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Article
Affiliation(s)

Ming Chuan University, Taoyuan, Taiwan

ABSTRACT

This study aims to investigate whether Corporate Social Responsibility (CSR) activities reduce supply chain disruptions by examining the impact of the Suez Canal obstruction on the Ever Given container ship in March 2021. This study conclude that the more responsible companies have higher returns and are less affected by this event than the less responsible companies; the less responsible companies have lower returns. The companies with better CSR have a lower impact on their supply chains when faced with disruptions in the supply chain.

KEYWORDS

Suez Canal obstruction, corporate social responsibility, supply chain risks, event study, Ever Given container ships

Cite this paper

Economics World, July-Sep. 2024, Vol.11, No.3, 145-155 doi: 10.17265/2328-7144/2024.03.005

References

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