Corporate Social Performance
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Institutional Investment and Corporate Social Performance - PhD Research (Ongoing) - Renfred Wong - supervised by Andrew Millington Institutional investors have been identified as a very significant, but under researched, stakeholder group that can play an important role in shaping corporate preferences for corporate social performance. This research area explores both the preferences of institutional investors and the way in which firms manage institutional investors through social disclosures. |
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Unionisation and Corporate Social Performance (Ongoing) - Steve Brammer and Stefan Hoejmose This research provides the first systematic analysis of the relationship between the degree of unionization and corporate social performance, drawing upon a conceptual model grounded in resource-dependence theory. Overall, our evidence suggests that unionization plays an important role in shaping corporate social performance and that firms in more heavily unionized sectors have poorer CSP. This is particularly true in respect of the greater incidence of social and environmental “concerns” among firms in heavily unionized sectors. However, we also show that the influence of unionization on CSP varies systematically across dimensions of CSP and that its effects are significantly moderated by relative union bargaining power as reflected by firm size, firm internationalization and industry unemployment. This research therefore provides new evidence of the role of unions in shaping firms social performance, including employee welfare, community involvement, corporate governance and environmental management. |

