Do Affiliated Bankers on Board Enhance Corporate Social Responsibility? US Evidence

In this study, we examine whether and to what extent affiliated bankers on board may affect firms’ corporate social performance. Using a propensity score-matched sample from 2002 to 2016, we find that board directors from affiliated banks exert significantly positive influence on firms’ corporate social performance. Furthermore, board of directors from affiliated banks are negatively associated with firm investments in corporate social responsibility (CSR) activities when firms experience financial distress. Finally, we find that the effect of affiliated bankers on board on firms’ CSR performance depends on the affiliated banks’ CSR orientation, as affiliated banker directors from banks with higher CSR orientation have a stronger influence on firms’ investments in CSR activities. The results suggest that improving firm’s CSR performance is consistent with the affiliated banks’ interests.

Socially Responsible Practice and CSR Orientation of Chinese Managers: The Role of Confucian Ethics and Confucian Dynamism

A concern for socially responsible practice, especially for pro-environmental behavior in emerging economies, has drawn much attention in recent years. The present study contributes to understanding socially responsible decisions of Chinese managers by explicitly modeling the interplay of their social responsibility orientation and endorsement of Confucian principles with regard to investment in environment friendly technology. The results show that Confucian ethics and Confucian dynamism exert significant influence on a socially responsible decision, either directly or through their effect on social responsibility orientation. Nonetheless, they have opposing impacts on managers’ decision-making, which may help explain some anomalous managerial behavior. Implications for research and practice are provided.

Pengaruh Orientasi CSR, Sikap, Dan Kompetensi Terhadap Peran Karyawan Pada PT Bank Pembangunan Daerah Jawa Timur Tbk Surabaya

This study aims to find out and explain the influence of CSR Orientation, Attitude, and Competence on the Role of Employees at PT East Java Regional Development Bank Tbk Surabaya. This study uses a quantitative approach to employees using the Probability Sampling sample, namely the Proportionate Stratified Random Sampling of 62 employees. Statistical analysis used is Structural Equational Modeling (SEM) through SmartPLS Software version 3.2.8. The results of this study indicate that CSR orientation has a significant positive effect on the Role of Employees, Attitudes have a significant positive effect on the Role of Employees, while Competence does not significantly influence the Role of Employees.