How do independent directors view corporate social responsibility (CSR)? Evidence from a quasi-natural experiment

• Main Authors: Pandej Chintrakarn, Pornsit Jiraporn, Shenghui Tong, Napatsorn Jiraporn, Richard Proctor
• Other Authors: Penn State Great Valley
• Format: Article
• Published: 2020
• Subjects: Economics, Econometrics and Finance
• Online Access: https://repository.li.mahidol.ac.th/handle/123456789/57872
• Institution: Mahidol University

© 2020 The Eastern Finance Association We investigate how independent directors view corporate social responsibility (CSR). Exploiting the passage of the Sarbanes-Oxley (SOX) Act and the associated exchange listing requirements as an exogenous regulatory shock, we document that independent directors...