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  1. A double-edged sword: The effects of R&D intensity and capitalization on institutional investment in entrepreneurial firms.Yuan Feng, Chenyang Ma, Yushi Wang & Jiangshui Ma - 2022 - Frontiers in Psychology 13.
    Studies show that research and development may not always benefit entrepreneurial firms. This paper focuses on the double-edged effect of R&D activities on attracting institutional investment in entrepreneurial firms. Based on a panel dataset of 700 listed entrepreneurial firms in ChiNext, we document: an inverted-U relationship between R&D intensity and future institutional investment, which we argue is evidence that institutional investors are concerned about R&D overinvestment; an inverted-U relationship between R&D capitalization and future institutional investment, which we argue shows suspicion (...)
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  • Intragroup Transactions, Corporate Governance, and Corporate Philanthropy in Korean Business Groups.Won-Yong Oh, Young Kyun Chang, Gyeonghwan Lee & Jeongil Seo - 2018 - Journal of Business Ethics 153 (4):1031-1049.
    This study examines how the corporate philanthropy decisions of group-affiliated firms in Korea are made. Based on the attention-based view, we argue that when corporate decision makers at group-affiliated firms focus their attention more on internal markets than external stakeholders because of the firm’s high reliance on intragroup transactions, the firm will decrease its level of corporate philanthropy. We further argue that the relationship will be stronger when governance mechanisms focus on the instrumental value of corporate philanthropy. Using a panel (...)
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  • CEO’s Childhood Experience of Natural Disaster and CSR Activities.Daewoung Choi, Hyunju Shin & Kyoungmi Kim - 2023 - Journal of Business Ethics 188 (2):281-306.
    Interest in the drivers of firms’ corporate social responsibility (CSR) is growing. However, little is known about the influence of a CEO’s childhood experience of natural disasters on CSR. Using archival data, we explore this relationship by offering three mechanisms that may account for how the CEO’s childhood experience of natural disaster is related to their CSR. More specifically, while prior research has established a positive relationship based on the post-traumatic growth theory, we show that the dual mechanisms of prosocial (...)
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  • Do Corporate Customers Prefer Socially Responsible Suppliers? An Instrumental Stakeholder Theory Perspective.Ran Tao, Jian Wu & Hong Zhao - 2023 - Journal of Business Ethics 185 (3):689-712.
    This paper studies the way supplier firms’ corporate social responsibility (CSR) affects their likelihood of being selected as new suppliers. Using a large sample of US public firms with detailed supply chain and CSR data, we provide empirical evidence that corporate customers prefer socially responsible suppliers, and that the effect is more prominent when the supplier industry is more competitive, the customer’s own CSR performance is better, or the supplier and the customer have more similar CSR focuses. Our paper contributes (...)
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  • What on Earth Should Managers Learn About Corporate Sustainability? A Threshold Concept Approach.Ivan Montiel, Peter Jack Gallo & Raquel Antolin-Lopez - 2020 - Journal of Business Ethics 162 (4):857-880.
    The Earth is facing pressing societal grand challenges that require urgent managerial action. Responsible management learning has emerged as a discipline to prepare managers to act as responsible leaders that can effectively address such pressing challenges. This article aims to extend current knowledge on RML in the domain of corporate sustainability through the application of threshold concepts, novel ideas which provide a doorway to new knowledge and transform a learner’s mindset. Specifically, after conducting a systematic review of the management literature, (...)
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  • Digital Transformation and Corporate Social Performance: How Do Board Independence and Institutional Ownership Matter?Shuang Meng, Huiwen Su & Jiajie Yu - 2022 - Frontiers in Psychology 13.
    This study addresses a gap in the literature on corporate governance and corporate social responsibility by investigating whether and how board independence and institutional ownership moderate the relationship between digital transformation and corporate social performance. We find that digital transformation increases CSP using a panel dataset of Chinese publicly listed firms between 2014 and 2018. Moreover, we show that this positive impact is more pronounced when firms have higher proportions of independent directors on the board and institutional owners. These findings (...)
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  • Investigating the Impact of Corporate Social Responsibility (CSR) on Risk Management Practices.Loren Falkenberg, Xiaoyu Liu & Hao Lu - 2022 - Business and Society 61 (2):496-534.
    To date, the value of corporate social responsibility (CSR) activities has primarily been measured through the company’s reputation, with little attention given to exploring whether there are internal influences between CSR and other management practices. We argue that the efficacy of CSR extends beyond a company’s reputation for managing social and environmental concerns; in particular, it can influence other business practices such as risk management. Our results suggest that (a) overall, firms with better CSR performance are more likely to adopt (...)
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  • What on Earth Should Managers Learn About Corporate Sustainability? A Threshold Concept Approach.Ivan Montiel, Peter Jack Gallo & Raquel Antolin-Lopez - 2020 - Journal of Business Ethics 162 (4):857-880.
    The Earth is facing pressing societal grand challenges that require urgent managerial action. Responsible management learning has emerged as a discipline to prepare managers to act as responsible leaders that can effectively address such pressing challenges. This article aims to extend current knowledge on RML in the domain of corporate sustainability through the application of threshold concepts, novel ideas which provide a doorway to new knowledge and transform a learner’s mindset. Specifically, after conducting a systematic review of the management literature, (...)
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  • The Role of Mutual Funds in Corporate Social Responsibility.Zhichuan Frank Li, Saurin Patel & Srikanth Ramani - 2020 - Journal of Business Ethics 174 (3):715-737.
    This paper examines the role of mutual funds in corporate social responsibility. Using a fund-level, holdings-based CSR score, we find that CSR-friendly mutual funds improve firms’ CSR standings. This effect is more pronounced for firms with higher mutual fund ownership and stronger corporate governance. We further show that while CSR-friendly mutual funds have influence on almost all CSR categories, they focus on increasing CSR strengths rather than reducing CSR concerns. We also discover that CSR-friendly funds are more likely to vote (...)
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