Rick’s Cafe Presentation: Jamey Darnell

Oct 16, 2017

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This study aims to extend the literature on CSR as insurance like in relation to firm performance. Socially responsible activities may provide insurance against reputational crises for firms. Specifically, a positive relationship is found between CSR and reputational risk demonstrating an additional reason why pursuing socially responsible activities makes fundamental sense for managers. This study also fills a gap in the literature by examining CSR in a multilevel model and examining an alternative data source to measure CSR beyond traditional KLD data.