The Dhillon Centre is pleased to host corporate social responsibility expert academic Dr. Caroline Flammer, assistant professor at Boston University’s Questrom School of Business.

Dr. Flammer will present her work on “Corporate Governance and the Rise of Integrating Corporate Social Responsibility Criteria in Executive Compensation: Effectiveness and Implications for Firm Outcomes.”

Her study examines the integration of corporate social responsibility (CSR) criteria in executive compensation, a relatively recent practice in corporate governance. Using a novel database of CSR contracting, her research finds that CSR contracting is more prevalent in emission-intensive industries and has become more prevalent over time.

It is also reveals that the adoption of CSR contracting leads to an increase in long-term orientation, increase in firm value, increase in social and environmental performance, reduction in emissions, and increase in green innovations.

The findings of Dr. Flammer and her collaborators are reported to be consistent with their theoretical arguments predicting that CSR contracting helps direct management’s attention to stakeholders who are less salient - but financially material - to the firm in the long run, thereby enhancing corporate governance.

Friday September 15, 2017
12:30-2:00 pm

HA 966
UBC Sauder School of Business