The Power of Informal Governance : Community Social Capital and Corporate Pollution

Research output: Conference Papers (RGC: 31A, 31B, 32, 33)32_Refereed conference paper (no ISBN/ISSN)peer-review

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Detail(s)

Original languageEnglish
Publication statusPublished - Sep 2021

Conference

Title41st Annual Conference of the Strategic Management Society (SMS 2021)
LocationVirtual
PlaceCanada
CityToronto
Period18 - 21 September 2021

Abstract

This study focuses on the influence of headquarters’ community social capital on facility-level corporate pollution. Our findings reveal that facility pollution is lower for when firms are located in communities with higher social capital, because those communities help develop shared norms within firms and thereby instill reciprocity values on facilities. Further, we find that firm’s pro-social values and CEO’s long-term horizon help to strengthen the negative influence of community social capital on facility pollution due to the value alignment. In contrast, facility-level contexts such as facility’s community social capital and geographic location overshadow such a negative effect. Based on a sample of U.S. firms during the period of 1998-2015, we find empirical support for our predictions.

Citation Format(s)

The Power of Informal Governance : Community Social Capital and Corporate Pollution. / Qian, Cuili; Zhou, Jieyu; Gu, Zhenjiang; Yu, Yangxin.

2021. Paper presented at 41st Annual Conference of the Strategic Management Society (SMS 2021) , Toronto, Canada.

Research output: Conference Papers (RGC: 31A, 31B, 32, 33)32_Refereed conference paper (no ISBN/ISSN)peer-review