•  9
    Social Norms and CSR Performance
    with Steven F. Cahan and Li Chen
    Journal of Business Ethics 145 (3): 493-508. 2017.
    Some institutional investors are exposed to social norms and public scrutiny. Prior research indicates that these norm-constrained institutions engage in negative screening and invest less in firms operating in ‘sin’ industries. We examine whether social norms also motivate these institutions to engage in positive screening—where they invest more in firms with better corporate social responsibility performance—and CSR-related activism—where they promote improvements in the CSR of existing invest…Read more