Work

A CEO’s Childhood Family Decline and Corporate Social Responsibility: The Mediating Role of Long-Term Orientation

Year: 2024

Type: article

Abstract: The relationship between a chief executive officer’s childhood experience of family decline and his or her firm’s social responsibility rating was explored using data on more than 1000 Chinese listed firms. Such childhood experience is shown to predict better CSR ratings. This may be because adversity in childhood shifts the cognitive map through accommodation process, and further fosters cognitive processing ability and a long-term orientation. Career variety and education level are shown to moderate the imprinting effect by altering its strength. Career variety weakens the relationship whereas education level strengthens it.

Source: Journal of Business Ethics

DOI: 10.1007/s10551-024-05856-z

Authors: Mengyu Cai, Nan Zhou

Institutions: State Grid Shandong Electric Power Company (China), Tongji University

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,590

Funder: National Natural Science Foundation of China