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can use each approach to differentially influence managers to make more CSR investments. The paper uses game theory with … an all-pay contest structure to model how a large institutional investor could reward firms for CSR activities by …). We identify conditions under which the punishment contest induces a higher level of CSR activity among firms compared to …
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Despite the increasing inclusion of ethics and compliance issues in corporate training, the business world remains rife with breaches of responsible management conduct. This situation indicates a knowledge–practice gap among professionals, i.e., a discrepancy between their knowledge of...
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