CEO Tenure and Corporate Social Responsibility

• 발행기관: 한국윤리경영학회
• 저자명: 오원용 장영균 정라미
• 간행물 정보: 『한국윤리경영학회 학술대회 발표논문집』2018년 춘계학술대회 발표논문집, 26~48쪽, 전체 23쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2018.06.02

영문 초록

There are both benefits and costs of CEO tenure. CEO tenure is an indication of firm-specific knowledge and experience (i.e., the human capital view); however, long CEO tenure may lead to a lack of flexibility (i.e., the fixed paradigm view). We examine the effect of CEO tenure on two of a firm’s social outcomes ― CSR and CSIR. If the human capital view holds, long CEO tenure will increase CSR and reduce CSIR. If the fixed paradigm view holds, long CEO tenure will reduce CSR and increase CSIR. We further propose that these relationships are amplified by contextual influences, such as market growth, resource availability, and CEO duality. Empirically, we found general support for the human capital hypothesis , such that extended CEO tenure itself does not increase CSR, but decrease CSIR. Furthermore, three contextual factors moderate the CEO tenure-CSIR relationship, yet only market growth moderates the CEO tenure-CSR relationship.

목차

Ⅰ. INTRODUCTION

Ⅱ. THEORETICAL BACKGROUND

Ⅲ. HYPOTHESIS DEVELOPMENT

Ⅳ. METHOD

Ⅴ. RESULTS

Ⅵ. DISCUSSION

Ⅶ. CONCLUSION

키워드

CEO tenure contextual influences corporate social responsibility fixed paradigm human capital