The Impact of Board Structure on Corporate Social Responsibility: A Temporal View
Time plays an important role in corporate social responsibility (CSR) decisions. In the context of time and the boardroom, the consideration of CSR can be affected by board structure. For example, because of considerable short-term pressures, this study posits that insiders on the board are less lik...
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| Format: | Journal Article |
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Wiley Interscience
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/28434 |
| _version_ | 1848752535830003712 |
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| author | Galbreath, Jeremy |
| author_facet | Galbreath, Jeremy |
| author_sort | Galbreath, Jeremy |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Time plays an important role in corporate social responsibility (CSR) decisions. In the context of time and the boardroom, the consideration of CSR can be affected by board structure. For example, because of considerable short-term pressures, this study posits that insiders on the board are less likely to prioritize the longer-term time horizons needed to affect CSR. Following this perspective, a hypothesis is put forth that insiders generally have temporal orientations that are more short term in nature and that they therefore have a negative effect on CSR. A study of 300 of Australia's largest firms confirmed this hypothesis. However, when inside director compensation linked to environmental and social metrics and inside director CSR training are introduced as moderating variables, their interactive effects lead to positive results: both positively moderate the negative insider-CSR relationship in environmental and social dimensions. The study contributes to a temporal view of boards of directors, as well as to corporate governance and CSR. © 2016 John Wiley & Sons, Ltd and ERP Environment. |
| first_indexed | 2025-11-14T08:10:10Z |
| format | Journal Article |
| id | curtin-20.500.11937-28434 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:10:10Z |
| publishDate | 2016 |
| publisher | Wiley Interscience |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-284342017-09-13T15:22:15Z The Impact of Board Structure on Corporate Social Responsibility: A Temporal View Galbreath, Jeremy Time plays an important role in corporate social responsibility (CSR) decisions. In the context of time and the boardroom, the consideration of CSR can be affected by board structure. For example, because of considerable short-term pressures, this study posits that insiders on the board are less likely to prioritize the longer-term time horizons needed to affect CSR. Following this perspective, a hypothesis is put forth that insiders generally have temporal orientations that are more short term in nature and that they therefore have a negative effect on CSR. A study of 300 of Australia's largest firms confirmed this hypothesis. However, when inside director compensation linked to environmental and social metrics and inside director CSR training are introduced as moderating variables, their interactive effects lead to positive results: both positively moderate the negative insider-CSR relationship in environmental and social dimensions. The study contributes to a temporal view of boards of directors, as well as to corporate governance and CSR. © 2016 John Wiley & Sons, Ltd and ERP Environment. 2016 Journal Article http://hdl.handle.net/20.500.11937/28434 10.1002/bse.1922 Wiley Interscience restricted |
| spellingShingle | Galbreath, Jeremy The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title | The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title_full | The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title_fullStr | The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title_full_unstemmed | The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title_short | The Impact of Board Structure on Corporate Social Responsibility: A Temporal View |
| title_sort | impact of board structure on corporate social responsibility: a temporal view |
| url | http://hdl.handle.net/20.500.11937/28434 |