Religious Values Motivating CSR: An Empirical Study from Corporate Leaders' Perspective.

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Title: Religious Values Motivating CSR: An Empirical Study from Corporate Leaders' Perspective.
Authors: Xu, Bo1 (AUTHOR), Ma, Linlin2 (AUTHOR) linlin.ma@phbs.pku.edu.cn
Source: Journal of Business Ethics. Mar2022, Vol. 176 Issue 3, p487-505. 19p. 5 Charts.
Subject Terms: *Religious schools, Religious values, Social responsibility of business, Organizational performance, Senior leadership teams, Peers
Abstract: Using a panel data of 806 U.S. firms from 2006 to 2015, we find that in their ratings of corporate social responsibility (CSR) performance, firms with top managers who attended religiously affiliated schools outperform their peers with no such managers. The positive relationship between religious school attendance (RSA) and CSR performance is stronger among firms with lower level of community religiosity or less external monitoring (e.g., fewer analysts following or institutional investors). Our findings lend support to early theoretical work that suggests managerial CSR-oriented values (e.g., religious values) can be key motivating factors for CSR initiatives. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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  Data: Religious Values Motivating CSR: An Empirical Study from Corporate Leaders' Perspective.
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  Data: <searchLink fieldCode="AR" term="%22Xu%2C+Bo%22">Xu, Bo</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Ma%2C+Linlin%22">Ma, Linlin</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> linlin.ma@phbs.pku.edu.cn</i>
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Business+Ethics%22">Journal of Business Ethics</searchLink>. Mar2022, Vol. 176 Issue 3, p487-505. 19p. 5 Charts.
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  Data: *<searchLink fieldCode="DE" term="%22Religious+schools%22">Religious schools</searchLink><br /><searchLink fieldCode="DE" term="%22Religious+values%22">Religious values</searchLink><br /><searchLink fieldCode="DE" term="%22Social+responsibility+of+business%22">Social responsibility of business</searchLink><br /><searchLink fieldCode="DE" term="%22Organizational+performance%22">Organizational performance</searchLink><br /><searchLink fieldCode="DE" term="%22Senior+leadership+teams%22">Senior leadership teams</searchLink><br /><searchLink fieldCode="DE" term="%22Peers%22">Peers</searchLink>
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  Data: Using a panel data of 806 U.S. firms from 2006 to 2015, we find that in their ratings of corporate social responsibility (CSR) performance, firms with top managers who attended religiously affiliated schools outperform their peers with no such managers. The positive relationship between religious school attendance (RSA) and CSR performance is stronger among firms with lower level of community religiosity or less external monitoring (e.g., fewer analysts following or institutional investors). Our findings lend support to early theoretical work that suggests managerial CSR-oriented values (e.g., religious values) can be key motivating factors for CSR initiatives. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1007/s10551-020-04688-x
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        Text: English
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      – SubjectFull: Religious schools
        Type: general
      – SubjectFull: Religious values
        Type: general
      – SubjectFull: Social responsibility of business
        Type: general
      – SubjectFull: Organizational performance
        Type: general
      – SubjectFull: Senior leadership teams
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      – SubjectFull: Peers
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      – TitleFull: Religious Values Motivating CSR: An Empirical Study from Corporate Leaders' Perspective.
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              Text: Mar2022
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