Corporate International Diversification and Corporate Social Responsibility: Evidence from Korean Firms

Board Diversity and Corporate Social Responsibility: Evidence from Iranian Firms

According to agency theory, board of directors plays an important monitoring role in reducing information asymmetry and increasing the transparency of financial statements and social responsibility. This research is concerned with examining board diversity and social responsibility of the firms listed on the Tehran Stock Exchange during the years 2011-2015. To do so, a sample of 98 firms was se...

Corporate Social Responsibility: International Perspectives

Corporate Social Responsibility for International Business

The recent proliferation of corporate social responsibility (CSR) codes and standards has been matched only by the boom in writings on the subject. This paper will focus mainly on the interaction between these codes and formal legal requirements, at national and international levels. It starts from the perspective that the recent spate of voluntary corporate codes for TNCs must be understood in...

Does Corporate Social Responsibility Reduce Information Asymmetry? Evidence from Research and Development Intensive Firms

In this study, we empirically investigate about the validity of using a corporate social responsibility (CSR) index as a role of reduction of information asymmetry in research and development (R&D) intensive firms. Employing a comprehensive sample of U.S. firms that engaged with CSR during the 1991-2015 period, we find that overall CSR index, which is consisted of equally weighted seven dimensi...

Understanding the “Corporate” in Corporate Social Responsibility

As progressives confront the problems of the twenty-first century, be they global poverty and increasing income inequality, the scourge of HIV and other diseases, educational disparities, or climate change, an increasingly popular strategy is to enlist corporations in the effort. Even as some progressives continue to launch attacks on corporate misbehavior, often excoriating corporations for ca...