In this paper, we investigate whether a firm's Corporate Social Responsibility initiatives could affect its financial performance. We specifically investigate the firm's capital allocation efficiency as a moderating channel affecting their performance. We employ a comprehensive sample of...

This study seeks to disentangle the human capital and the social capital of directors to improve our understanding of the value that directors bring to their boardroom. Employing social network analysis (SNA) to measure the social capital of directors and using a unique and comprehensive sample...