Does CEO Emotion Matter? CEO Affectivity and Corporate Social Responsibility

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

1 Scopus Citations
View graph of relations


Related Research Unit(s)


Original languageEnglish
Journal / PublicationStrategic Management Journal
Online published11 Nov 2022
Publication statusOnline published - 11 Nov 2022


Research SummaryWhile prior research has generated meaningful insights into the antecedents of firms’ corporate social responsibility (CSR), little attention has been devoted to examining the influence of CEO affectivity—a relatively stable tendency to experience positive or negative emotions. This study explores how CEO positive affectivity (PA) and negative affectivity (NA) may be related to firms’ CSR activities. Specifically, we contend that CEO PA is positively related to CSR, whereas CEO NA is negatively related to CSR. We further investigate how CEO social capital may moderate the relationship between CEO affectivity and CSR. Our results support our hypotheses, suggesting the unique role of CEO emotions in CSR research.
Managerial SummaryDoes CEO emotion affect firms’ CSR activities? Our study finds that CEO PA increases a firm's engagement in CSR, while CEO NA decreases a firm's engagement in CSR. The above relationships are also subject to the influence of CEO social capital. Our findings suggest that CEOs should be aware of how their affective tendencies can influence their firm's CSR strategy and consider avenues to utilize emotional influence advantageously while avoiding potential affective bias.

Research Area(s)

  • CEO affectivity, corporate social responsibility, CEO social capital, broaden-and-build theory