Journal ArticleDOI
Board Composition and Corporate Social Responsibility: An Empirical Investigation in the Post Sarbanes-Oxley Era
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In this paper, the authors examined the effect of board composition on corporate social responsibility (CSR) performance in the period following the enactment of the Sarbanes-Oxley Act of 2002 (SOX).Abstract:
Although the composition of the board of directors has important implications for different aspects of firm performance, prior studies tend to focus on financial performance. The effects of board composition on corporate social responsibility (CSR) performance remain an under-researched area, particularly in the period following the enactment of the Sarbanes-Oxley Act of 2002 (SOX). This article specifically examines two important aspects of board composition (i.e., the presence of outside directors and the presence of women directors) and their relationship with CSR performance in the Post-SOX era. With data covering over 500 of the largest companies listed on the U.S. stock exchanges and spanning 64 different industries, we find empirical evidence showing that greater presence of outside and women directors is linked to better CSR performance within a firm’s industry. Treating CSR performance as the reflection of a firm’s moral legitimacy, our study suggests that deliberate structuring of corporate boards may be an effective approach to enhance a firm’s moral legitimacy.read more
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Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project
TL;DR: In this paper, the effect of female representation on the board of directors on corporate response to stakeholders' demands for increased public reporting about climate change-related risks is investigated based on the Carbon Disclosure Project as a sustainability initiative supported by institutional investors.
Journal ArticleDOI
Diversity of Board of Directors and Environmental Social Governance: Evidence from Italian Listed Companies
TL;DR: In this article, the association between ESG disclosure and diversity of the board of directors in Italian listed companies was investigated, and the results indicated that firm's CSR disclosure is associated with independent director and committee CSR.
Journal ArticleDOI
Looking Inside the Black Box: The Effect of Corporate Governance on Corporate Social Responsibility
Tanusree Jain,Dima Jamali +1 more
TL;DR: A systematic multi-level review of recent literature to evaluate the impact of corporate governance mechanisms (CG) at the institutional, firm, group, and individual levels on firm level corporate social responsibility (CSR) outcomes is provided in this article.
Journal ArticleDOI
Corporate Social Responsibility in China: A Corporate Governance Approach
TL;DR: In this article, the effects of corporate governance mechanisms on CSR performance in an emerging economy, China were examined using data gathered from 471 firms in China and empirical findings supported the hypothesized relationships.
Journal ArticleDOI
Environmental, Social and Governance (ESG) Scores and Financial Performance of Multilatinas: Moderating Effects of Geographic International Diversification and Financial Slack
TL;DR: In this article, the authors examined whether a firm's financial performance is associated with superior environmental, social and governance (ESG) scores in emerging markets of multinationals in Latin America.
References
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Journal ArticleDOI
Multivariate Data Analysis
TL;DR: In this paper, a six-step framework for organizing and discussing multivariate data analysis techniques with flowcharts for each is presented, focusing on the use of each technique, rather than its mathematical derivation.
Journal ArticleDOI
Multivariate data analysis
TL;DR: This chapter discusses Structural Equation Modeling: An Introduction, and SEM: Confirmatory Factor Analysis, and Testing A Structural Model, which shows how the model can be modified for different data types.
Journal ArticleDOI
Managing Legitimacy: Strategic and Institutional Approaches
TL;DR: This article synthesize the large but diverse literature on organizational legitimacy, highlighting similarities and disparities among the leading strategic and institutional approaches, and identify three primary forms of legitimacy: pragmatic, based on audience self-interest; moral, based upon normative approval; and cognitive, according to comprehensibility and taken-for-grantedness.
Book
The External Control of Organizations: A Resource Dependence Perspective
TL;DR: The External Control of Organizations as discussed by the authors explores how external constraints affect organizations and provides insights for designing and managing organizations to mitigate these constraints, and it is the fact of the organization's dependence on the environment that makes the external constraint and control of organizational behavior both possible and almost inevitable.