题目: UNEQUAL PERFORMACNE FEEDBACK: THE DIFFERENTIAL EFFECTS OF ANALYST FOREFACTS AND HISTORICAL/SOCIAL ASPIRATION LEVELS ON CSR DISCLOSURES

主讲人: 赵小平, 上海交通大学安泰经济管理学院组织管理系助理教授

时间: 2016年4月20日下午14:00

地点: 同济大厦A楼 206 教室

内容介绍:

In this study, I examine the differential effects of different performance targets (i.e., analyst forecasts and historical/social aspiration levels), as well as their consistency and inconsistency, on less risky firm behaviors—CSR disclosures. Specifically, I find that performance above or below analyst forecasts is positively associated with CSR disclosures, although the influence is much stronger when performance meets or exceeds analyst forecasts than when performance misses analyst forecasts. In contrast, performance above historical or social aspiration levels is negatively associated with CSR disclosures, whereas performance below historical or social aspiration levels has no effect. Furthermore, I find that managers will increase CSR disclosures when a specific inconsistent pattern of performance targets occur, that is, when performance misses analyst forecasts but is above managers’ historical or social aspiration levels. These findings can have several theoretical contributions to ongoing studies on performance feedback. 

主讲人介绍：

赵小平，上海交通大学安泰经济管理学院组织管理系助理教授。2008年毕业于同济大学经济与管理学院工商管理系企业管理专业，获管理学硕士学位，后于弗吉尼亚理工大学获得管理学博士学位，曾在匹兹堡大学从事博士后工作。主要研究兴趣包括战略管理、企业社会责任、以及利益相关者管理。学术论文发表在Strategic Management Journal, Business Ethics: A European Review, European Journal of International Management。担任Academy of Management Review, Corporate Governance: An International Review等期刊的审稿人。