Sammanfattning
This study examines the relationship between board co-option and corporate social responsibility (CSR) among U.S. firms. The results indicate that higher levels of board co-option are linked to weaker CSR performance, particularly in terms of environmental initiatives and diversity-related social programs. The negative association between board co-option and CSR is more pronounced in firms in which CEOs hold substantial power and short-term managerial compensation is prioritized and in industries characterized by higher information asymmetries. In contrast, independent, non-co-opted directors appointed before the incumbent CEO enhance engagement in CSR, highlighting their important role in fostering socially responsible corporate behavior.
| Originalspråk | Engelska |
|---|---|
| Artikelnummer | 0148558X251368673 |
| Referentgranskad vetenskaplig tidskrift | Journal of Accounting, Auditing and Finance |
| ISSN | 0148-558X |
| DOI | |
| Status | Publicerad - 20.08.2025 |
| MoE-publikationstyp | A1 Originalartikel i en vetenskaplig tidskrift |
FN:s SDG:er
Detta resultat bidrar till följande hållbara utvecklingsmål:
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SDG 12 – Hållbar konsumtion och produktion
Nyckelord
- 512 Företagsekonomi
Fingeravtryck
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