Purpose: Viewing consumer confidence as a set of static factors has informed previous research and underpinned strategies used in recovering from food safety quality failures, but this approach has not delivered reliable and quick recovery from large-scale food safety scandals. The purpose of...

We examine the effect of CEO inside debt on corporate social responsibility (CSR). We document a positive relation between CEO inside debt and CSR. This positive relation is attenuated not only when firms face high risk, but also when firms have high short-term institutional ownership. Our...

Whether executive compensation practices reflect optimal contracting or managerial power is one of the most fundamental and controversial topics in compensation and governance research. We shed light on this central issue by being the first to study the role of independent directors in adjusting...