Baron, David P.; Harjoto, Maretno A.; Jo, Hoje - Graduate School of Business, Stanford University - 2008
significant and consistent with the theory. CFP as measured by Tobin's q is increasing in CSP, indicating that it is rewarded by …-equation structural model is estimated for a large number of firms for 1996-2004. The estimates are statistically and economically … that are likely to be responsive. The measures of CSP and social pressure are also disaggregated, and the relations among …