A Study On The Relationship Between Ownership Structure And Corporate Social Responsibility

기업 소유구조와 사회적 책임투자간 관계에 대한 실증 분석

  • 박용삼 (포스코 경영연구소 경영연구센터) ;
  • 표세원 (포스코 경영연구소 경영연구센터)
  • Published : 2008.11.30

Abstract

We investigate the relationship between ownership structure and firm performance. For this paper, we use the 'donation' figure from the income statement of each firm as a measure of firm Performance lather than short-term financial measure that has been wifely used by previous studies. Our results are consistent with the idea that family ownership is both prevalent and substantial in Korea. More importantly, however, non-family firms are found to give more donations than family firms. This suggests that non-family firms more readily recognize the significance of corporate social responsibility and play an active role in philanthropy.

Keywords

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