دانلود مقاله ISI انگلیسی شماره 41414
ترجمه فارسی عنوان مقاله

مسئولیت اجتماعی شرکت ها و حاکمیت ذینفعان در سراسر جهان

عنوان انگلیسی
Corporate social responsibility and stakeholder governance around the world ☆
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
41414 2015 28 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Global Finance Journal, Volume 27, July 2015, Pages 18–45

ترجمه کلمات کلیدی
مسئولیت اجتماعی شرکت ها - حکومت ذینفعان - حکومت هیئت مدیره - حل تعارض - لازمه مدیریت
کلمات کلیدی انگلیسی
Corporate social responsibility; Stakeholder governance; Board governance; Conflict resolution; Management perquisiteG30; G34
پیش نمایش مقاله
پیش نمایش مقاله  مسئولیت اجتماعی شرکت ها و حاکمیت ذینفعان در سراسر جهان

چکیده انگلیسی

In this paper, we examine the impact of stakeholder governance on corporate social responsibility (CSR) around the world to determine whether CSR is employed as a mechanism to mitigate conflicts of interest between managers and diverse stakeholders, or used as managerial perquisites. To examine this relation properly, we not only employ a large and extensive sample of international firms, but also control for endogeneity by using dynamic panel generalized method of moments (GMM), propensity score matching, and difference-in-difference approach. Our results suggest that stakeholder governance positively influences firms’ CSR engagement with a greater magnitude than board governance after controlling for endogeneity and other confounding factors of traditional corporate governance mechanisms, firm characteristics and national factors. Stakeholders’ influence in CSR engagement is more prevalent when investor protections and board governance are relatively weak.