arbiter
JournalsPricingAccount

Corporate misconduct and corporate social responsibility: the roles of CEO incentives and institutional ownership

Nongnapat Thosuwanchot & Min Suk Lee

Society and Business Review2025https://doi.org/10.1108/sbr-01-2024-0018article
AJG 2ABDC B
Weight
0.52

What the paper says

Purpose This study aims to examine why executives increase investments in corporate social responsibility (CSR) as a strategic action to protect their firms’ reputation from the possibility of a contagion effect following CSR-related corporate misconduct in the industry by drawing on an impression management perspective. This study also examines internal and external governance mechanisms as boundary conditions. Design/methodology/approach The sample includes panel data of firms listed in the S&P 500 index from 2009 to 2013. The authors used firm fixed-effects models to test the hypotheses. Findings The results show that recent CSR-related corporate misconduct occurred in other firms, inducing executives to increase investments in CSR. Moreover, internal and external governance mechanisms, which are CEO incentives and institutional ownership, moderated the relationship. Originality/value This study contributes to prior literature on the factors influencing CSR at the multilevel of analysis by examining how recent CSR-related corporate misconduct in the industry interacts with corporate governance mechanisms as boundary conditions to influence firm commitment to CSR.

7 citations

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1108/sbr-01-2024-0018

Or copy a formatted citation

@article{nongnapat2025,
  title        = {{Corporate misconduct and corporate social responsibility: the roles of CEO incentives and institutional ownership}},
  author       = {Nongnapat Thosuwanchot & Min Suk Lee},
  journal      = {Society and Business Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1108/sbr-01-2024-0018},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Corporate misconduct and corporate social responsibility: the roles of CEO incentives and institutional ownership

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.52

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.47 × 0.4 = 0.19
M · momentum0.68 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.