Showing 1 - 10 of 165
Persistent link: https://www.econbiz.de/10012204455
Persistent link: https://www.econbiz.de/10014246085
Persistent link: https://www.econbiz.de/10013406978
Persistent link: https://www.econbiz.de/10010197696
Persistent link: https://www.econbiz.de/10013274439
Persistent link: https://www.econbiz.de/10011483665
Persistent link: https://www.econbiz.de/10012627771
We explore the effect of board independence on CSR investments during a stressful time, i.e. during the Great Recession …. Our results show that independent directors exhibit an unfavorable view of CSR investments during the crisis. Stronger … board independence leads to a significant reduction in CSR. In particular, a rise in board independence by one standard …
Persistent link: https://www.econbiz.de/10012825484
(CSR), using the governance standards provided by the Institutional Shareholder Services (ISS). Our evidence reveals that … firms with more effective governance make significantly less investments in CSR. It appears that managers tend to over …-invest in CSR and are forced to reduce CSR investments when corporate governance is more effective. In particular, an …
Persistent link: https://www.econbiz.de/10013009777
We investigate the effect of political risk on shareholder value, using an event study and a novel measure of firm-level political risk recently developed by Hassan et al. (2019). We exploit the guilty plea of Jack Abramoff, a well-known lobbyist, on January 3, 2006, as an exogenous shock that...
Persistent link: https://www.econbiz.de/10012836597