“In a new paper written with Ing-Haw Cheng of the University of Toronto and Harrison Hong of Columbia University and NBER, Shue shows that when corporate do-gooding starts to affect the managers’ own personal income, or their standing with shareholders, their CSR efforts slow down considerably.”

[COMMENTARY] This article describes a study that shows when CEOs’ financial incentives do not incorporate CSR objectives, then CSR is de-emphasized.
CEOs Invest Less in Corporate Social Responsibility When Their Own Money Is At Stake, by Aimee Levitt, May 6, 2024, Yale Insights, USA.