Working Paper
On the Foundations of Corporate Social Responsibility
A firm's corporate social responsibility (CSR) practice and its country's legal origin are strongly correlated. This relation is valid for various CSR...
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Post-Crisis Corporate Culture and Governance in Banking
This paper provides a brief assessment of how ethics, culture and corporate governance have evolved in banking since the financial crisis. It concludes...
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Putting Integrity into Finance: A Purely Positive Approach
The seemingly never ending scandals in the world of finance with their damaging effects on value and human welfare argue strongly for an addition to the...
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Creative Corporate Culture and Innovation
We define creative companies by means of the Competing Value Framework, and we identify them by means of textual analysis. We show that a creative...
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Culture and Firms
We study how societal culture shapes business activities and corporate behavior by leveraging data on the locations of Confucian schools in Ancient...
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Limited managerial attention and corporate aging
As firms have more assets in place, more of management?s limited attention is focused on managing assets in place rather than developing new growth...
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Corporate donations and shareholder value
Do corporate donations enhance shareholder wealth or reflect agency problems? We address this question for a global sample of firms whereby we...
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Corporate Governing: Promises and Risks of Corporations as Socio-Economic Reformers
Corporations are involved in public affairs: racial equity, women’s rights, LGBTQIA rights, climate efforts are just a few examples of an...
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Six Components of Corporate Governance that Cannot Be Ignored
Recent regulatory initiatives that attempt to encourage shareholder engagement, ensure board independence and improve the operation and...
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