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
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Publication status | Published - Sep 2021 |
Conference
Title | 41st Annual Conference of the Strategic Management Society (SMS 2021) |
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Location | Virtual |
Place | Canada |
City | Toronto |
Period | 18 - 21 September 2021 |
Link(s)
Permanent Link | https://scholars.cityu.edu.hk/en/publications/publication(8d1c34f2-15d2-445b-af10-a5e099802b04).html |
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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 et al.
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