Socially responsible firms

In the corporate finance tradition, starting with Berle and Means (1932), corporations should generally be run to maximize shareholder value. The agency view of corporate social responsibility (CSR) considers CSR an agency problem and a waste of corporate resources. Given our identification strategy...

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Bibliographic Details
Main Authors: FERRELL, Allen, Hao LIANG, RENNEBOOG, Luc
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5004
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6003/viewcontent/SociallyResponsibleFirms_JFE_final.pdf
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Institution: Singapore Management University
Language: English
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