"CEO inside debt and corporate social responsibility" by Shahbaz A Sheikh, Dr.

Article

CEO inside debt and corporate social responsibility

International Journal of Managerial Finance (2020)

Shahbaz A Sheikh, Dr., The University of Western Ontario

Abstract

The purpose of this paper is to empirically examine the relation between incentives from CEO inside debt (deferred compensation and pension benefits) and corporate social responsibility (CSR). The results of this paper indicate that CEOs with large inside debt tend to invest more in CSR. Analysis of CSR strengths and concerns supports this finding and shows that CEO inside debt is significantly positively (negatively) associated with CSR strengths (concerns). Further tests indicate that CEO inside debt exerts a positive and significant effect on all five dimensions of social performance (diversity, community, product, employee relations and environment).

Keywords

Inside debt,
corporate social responsibility,
CSR strengths and concerns

Disciplines

Publication Date

2020

DOI

https://doi.org/10.1108/IJMF-10-2019-0397

Citation Information

Shahbaz A Sheikh. "CEO inside debt and corporate social responsibility" International Journal of Managerial Finance Vol. 16 Iss. 4 (2020) p. 525 - 546
Available at: http://works.bepress.com/shahbaz_sheikh/27/