) intensity, on shareholder wealth when mergers and acquisitions (M&As) are carried out by managers with different traits. We find … acquiring firms with talented managers are more inclined to engage in CSR activities to shape corporate social culture, thereby … CSR commitment led by talented managers tend to acquire targets of similar corporate social culture and experience …

We study whether firm managers’ physical appearance affects their decisions on corporate philanthropy. Examining a … large sample of corporate donations matched with managers’ attractiveness data, we find that male managers’ motivations for … philanthropic giving are driven by their physical attractiveness. In contrast to managers with average looks, attractive managers do …

errant top managers, or both …