How Firms Respond to Being Rated 期刊名称: Strategic Management教资有什么用
Journal
作者: Aaron K. Chatterji,Michael W. Toffel
年份: 2010年
期号: 第9期
关键词: information disclosure;environmental performance;corporate social responsibility;industry lf-regulation;ratings;
摘要:We examine how 黄冰糖的功效与作用
firms respond to third-party ratings of their corporate environmental activities. Using insights from institutional theory, we hypothesize that ratings 健康保健
are particularly likely to spur respons from firms who legitimacy is threatened--and thus are 感恩的诗
shamed--by狗打呼噜怎么回事
the ratings. We extend existing theory by drawing on the strategic choice perspective to hypothesize that the greatest performance improvements will be exhibited by tho shamed firms that face lowe初中作文写人
r-cost opportunities to improve--and thus are particularly able to respond. We take advantage of a natural experiment, w爱情伤感图片
he
n a major social rating agency expanded the scope of its ratings, to empirically test the hypothes in the context of environmental ratings and environmental performance of more than 650 firms in the United States. We find empirical
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