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  1. Non-Governmental Organization (NGO) Tweets: Do Shareholders Care?Bouchra M’Zali, Jean-Yves Filbien & Marion Dupire - 2022 - Business and Society 61 (2):419-456.
    We study how messages on Twitter by large non-governmental organizations (NGOs), targeting companies from the S&P500, affect these companies’ stock prices. With a sample of 1,611 tweets between 2009 and 2017 by 18 large NGOs, we observe significant changes in the stock prices of the targeted firms. More specifically, NGO tweets stating a positive message about the environmental, social, or governance (ESG). Actions of the firm have a positive effect on stock prices, while negative tweets have a negative effect. Nevertheless, (...)
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  • Perceived Organizational Motives and Consumer Responses to Proactive and Reactive CSR.Mark D. Groza, Mya R. Pronschinske & Matthew Walker - 2011 - Journal of Business Ethics 102 (4):639-652.
    Corporate social responsibility (CSR) has emerged as an effective way for firms to create favorable attitudes among consumers. Although prior research has addressed the direct influence of proactive and reactive CSR on consumer responses, this research hypothesized that consumers’ perceived organizational motives (i.e., attributions) will mediate this relationship. It was also hypothesized that the source of information and location of CSR initiative will affect the motives consumers assign to a firms’ engagement in the initiative. Two experiments were conducted to test (...)
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  • The chief executive officer and corporate social performance: An interdisciplinary examination. [REVIEW]Anisya S. Thomas & Roy L. Simerly - 1994 - Journal of Business Ethics 13 (12):959 - 968.
    This paper attempts to cross the disciplinary boundaries of strategic management and social issues management to demonstrate the relationship between managerial characteristics and corporate social performance (CSP). Drawing on studies in strategic leadership research we develop and test hypotheses about linkages between top management attributes and different levels of CSP. Our results add credence to the argument that organizations are a reflection of their top managers, and encourage further systematic research of the influence of key executives in developing and implementing (...)
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  • The Effect of Online Protests and Firm Responses on Shareholder and Consumer Evaluation.Tijs van den Broek, David Langley & Tobias Hornig - 2017 - Journal of Business Ethics 146 (2):279-294.
    Protests that target firms’ socially irresponsible behavior are increasingly organized via digital media. This study uses two methods to investigate the effects that online protests and mitigating firm responses have on shareholders’ and consumers’ evaluation. The first method is a financial analysis that includes an event study which measures the effect of online protests on the target firm’s share price, as well as an investigation of the boundary effects of protest characteristics. The second method is an online experiment that assesses (...)
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  • The Effect of Online Protests and Firm Responses on Shareholder and Consumer Evaluation.Tobias Hornig, David Langley & Tijs Broek - 2017 - Journal of Business Ethics 146 (2):279-294.
    Protests that target firms’ socially irresponsible behavior are increasingly organized via digital media. This study uses two methods to investigate the effects that online protests and mitigating firm responses have on shareholders’ and consumers’ evaluation. The first method is a financial analysis that includes an event study which measures the effect of online protests on the target firm’s share price, as well as an investigation of the boundary effects of protest characteristics. The second method is an online experiment that assesses (...)
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