Boards of directors and corporate social responsibility performance
Shaker A. Zahm
European Management Journal, 1989, vol. 7, issue 2, 240-247
Abstract:
Do boards of directors influence corporate social responsibility performance (CSRP)? If so, how? These two questions have been the focus of attention in a growing, but fragmented, body of the literature that is replete with contradictory findings. The present article proposes a preliminary model that focuses on board composition, characteristics and decision-making process as potential predictors of CSRP. Data from a field study corroborate the model's central arguments. The results urge executives and scholars to go beyond composition variables to explain boards' effect on CSRP. The results show that an appropriate mix of directors' characteristics and the development of a sound board decision-making process are also crucial determinants of CSRP.
Date: 1989
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