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In the corporate finance tradition starting with Berle & Means (1923), corporations should generally be run so as to maximize shareholder value. The agency view of corporate social responsibility (CSR) generally considers CSR as a managerial agency problem and a waste of corporate resources,...
Persistent link: https://www.econbiz.de/10013050035
In the corporate finance tradition starting with Berle & Means (1923), corporations should generally be run so as to maximize shareholder value. The agency view of corporate social responsibility (CSR) generally considers CSR as a managerial agency problem and a waste of corporate resources,...
Persistent link: https://www.econbiz.de/10011093105
In the corporate finance tradition starting with Berle & Means (1923), corporations should generally be run so as to maximize shareholder value. The agency view of corporate social responsibility (CSR) generally considers CSR as a managerial agency problem and a waste of corporate resources,...
Persistent link: https://www.econbiz.de/10011092285
Corporate Social Responsibility (CSR) refers to the incorporation of Environmental, Social, and Governance (ESG) considerations into corporate management, financial decision making, and investors' portfolio decisions. Socially responsible firms are expected to internalize the externalities (e.g....
Persistent link: https://www.econbiz.de/10012822550
between shareholder and stakeholder values. Using public and proprietary country-level sustainability and firm-level CSR data … CSR and sustainability the least, while companies under the civil law origin assume most social responsibilities; (c …
Persistent link: https://www.econbiz.de/10011119925
sustainability, and document strong correlations between country-level sustainability ratings and various extensive firm-level CSR … institutions – democratic rules and constraints to political executives – are not preconditions for CSR and sustainability, and …
Persistent link: https://www.econbiz.de/10011115329
We define creative companies by means of the Competing Value Framework, and we identify them by means of textual analysis. We show that a creative corporate culture is an important driver of innovation, as measured by the number of patents a firm files for as well as the patents' importance...
Persistent link: https://www.econbiz.de/10012908520
We define creative companies by means of the Competing Value Framework, and we identify them by means of textual analysis. We show that a creative corporate culture is an important driver of innovation, as measured by the number of patents a firm files for as well as the patents' importance...
Persistent link: https://www.econbiz.de/10012896553
In the corporate finance tradition, starting with Berle and Means (1932), corporations should generally be run to maximize shareholder value. The agency view of corporate social responsibility (CSR) considers CSR an agency problem and a waste of corporate resources. Given our identification...
Persistent link: https://www.econbiz.de/10013006200
A firm's corporate social responsibility (CSR) practice and its country's legal origin are strongly correlated. This relation is valid for various CSR ratings coming from several large datasets that comprise more than 23,000 large companies from 114 countries. We find that CSR is more strongly...
Persistent link: https://www.econbiz.de/10013006959