Common Ownership and Corporate Social Responsibility

This paper studies the effect of common ownership on corporate social responsibility (CSR). We find that common ownership is positively associated with a firm's CSR score. The effect is stronger for firms in more competitive industries. We propose a two-stage duopoly game in which CSR serves as a commitment device to expand output aggressively to understand the empirical results

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Year of publication:	2020
Authors:	Dai, Xin
Other Persons:	Qiu, Yue (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Corporate Social Responsibility \| Corporate social responsibility \| Eigentümerstruktur \| Ownership structure \| Welt \| World \| Duopol \| Duopoly

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Extent:	1 Online-Ressource (56 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 6, 2020 erstellt
Other identifiers:	10.2139/ssrn.3668483 [DOI]
Classification:	G30 - Corporate Finance and Governance. General ; G32 - Financing Policy; Capital and Ownership Structure ; D21 - Firm Behavior ; d22 ; L13 - Oligopoly and Other Imperfect Markets ; L21 - Business Objectives of the Firm ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012826362