Measuring the social preferences of economic agents using experiments has become common place. This process, while incentive compatible, is costly and time consuming, making it infeasible in many settings. We combine standard altruism and warm glow choice experiments with a battery of candidate...

Prosocial CEOs advocate for social issues through supporting politicians representing their social values. We focus on two types of social issues: racial inequality and gun violence. Using personal charitable donation behavior to identify prosocial CEOs, we find that firms with prosocial CEOs...

Organ shortage is a public issue, whereas in many countries the demand for organ donation cards is a purely private decision. Most policies employed to reduce organ shortage do not seem to work very well. The consequence is that receiving a donated organ when direly needed becomes a lottery. In...

This paper examines how companies respond to negative ESG incidents by appointing directors with experience in charitable organizations. We find that firms are more likely to make such appointments following ESG incidents, especially when these incidents attract substantial media attention or...

The importance of culture as an informal management control system is increasingly acknowledged in academia. While prior research mainly focuses on the value of culture on internal stakeholders (e.g., employees), we examine whether culture serves as a credible signal in building trust with...

Purpose - This paper aims to show that zakat solves the collective action problem by changing the framework of giving. An additional purpose of this paper is an attempt to fill a critical gap in the Islamic economics literature. This gap concerns the nature and role of zakat in effectively...