Working Paper

Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis

We study the extent to which a firm's social capital, as measured by the intensity of a firm's corporate social responsibility (CSR) activities, affects firm performance during the 2008-2009 financial crisis. We find that high-CSR firms have...Read more

Henri Servaes
01 February 2015

Centro and the Monitoring Board – Legal Duties Versus Aspirational Ideals in Corporate Governance

Pothers about liability risks for company directors and officers are nothing new in corporate law. The global financial crisis, however, created a unique and unfamiliar commercial matrix in which such concerns were played out. Although Australia...Read more

Jennifer Hill
01 September 2011