University of Twente Student Theses
Do institutional investors drive the Corporate Social Responsibility for firms positively? : Evidence from the U.S. companies during the period of 2010-2019
Quan, Wujun (2024) Do institutional investors drive the Corporate Social Responsibility for firms positively? : Evidence from the U.S. companies during the period of 2010-2019.
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| Abstract: | This paper aims to assess whetherinstitutional investors drive the corporate social responsibility (CSR) performance of firms in the U.S over the 2010-2019 period. Across 147 companies amongraw materials, manufacturing, and service, these three economic activities, monitor-reluctant institutional investors have a greater negative impact on firm’s CSR performance than monitor-intensive institutional investors do in manufacturing sectors and full sample sector. Empirical analyses indicate that institutional investors who are more inclined to monitor firms do create fewer impediments to CSR performance. However, by being targeted by large-scale institutional investors, the chances of firm facing downside risks to its CSR strategy are also higher, which rationally explains that,regardless of the type of investor, their behavior will not have a positive impact on the firm’s CSR. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science, 88 social and public administration |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/103767 |
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