Bite-Sized Insights

Curious about how competition among senior executives for the CEO role affects a company's commitment to corporate social responsibility (CSR)? This study dives into the internplay of management incentives and CSR performance. By analysing data from major U.S. firms over two decades, it reveals a surprising twist: intense competition for promotions could actually hinder CSR efforts. As the competition heats up, CSR performance takes a hit. And when the CEO throne beckons, the impact intensifies. So, next time you spot a corporate ladder, ponder: Is the climb worth the cost to our planet and society?

#CSR #CEO #Sustainability #BusinessEthics