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François Brouard Merridee Bujaki Sylvain Durocher Leighann C. Neilson 《Journal of Business Ethics》2017,140(2):225-242
Previous studies in Western contexts have examined the relationships between various board characteristics and CSR, yet the relationships need to be re-examined in non-Western contexts given differential theoretical premises across contexts. We specifically propose that the effects of board characteristics on CSR in Korea should be patterned distinctively from Western-based existing literature, focusing on three important board characteristics, such as a board’s independence, social ties, and diversity. Using a panel dataset from large Korean firms, we found that various relationships between board characteristics and CSR were non-linear, whereas most of the previous research on Western contexts found that the same relationships were linear. Specifically, curvilinear relationships were found between CSR and board independence (i.e., exponentially growing shape), CEO-outside director social ties (i.e., inverted U-shape), and educational diversity (i.e., U-shape). Our findings suggest that there is no universal feature of CSR-supportive board characteristics due to the unique characteristics of various institutional contexts. 相似文献
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Using extensive hand-collected retail gas prices, I show that there was no price gouging in Bryan/College Station during Hurricane Rita. Instead, the retail price markup dropped by twelve cents during the hurricane, despite most stations running out of gas. 相似文献
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