Corporate social responsibility and myopic management practice: Is there a link?

• Main Authors: DING, Kuan Yong David, FERREIRA, C., NGO, Vu Minh, NGUYEN, Phuc V., WONGCHOTI, U.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: CSR; Corporate myopia; Discretionary investment; Earnings quality; Finance
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7343
• Institution: Singapore Management University

A Corporate Social Responsibility (CSR)-myopic firm is one that experiences greater-than-normal operating profits but scores worse in its CSR ‘strength’ or ‘concern’ rankings than is normally expected during the same year. We show that myopic behavior in CSR concerns (strengths) are positively (nega...