Motivated to be socially responsible? CEO regulatory focus, firm performance, and corporate social responsibility

被引：3

作者：

Liang, Jian ^{[1
]}

Jain, Ameeta ^{[2
]}

Newman, Alexander ^{[3
]}

Mount, Matthew P. ^{[4
]}

Kim, Jooyoung ^{[5
]}

机构：

[1] Queensland Univ Technol, Sch Econ & Finance, Brisbane 4000, Australia

[2] Deakin Univ, Dept Finance, Melbourne 3125, Australia

[3] Univ Melbourne, Melbourne Business Sch, Melbourne 3010, Australia

[4] Univ Adelaide, Adelaide Business Sch, Adelaide 5005, Australia

[5] Deakin Univ, Dept Management, Melbourne, 3010, Australia

来源：

JOURNAL OF BUSINESS RESEARCH | 2024年 / 176卷

关键词：

Corporate social responsibility; Corporate financial performance; Regulatory focus; Behavioral theory of the firm; RISK-TAKING; MODERATING ROLE; CSR DISCLOSURE; PREVENTION; PROMOTION; NARCISSISM; DECISION; FEEDBACK; HUBRIS;

D O I：

10.1016/j.jbusres.2024.114578

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the interactive effect of CEOs' regulatory focus and corporate financial performance (CFP) on the firm's corporate social responsibility (CSR). While prior research has examined the influence of CEOs' psychological attributes on CSR, less attention has been devoted to understanding how the firms' CFP impacts this relationship. Drawing on regulatory focus theory and the behavioral theory of the firm, we integrate these CEO -level and organizational -level mechanisms into an overarching theoretical framework that explains when and how CEOs are motivated to engage in CSR. We propose that promotion -focused (prevention -focused) CEOs will engage in CSR when CFP is above (below) aspirations but disengage from CSR when CFP is below (above) aspirations. We find partial support for these hypotheses using a sample of 1,250 U.S. firms.

引用

页数：14

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