(CSR) and firm’s performance nexus. The proposed model explains how, the positive association between CSR and firm …, based on the agency theory, institutional investors (as a homogeneous group) positively moderates the CSR and firm … in the sustainable CSR and firm performance relationship. The current study explored some of the major theoretical …

ownership drives firms’ CSR improvements. Further, the positive effect of FIO on CSR is motivated by social norms, not by profit … maximization. We also provide evidence that this effect of FIO on CSR is more pronounced among firms with fewer political … destination markets and thus demonstrably motivate CSR performance there …