Xing, Mingqing; Lee, Sang-Ho - In: Environment and development economics 29 (2024) 3, pp. 234-256
This paper examines the impact of cross-ownership on the strategic incentive of environmental corporate social … demonstrates that bilateral cross-ownership between insiders provides weak incentives to undertake ECSR, which has a non …-monotone relationship with cross-ownership shares, while it provides strong incentives for outsiders, which increases the ECSR level as …