主 题：Authoritarian Rule and Corporate Social Performance
主讲人: 吕文珍教授
时 间：2019-03-26 10:00
地 点：明德商学楼1008室
语 言：中、英文
To explain corporate social performance (CSP) activities across emerging economies, we draw on recent research regarding institutional differences among political regimes. We argue that whether a country possesses a heterogeneous legislature will influence firms’ CSP because: (1) it influences the scope of private agreements that firms can strike with other stakeholders; and (2) it is related to the extent of state ownership of the corporate sector which influences CSP. We therefore predict CSP will be lowest for firms located in non-competitive authoritarian regimes followed by semi-competitive authoritarian regimes and then democracies. Using a sample of 21,505 firm-year observations representing 2,484 unique firms from 54 countries over the period 2002–2014, we find support for our argument.
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