Strengthening stakeholder–company relationships through mutually beneficial corporate social responsibility initiatives. Journal of Business Ethics, 97(2), 207–221.īhattacharya, C. The impact of board diversity and gender composition on corporate social responsibility and firm reputation. Journal of Law, Economics, & Organization, 1(1), 101–124.īear, S., Rahman, N., & Post, C. Corporate governance and the board of directors: Performance effects of changes in board composition. Beyond dichotomy: The curvilinear relationship between social responsibility and financial performance. Evolving sustainably: A longitudinal study of corporate sustainable development. Why companies go green: A model of ecological responsiveness. How do board size and occupational background of directors influence social performance in for-profit and non-profit organizations? Evidence from California hospitals. A changing of the guard: Executive and director turnover following corporate financial restatements. What we know and don’t know about corporate social responsibility: A review and research agenda. Do some outside directors play a political role? Journal of Law & Economics, 44(1), 179–198.Īguinis, H., & Glavas, A. Academy of Management Review, 27(1), 17–40.Īgrawal, A., & Knoeber, C. Social capital: Prospects for a new concept. Journal of Economic Literature, 48(1), 58–107.Īdler, P. The role of boards of directors in corporate governance: A conceptual framework and survey. Our findings suggest that whereas NGO directors may potentially be appointed to a firm’s board for legitimization reasons, these directors are associated with enhanced CSR performance in the long term.Īdams, R. We also find that NGO directors on boards are not associated with immediate improvements in CSR performance rather, their positive influence on CSR performance takes hold after 3 years. Results from an analysis of all firms included in the S&P 500 index between 20 show that the number of NGO directors serving on a firm’s board in a certain year is positively related to the extent to which the firm displays poor CSR performance in the prior year. Our study examines the above two questions in the context of corporate social responsibility (CSR), taking the lens of resource dependence theory. Yet research provides little guidance on what kind of firms are more likely to have NGO directors on their boards, neither do we know these directors’ effects on firm strategic outcomes. One of your challenges in life is to strive toward your lofty goals and at the same time recognize the good you are doing.In the years 2009 to 2016, approximately 35% of Standard & Poor’s (S&P) 500 firms had at least one director with a professional background in private, not-for-profit organizations (NGO director). You strive to make the world a utopia to make each person's lot in life better to become perfect yourself. Your deepest satisfaction comes from knowing that you have advanced the cause of humanity. Your verbal skills may well lead you into the fields of writing, comedy, theater, and music.” Inner analysis of Hooghiemstra by heart number 9 All of this upward energy is a symptom of your tremendous creativity. People see you as cheerful, positive and charming your personality has a certain bounce and verve that so powerfully affects others that you can inspire people without effort. “You are optimistic, inspiring, outgoing, and expressive. Talent analysis of Hooghiemstra by expression number 3 Hooghiemstra name Numerology Numerology (Expression Number)
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