Jiraporn, P.; Chintrakarn, P. - In: Economics Letters 119 (2013) 3, pp. 344-347
We explore how powerful CEOs view investments in corporate social responsibility (CSR). The agency view suggests that … CEOs invest in CSR to enhance their own private benefits. On the contrary, the conflict resolution view argues that CSR … measure CEO power, we show that the association between CEO power and CSR is non-monotonic. When the CEO is relatively less …
