Socially responsible firms
In the corporate finance tradition starting with Berle & Means (1923), corporations should generally be run so as to maximize shareholder value. The agency view of corporate social responsibility (CSR) considers CSR as an agency problem and a waste of corporate resources. Given our identificatio...
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Main Authors: | FERRELL, Allen, Hao LIANG, RENNEBOOG, Luc |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2016
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/4962 https://ink.library.smu.edu.sg/context/lkcsb_research/article/5961/viewcontent/880271.pdf |
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Institution: | Singapore Management University |
Language: | English |
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