英文摘要 |
The CEO is the core of a firm's leadership and a key decision maker for company policies and future development. Thus, the CEO of a company plays a major role in CSR. CEOs have different work backgrounds and experience, and their decision-making preferences may vary. This study explores the impact of a CEO's prior work experience on CSR. The sample is based on data on CEOs from the US S&P 1500 firms for the period from 2003 to 2012, from which we manually collected data on their work experience. The empirical results indicate that CEOs with throughput backgrounds are significantly and negatively associated with CSR. Second, CEO tenure is found to be significantly and positively associated with CSR. Finally, CEOs with international work experience are found to be significantly and positively associated with CSR. Our findings contribute to the extant CSR literature and provide managers with guidance as they draft plans for their firms' future operations. |