How CEO hubris affects corporate social (Ir)responsibility
Grounded in the upper echelons perspective and stakeholder theory, this study establishes a link between CEO hubris and corporate social responsibility (CSR). We first develop the theoretical argument that CEO hubris is negatively related to a firm’s socially responsible activities but positively re...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
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2014
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| Online Access: | https://hdl.handle.net/10356/101926 http://hdl.handle.net/10220/19794 |
| _version_ | 1826127137939128320 |
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| author | Tang, Yi Qian, Cuili Chen, Guoli Shen, Rui |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Tang, Yi Qian, Cuili Chen, Guoli Shen, Rui |
| author_sort | Tang, Yi |
| collection | NTU |
| description | Grounded in the upper echelons perspective and stakeholder theory, this study establishes a link between CEO hubris and corporate social responsibility (CSR). We first develop the theoretical argument that CEO hubris is negatively related to a firm’s socially responsible activities but positively related to its socially irresponsible activities. We then explore the boundary conditions of hubris effects and how these relationships are moderated by resource dependence mechanisms. With a longitudinal dataset of S&P 1500 index firms for the period 2001-2010, we find that the relationship between CEO hubris and CSR is
weakened when the firm depends more on stakeholders for resources, such as when its internal resource endowments are diminished as indicated by firm size and slack, and when the external market becomes more uncertain and competitive. The implications of our findings for upper echelons theory and the CSR research are discussed. |
| first_indexed | 2024-10-01T07:03:52Z |
| format | Journal Article |
| id | ntu-10356/101926 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T07:03:52Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/1019262023-05-19T06:44:41Z How CEO hubris affects corporate social (Ir)responsibility Tang, Yi Qian, Cuili Chen, Guoli Shen, Rui Nanyang Business School DRNTU::Business::General::Social aspects Grounded in the upper echelons perspective and stakeholder theory, this study establishes a link between CEO hubris and corporate social responsibility (CSR). We first develop the theoretical argument that CEO hubris is negatively related to a firm’s socially responsible activities but positively related to its socially irresponsible activities. We then explore the boundary conditions of hubris effects and how these relationships are moderated by resource dependence mechanisms. With a longitudinal dataset of S&P 1500 index firms for the period 2001-2010, we find that the relationship between CEO hubris and CSR is weakened when the firm depends more on stakeholders for resources, such as when its internal resource endowments are diminished as indicated by firm size and slack, and when the external market becomes more uncertain and competitive. The implications of our findings for upper echelons theory and the CSR research are discussed. Accepted version 2014-06-16T04:31:18Z 2019-12-06T20:46:43Z 2014-06-16T04:31:18Z 2019-12-06T20:46:43Z 2014 2014 Journal Article Tang, Y., Qian, C., Chen, G., & Shen, R, (2014). How CEO hubris affects corporate social (Ir)responsibility. Strategic management journal, in press. 0143-2095 https://hdl.handle.net/10356/101926 http://hdl.handle.net/10220/19794 10.1002/smj.2286 en Strategic management journal © 2014 John Wiley & Sons, Inc. This is the author created version of a work that has been peer reviewed and accepted for publication by Strategic management journal, John Wiley & Sons, Inc. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1002/smj.2286]. 40 p. application/pdf |
| spellingShingle | DRNTU::Business::General::Social aspects Tang, Yi Qian, Cuili Chen, Guoli Shen, Rui How CEO hubris affects corporate social (Ir)responsibility |
| title | How CEO hubris affects corporate social (Ir)responsibility |
| title_full | How CEO hubris affects corporate social (Ir)responsibility |
| title_fullStr | How CEO hubris affects corporate social (Ir)responsibility |
| title_full_unstemmed | How CEO hubris affects corporate social (Ir)responsibility |
| title_short | How CEO hubris affects corporate social (Ir)responsibility |
| title_sort | how ceo hubris affects corporate social ir responsibility |
| topic | DRNTU::Business::General::Social aspects |
| url | https://hdl.handle.net/10356/101926 http://hdl.handle.net/10220/19794 |
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