企业社会责任委员会特征在研发投资中的作用

IF 5.9 1区 管理学 Q1 BUSINESS
Gianluca Ginesti , Domenico Campa , Rosanna Spano’ , Alessandra Allini , Marco Maffei
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引用次数: 0

摘要

我们研究了企业社会责任(CSR)委员会对研发(r&d)投资的影响。通过一个独特的欧洲上市公司样本,我们为当前的学术和政策辩论提供了三个关键结果。首先,我们证明了拥有企业社会责任委员会的公司表现出较低的研发投资水平。其次,我们发现CEO或董事长的CSR委员会成员与研发投资的增加有关。最后,我们提供的证据表明,企业社会责任委员会由女性董事担任主席的企业表现出更高的研发投资。这些结果对学者、投资者和政策制定者都很重要,因为它们揭示了企业社会责任董事会委员会对企业成果的影响,而不仅仅是对社会绩效和/或可持续性披露的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The role of CSR committee characteristics on R&D investments

We investigate the impact of corporate social responsibility (CSR) committees on research and development (R&D) investments. Using a unique sample of European listed companies, we offer three key results to the current academic and policy debate. First, we document that firms with a CSR committee exhibit lower levels of R&D investments. Second, we find that the CSR committee membership of either the CEO or chairman is associated with an increase in R&D investments. Finally, we provide evidence that firms whose CSR committees are chaired by a female director exhibit higher R&D investments. These results are of importance for academics, investors, and policy makers, since they shed light on the effect of CSR board committees on corporate outcomes, beyond their impact on social performance and/or sustainability disclosure.

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来源期刊
CiteScore
14.10
自引率
6.90%
发文量
95
审稿时长
62 days
期刊介绍: The International Business Review (IBR) stands as a premier international journal within the realm of international business and proudly serves as the official publication of the European International Business Academy (EIBA). This esteemed journal publishes original and insightful papers addressing the theory and practice of international business, encompassing a broad spectrum of topics such as firms' internationalization strategies, cross-border management of operations, and comparative studies of business environments across different countries. In essence, IBR is dedicated to disseminating research that informs the international operations of firms, whether they are SMEs or large MNEs, and guides the actions of policymakers in both home and host countries. The journal warmly welcomes conceptual papers, empirical studies, and review articles, fostering contributions from various disciplines including strategy, finance, management, marketing, economics, HRM, and organizational studies. IBR embraces methodological diversity, with equal openness to papers utilizing quantitative, qualitative, or mixed-method approaches.
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