Corporate Social Irresponsibility and Executive Succession: An Empirical Examination

Chiu, Shih-Chi; Sharfman, Mark P.

doi:10.1007/s10551-016-3089-7

Cited by 70 publications

(42 citation statements)

References 76 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Though a recent study has found a positive relationship between corporate irresponsibility and executive turnover (Chiu & Sharfman, 2018) but neglected to conclude the influence CEOs succession via HOD on CSR. Moreover, some literature reveals that the specific attributes (like CEO tenure, education, and demographic characteristics) are a catalyst for accelerating CSR performance (Huang, 2013).…”

Section: Theoretical Developmentmentioning

confidence: 97%

“…Though it has already been examined that firms' growth is elevated by adopting corporate social responsibilities measures (Harjoto & Jo, 2011; Tang, Hull, & Rothenberg, 2012) but the impact of CEO succession on corporate social responsibility has yet needed comprehensive contemplation. Though a recent study has found a positive relationship between corporate irresponsibility and executive turnover (Chiu & Sharfman, 2018) but neglected to conclude the influence CEOs succession via HOD on CSR. Moreover, some literature reveals that the specific attributes (like CEO tenure, education, and demographic characteristics) are a catalyst for accelerating CSR performance (Huang, 2013).…”

Section: Theoretical Developmentmentioning

confidence: 99%

See 1 more Smart Citation

Demonstrating the interconnection of hierarchical order disturbances in CEO succession with corporate social responsibility and environmental sustainability

Sarfraz

Shah

Fareed

et al. 2020

Corp Soc Responsibility Env

View full text Add to dashboard Cite

This study contemplates the negative interconnection between hierarchical order disturbance in chief executive officer succession and corporate social responsibility. The study contributes while formulating corporate social responsibility ratio index, hierarchical order disturbances, and hierarchical order disturbance intensity. Significantly, corporate social responsibility index has been formulated through demonstrating 13 attributes constituting the GRI sustainable and environmental sustainable development reports. We have analyzed the data of 2,644 listed firms for the years 2014-2018. 2SLS instrumental regression and GMM techniques have been executed for confirmation of the authenticity of the results. Empirical results enunciate that incumbent chief executive officers via hierarchical order disturbance having technical education are more orientated toward corporate social responsibility activities. It has been evaluated that medium and high hierarchical order disturbance and intensity in chief executive officers succession influence the corporate social responsibility activity negatively. Specifically, firms having large number of employees prefer to adopt activity. Conclusively, the role of independent directors has been contemplated as moderators while orientating the novel successor toward corporate social responsibility activity.

show abstract

Section: Theoretical Developmentmentioning

confidence: 97%

Section: Theoretical Developmentmentioning

confidence: 99%

Demonstrating the interconnection of hierarchical order disturbances in CEO succession with corporate social responsibility and environmental sustainability

Sarfraz

Shah

Fareed

et al. 2020

Corp Soc Responsibility Env

View full text Add to dashboard Cite

show abstract

“…This behavior appears to be more intensified when the firm is big enough and, thus, has high visibility [13]. Also, CSR may act as an insurance scheme for managers by mitigating the external shock or protecting the managers' dominance [3,14,15]. Thus, advertisement of CSR activities can fit in well with the founding families' demands to justify their controls over the firms and may be a reasonable choice to maintain their dominance.…”

Section: Introductionmentioning

confidence: 99%

Voluntary Disclosure and Market Valuation of Sustainability Reports in Korea: The Case of Chaebols

Lee

Cho

2019

Sustainability

View full text Add to dashboard Cite

This paper investigates whether chaebol firms tend to issue corporate social responsibility (CSR) reports more than non-chaebol firms. Based on previous studies documenting chaebols’ tunneling activities at the expense of other shareholders, we anticipate that chaebol firms are more likely to voluntarily disclose their CSR reports even if investors may discount their values because CSR disclosure is an effective means of window dressing. The empirical results support our expectations. We find that chaebol firms are more likely to disclose CSR reports and a chaebol firm’s CSR report disclosure is less evaluated than a non-chaebol firm in the capital market. The result indicates that even if CSR report disclosure may have positive effect on firm value in general, investors may discount the value of chaebol firms’ CSR reports.

show abstract

“…While poor firm performance is positively related to CEO dismissal, other firm characteristics may affect the performance-dismissal relationship. Positive firm signals (e.g., engagement in corporate social responsibility) are attributed to the quality of leadership provided by CEOs and can insulate them from dismissal (Chen, Zhou, & Zhu, 2019; Chiu & Sharfman, 2018; Hubbard, Christensen, & Graffin, 2017). In contrast, negative firm signals (e.g., high leverage) weaken the CEO’s ability to resist calls for dismissal (Marshall, McCann, & McColgan, 2014).…”

Section: Ceo Dismissal In the Literature: Where Are We?mentioning

confidence: 99%

Chief Executive Officer Dismissal: A Multidisciplinary Integration and Critical Analysis

Berns

Gupta

Schnatterly

et al. 2021

Group & Organization Management

View full text Add to dashboard Cite

Dismissal (or involuntary exit) of the chief executive officer (CEO) is a significant milestone with substantial implications for organizations and their members. The growing occurrence of CEO dismissals, and increased academic interest in this area, motivates our comprehensive multidisciplinary synthesis of the extant literature. Our analysis is organized around understanding the antecedents and outcomes of CEO dismissal, and the relevant moderators that play a contingent role in the nomological network. Based on our synthesis of the extant cross-disciplinary literature, we offer a multilevel organizing framework articulating the current state of research on CEO dismissal. In doing so, we catalog and analyze the concepts, theories, and constructs prevalent in the CEO dismissal literature. We also offer an in-depth discussion for the field going forward and identify a constructive agenda for future research on CEO dismissal.

show abstract

Corporate Social Irresponsibility and Executive Succession: An Empirical Examination

Cited by 70 publications

References 76 publications

Demonstrating the interconnection of hierarchical order disturbances in CEO succession with corporate social responsibility and environmental sustainability

Demonstrating the interconnection of hierarchical order disturbances in CEO succession with corporate social responsibility and environmental sustainability

Voluntary Disclosure and Market Valuation of Sustainability Reports in Korea: The Case of Chaebols

Chief Executive Officer Dismissal: A Multidisciplinary Integration and Critical Analysis

Contact Info

Product

Resources

About