their responsible workers, and in turn engage in CSR through self-regulation, provided that regulatory oversight is poor … enough - and hence regulation is loose enough - to make self-regulation worthwhile. The key prediction of the model is a …

We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our … attenuated through government regulation, which is set endogenously and may or may not be socially optimal. Governments may … choose suboptimal levels of regulation if they face lobbying pressure from companies. Companies can, in turn, hire socially …

-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …

actual sign of the marginal effect of regulation on risk varies with ownership concentration. These findings have important … policy implications as they imply that the same regulation will have different effects on bank risk taking depending on the …