...