> Details

Lei, Zicheng [Author]; Petmezas, Dimitris [Author]; Rau, P. Raghavendra [Author]; Yang, Chen [Author]

Local Boy Does Good

Reference
management

Bookmarks

Remove from
bookmarks

Share this on Whatsapp

Close

Bookmarks



You can manage bookmarks using lists, please log in to your user account for this.
  • Media type: E-Book
  • Title: Local Boy Does Good : CEO Birthplace Identity and Corporate Social Responsibility
  • Contributor: Lei, Zicheng [Author]; Petmezas, Dimitris [Author]; Rau, P. Raghavendra [Author]; Yang, Chen [Author]
  • Published: [S.l.]: SSRN, [2021]
  • Extent: 1 Online-Ressource (67 p)
  • Language: English
  • DOI: 10.2139/ssrn.3718687
  • Identifier:
  • Keywords: Corporate Social Responsibility (CSR) ; CEOs ; Home Bias ; Trust ; Social Identity ; Firm Value
  • Origination:
  • Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 13, 2021 erstellt
  • Description: We examine how CEO birthplace identity affects firm corporate social responsibility (CSR)activities. CEOs heading firms located in their home birth counties are associated with higherlevels of CSR. The relation is more pronounced for CEOs with deeper home connections.Importantly, CSR activities by home CEOs are associated with significant increases in firm valuerelative to non-home CEOs. Additionally, home CEOs do not appear to extract private benefits,either directly or indirectly, from these activities. Overall, our results suggest that engaging in CSRwill not necessarily increase levels of social trust and firm value. The place identity of the CEOalso matters
  • Access State: Open Access