Multinational Corporation Codes of Conduct: Governance Tools for Corporate Social Responsibility?

Corporate Governance and Executive Compensation for Corporate Social Responsibility

We link the corporate governance literature in financial economics to the agency cost perspective of Corporate Social Responsibility (CSR) to derive theoretical predictions about the relationship between corporate governance and the existence of executive compensation incentives for CSR. We test our predictions using novel executive compensation contract data, and find that firms with more shar...

Idiosyncratic Risk and Disclosure of Corporate Social Responsibility: Emphasizing the Role of Corporate Governance

In this study, the impact of corporate social responsibility (CSR ) disclosure on idiosyncratic risk has been investigated concerning three stakeholder theory, information asymmetry, and risk management. It also goes further and explores the impact of some corporate governance mechanisms such as ownership structure, board characteristics, and incentive contracts on this relationship. To achieve...

Relationship between Corporate Social Responsibility and Corporate Governance

Achieving Social Responsibility through Corporate Strategy: a Matter of Governance

A heightened interest in the concept of corporate social responsibility has arisen in Australia. This has occurred within the context of tax incentives for companies to form partnerships with communities and the leaders of Australian companies acknowledging their firms must take a responsible approach in their business activities. There is public dissatisfaction with corporate Australia over in...

" Corporate Social Responsibility: a Myth? the Example of the " round Table Codes of Conduct " in Germany " Corporate Social Responsibility: a Myth? the Example of the " round Table Codes of Conduct " in Germany

This paper is concerned with why and how multinational companies (MNCs) voluntarily engage in Corporate Social Responsibility (CSR), especially in social standards. The first part describes the prevailing perspectives on the CSR debate. Then, with the New Institutionalism in Sociology, an alternative view on CSR is discussed. The third part develops the argument that the ‘traditional’ rational ...