巨头们兑现了ESG承诺吗？社会认可和负责任的企业决策

IF 4.5 2区管理学 Q1 BUSINESS

British Journal of Management Pub Date : 2024-11-07 DOI:10.1111/1467-8551.12876

Hisham Farag, Santosh Koirala, Di Luo, Sandeep Rao

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引用次数: 0

摘要

杰出的社会认可可以影响企业决策者采取负责任的行动。我们利用英国公司董事会成员的这种独特的社会学属性，并研究了荣誉头衔对公司环境、社会和治理（ESG）绩效的影响。利用2002年至2020年英国上市公司董事会成员的贵族头衔和荣誉头衔，我们证明了董事会成员拥有荣誉头衔的公司与更高的ESG绩效相关。我们还记录了头衔持有者对其他董事会成员的积极传染效应，这有助于公司的ESG绩效。我们的研究结果与资源依赖理论、上层社会和同伴效应假设相一致，并强调了社会认可在塑造企业可持续发展决策中的重要性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Do Titans Deliver the ESG Promise? Societal Recognition and Responsible Corporate Decisions

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Do Titans Deliver the ESG Promise? Societal Recognition and Responsible Corporate Decisions

Distinguished societal recognition can influence corporate decision-makers to act responsibly. We exploit this unique sociological attribute of UK firm board members and examine the impact of honorary titles on the firm's environmental, social and governance (ESG) performances. Using the peerage and honorific titles of board members of public UK firms from 2002 to 2020, we demonstrate that firms wherein board members have a title of honour are associated with higher ESG performance. We also document a positive contagion effect of titleholders on other board members, which contributes to firms’ ESG performance. Our findings align with theories of resource dependence, upper echelons and peer effects postulations and highlight the importance of societal recognition in shaping corporate decisions towards sustainability.

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来源期刊

British Journal of Management Multiple-

CiteScore

10.00

自引率

12.50%

发文量

期刊介绍： The British Journal of Management provides a valuable outlet for research and scholarship on management-orientated themes and topics. It publishes articles of a multi-disciplinary and interdisciplinary nature as well as empirical research from within traditional disciplines and managerial functions. With contributions from around the globe, the journal includes articles across the full range of business and management disciplines. A subscription to British Journal of Management includes International Journal of Management Reviews, also published on behalf of the British Academy of Management.