Professors on the Board: Do They Contribute to Society Outside the Classroom?

Cited 3 time in webofscience Cited 0 time in scopus
  • Hit : 489
  • Download : 0
According to our data, 38.5 % of S P 1500 firms have at least one professor on their boards. Given the lack of research examining the roles and effects of academic faculty as members of boards of directors (professor-directors) on corporate outcomes, this study investigates whether firms with professor- directors are more likely to exhibit higher corporate social responsibility (CSR) performance ratings. Results indicate that firms with professor- directors do exhibit higher CSR performance ratings than those without. However, the influence of professor-directors on firm CSR performance ratings depends on their academic background-the positive association between the presence of professor- directors and firm CSR performance ratings is significant only when their academic background is specialized (e.g., science, engineering, and medicine). Finally, this positive association weakens when professor- directors hold an administrative position at their universities.
Publisher
SPRINGER
Issue Date
2017-03
Language
English
Article Type
Article
Keywords

CORPORATE SOCIAL-RESPONSIBILITY; OWNERSHIP STRUCTURE; FIRM PERFORMANCE; DIRECTORS; STRATEGY; ETHICS; PHILANTHROPY

Citation

JOURNAL OF BUSINESS ETHICS, v.141, no.2, pp.393 - 409

ISSN
0167-4544
DOI
10.1007/s10551-015-2718-x
URI
http://hdl.handle.net/10203/223544
Appears in Collection
MT-Journal Papers(저널논문)
Files in This Item
There are no files associated with this item.
This item is cited by other documents in WoS
⊙ Detail Information in WoSⓡ Click to see webofscience_button
⊙ Cited 3 items in WoS Click to see citing articles in records_button

qr_code

  • mendeley

    citeulike


rss_1.0 rss_2.0 atom_1.0