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• W2025807772 abstract "): that of insurance. Building on a paper by Godfrey (2005), we argue that socialinvestment insures companies against stakeholder reactions to socially irresponsibleacts. We offer predictions regarding the distribution of insurance-motivated socialinvestment across firm characteristics, and highlight the possibility that this form ofinsurance drives firms towards greater social irresponsibility. Thus, we argue that theoverall impact on social welfare of insurance-motivated social investment is ambig-uous. An exploratory analysis shows the pattern of charitable giving among large" @default.
• W2025807772 created "2016-06-24" @default.
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• W2025807772 date "2005-12-01" @default.
• W2025807772 modified "2023-10-18" @default.
• W2025807772 title "Corporate Reputation and an Insurance Motivation for Corporate Social Investment" @default.
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• W2025807772 doi "https://doi.org/10.9774/gleaf.4700.2005.wi.00007" @default.
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