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The determinants of virtue : modelling changes in the CSR ratings of Chinese firms

Wu, Shuangqi; Appleton, Simon; Song, Lina; Jinming, Wang - 2017

Most empirical studies on Corporate Social Responsibility (CSR) use cross-sectional data or case studies, making causality hard to establish. We overcome this limitation by using panel data on Chinese firms. We find no effect of last year's profits on CSR ratings, although their negative...

Persistent link: https://www.econbiz.de/10011762251

Estimating the effect of income on health and mortality using lottery prizes as exogenous source of variation in income

Lindahl, Mikael - 2002

A vast literature has established a strong positive association of income with health status and a negative association with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation that is due to a truly exogenous factor: the monetary...

Persistent link: https://www.econbiz.de/10011406688

Are employees better off in socially responsible firms?

Tamm, Katrin; Eamets, Raul; Mõtsmees, Pille - 2010

The growing awareness of the issue of corporate social responsibility (CSR) has raised the questions about how responsible behavior of firms would impact employees' well-being. This paper investigates the link between corporate social responsibility and job satisfaction, which is a more widely...

Persistent link: https://www.econbiz.de/10009315293

Gambling habits and probability judgements in a Bayesian task environment

Dickinson, David L.; Reid, Parker - 2023

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

Persistent link: https://www.econbiz.de/10014311967

Culture of trust and division of labor

Meier, Stephan; Stephenson, Matthew - 2015

Firms exhibit heterogeneity in size, productivity, and internal structure, and this is true even within the same industry. It has been thought since the time of Adam Smith that a firm's internal structure affects its productivity through the channel of gains from specialization. Our paper...

Persistent link: https://www.econbiz.de/10010509965

The interplay between organizational structure, culture and employees' socio-emotional skills within their social capital

Koohborfardhaghighi, Somayeh; Altmann, Jörn; Heshmati, … - 2022

Organization theorists identify organizational social capital as one of the primary building blocks of a potentially powerful resource for improving organizational performance. However, little is known about the impact of the socio-emotional skills of the employees within their social capital...

Persistent link: https://www.econbiz.de/10013209747

Money and mental wellbeing : a longitudinal study of medium-sized lottery wins

Gardner, Jonathan (contributor); … - 2006

One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between Đ1000 and Đ120,000 (that is, up to approximately U.S. $200,000). When compared to...

Persistent link: https://www.econbiz.de/10003355562

Competing approaches to forecasting elections : economic models, opinion polling and prediction markets

Leigh, Andrew (contributor); Wolfers, Justin (contributor) - 2006

We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This...

Persistent link: https://www.econbiz.de/10003334619

Winning big but feeling no better? : the effect of lottery prizes on physical and mental health

Apouey, Bénédicte; Clark, Andrew E. - 2010

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes: general health status, mental health, physical health problems, and health behaviors (drinking and smoking). Lottery winnings allow us to make causal statements regarding the effect...

Persistent link: https://www.econbiz.de/10003937887

Explaining the favorite-longshot bias : is it risk-love or misperceptions?

Snowberg, Erik; Wolfers, Justin - 2010

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning – longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...

Persistent link: https://www.econbiz.de/10003958768

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