Leveraging government tax incentives to prompt corporate social responsibility (CSR) has gained considerable popularity over the last decade. However, the consequences of such incentives on retailers and society may be subtle. This paper sheds light on the effectiveness of government tax...

AbstractThis paper analyzes the relationship between charitable giving and political candidacy. It uses comprehensive individual-level Norwegian register data, which is combined with data on the universe of candidates running for local election (2003-2019). These data include information on...

Prosocial CEOs advocate for social issues through supporting politicians representing their social values. We focus on two types of social issues: racial inequality and gun violence. Using personal charitable donation behavior to identify prosocial CEOs, we find that firms with prosocial CEOs...

This paper examines how companies respond to negative ESG incidents by appointing directors with experience in charitable organizations. We find that firms are more likely to make such appointments following ESG incidents, especially when these incidents attract substantial media attention or...

The importance of culture as an informal management control system is increasingly acknowledged in academia. While prior research mainly focuses on the value of culture on internal stakeholders (e.g., employees), we examine whether culture serves as a credible signal in building trust with...