Dear DUSA Members and Friends,
Welcome to the IBSS Online Brown Bag Autumn-Winter Series! It comes to the fifth session. Dr Shili Chen will share the topic "NGO Directors and CSR" with us.
Meanwhile, please find the upcoming sessions of the Brown Bag talks as below:
Topic: NGO Directors and CSR
In the years 2009 to 2016, approximately 35% of Standard & Poor's (S&P) 500 firms had at least one director with a professional background in private, not-for-profit organizations (NGO director). Yet research provides little guidance on what kind of firms are more likely to have NGO directors on their boards, neither do we know these directors' effects on firm strategic outcomes. Our study examines the above two questions in the context of corporate social responsibility (CSR), taking the lens of resource dependence theory. Results from an analysis of all firms included in the S&P 500 index between 2010-2016 show that NGO directors are more prevalent among firms with poor CSR performance records. We also find that NGO directors on boards are not associated with immediate improvements in CSR performance; rather, their positive influence on CSR performance takes hold after three years. Our findings suggest that whereas NGO directors may potentially be appointed to a firm's board for legitimization reasons, these directors are associated with enhanced CSR performance in the long term.
12:10 PM -12:50 PM, Wednesday, November 18, 2020
The registration will be closed at 10:00 am on November 18th. Please register this event in advance.
Link of this online seminar will be sent to you once your registration is successful. Please ensure your e-mail address is valid and also check your junk mail just in case. Please feel free to contact Maggie Chen by sending email to email@example.com if you have not received the meeting link.