Velte, Patrick - In: Corporate Social Responsibility and Environmental Management 30 (2023) 6, pp. 2695-2717
responsibility (CSR) decoupling and the consequences on firm value. Based on legitimacy theory and agency theory, top managers use … CSR decoupling for self‐impression management and stakeholder attraction. Our review indicates that low (high) corporate … governance quality increases (decreases) CSR decoupling and it has negative financial consequences for firms. We identify major …