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Impact of directors' networks on corporate social responsibility: A cross country study

机译:董事网络对企业社会责任的影响:跨国研究

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摘要

We investigate the impact of directors' networks on corporate social responsibility (CSR) activities by using an unbalanced panel data of 2023 publicly listed firms from 17 countries during 2003-2018. Drawing on network theory, stakeholder theory, and institutional theory, we find that directors' networks is positively related to their decision of CSR activities. Additionally, we find a positive relation between directors' networks and CSR during financial crises. Our results still hold after a set of sensitivity tests. The findings in our study expand the academic literature related to directors' networks and CSR activities, and assist policymakers and investors in under-standing the importance of directors' networks as determining factor of CSR policies.
机译:我们调查董事网络对企业社会责任(CSR)活动的影响,通过2003 - 2018年在17个国家的公开上市公司的不平衡面板数据上。绘制网络理论,利益相关者理论和制度理论,我们发现董事网络与其CSR活动的决定正相关。此外,我们在金融危机期间发现董事网络和CSR之间的积极关系。我们的结果仍然在一套灵敏度测试后持有。我们研究中的研究结果扩大了与董事网络和企业社会责任活动相关的学术文献,并协助政策制定者和投资者在董事网络的重要性中,作为CSR政策的决定因素。

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