With greater power comes greater responsibility? takeover protection and corporate attention to stakeholders

By Aleksandra J. Kacperczyk. 2009

418 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/1aa4acfe9086f71ab9b2b2f80ac7d9627bf93529

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Citations in the corpus

Effects of Corporate Social Responsibility on Corporate Financial Performance: A Competitive-Action Perspective (2018, methodology): “Following prior studies (e.g., Hillman & Keim, 2001; Kacperczyk, 2009), we excluded the corporate governance and human rights dimensions to focus on those that represent voluntary corporate activities for primary stakeholders (Wang & Choi, 2013; Tang et al.”
Under Positive Pressure (2016, background): “This study is limited by its retrospective nature (Barnett & Salomon, 2006) and possibly by an endogeneity bias in the form of a reverse causal relationship, which could be overcome by conducting a natural experiment (Kacperczyk, 2009).”
How Firms Shape Income Inequality: Stakeholder Power, Executive Decision Making, and the Structuring of Employment Relationships (2015, background): “28 as community development (Kacperczyk, 2009).”
When CEO Career Horizon Problems Matter for Corporate Social Responsibility: The Moderating Roles of Industry-Level Discretion and Blockholder Ownership (2016, background): “Recently, increasing criticism has been raised for the operationalization of the construct through combining ‘‘positive’’ (sum of strengths) and ‘‘negative’’ (sum of concerns) dimensions toward CSR (Godfrey et al. 2009; Kacperczyk 2009; Mattingly and Berman 2006).”
THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON INVESTMENT RECOMMENDATIONS. (2010, methodology): “By distinguishing between CSR strengths and concerns, we follow several recent articles (e.g. Strike, Gao, & Bansal, 2006; Kacperczyk, 2009; Bear, Rahman, & Post, 2010) in arguing that CSR and CSiR (Corporate 12 We also used another specification, where we averaged across firms within the same…”
Does product market competition foster corporate social responsibility? Evidence from trade liberalization (2015, methodology): “For this reason, my analysis relies on the composite index of KLD strengths (for a similar approach, see, e.g., Kacperczyk, 2009). the 34 large tariff reductions listed in Table S1 (treatments).”
The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness (2012, positive): “According to Kacperczyk (2009), Delaware firms with a staggered board enjoyed increased takeover protection after 1996.”
Corporate Goodness and Shareholder Wealth (2015, background): “Other papers in this branch of the literature study the role of governance mechanisms (see Kacperczyk, 2009; Barnea and Rubin, 2010; Krüger, 2010).”