Overview:
This article focuses on human resources and their effects on firms by bringing with them their knowledge, experience, and other factors to increase organizational performance. They give particular focus to the people and groups responsible for running the organization, the CEO and top management teams (TMTs), and how they themselves as well as their interaction with each other can influence organizational performance. The authors gathered information on companies with these variables and who were still in business up to 2010.
Listing of variables:
The dependent variable of this study is organization performance (sustainability, growth, and internationalization) and the independent variables are the CEO (age, tenure, and compensation) and top management teams (scale and network). Their hypotheses for the test were: H1- the CEO has a positive effect on organization performance, H2- top management teams have a positive effect on organization performance, and H3- the interactions of both the CEO and total management teams have positive effects on organization performance …show more content…
In order to get the value of the level of CSR, the authors’ added four categories: community involvement, human resources, social products, and service quality.
Author 's conclusion:
The authors’ found that corporate social responsibility disclosures does indeed lead to positive effects in stock prices. CSR disclosure has the ability to lead to greater stock returns for shareholders and mitigate or reduce the effect of severe economic downturns like we saw in 2008 and 2009. This means that the greater information that companies during this period gave out, the less fear their shareholders and other stakeholders had and thus they saw smaller negative gains and some even received positive increases in stock value.
Relevance of
This article focuses on human resources and their effects on firms by bringing with them their knowledge, experience, and other factors to increase organizational performance. They give particular focus to the people and groups responsible for running the organization, the CEO and top management teams (TMTs), and how they themselves as well as their interaction with each other can influence organizational performance. The authors gathered information on companies with these variables and who were still in business up to 2010.
Listing of variables:
The dependent variable of this study is organization performance (sustainability, growth, and internationalization) and the independent variables are the CEO (age, tenure, and compensation) and top management teams (scale and network). Their hypotheses for the test were: H1- the CEO has a positive effect on organization performance, H2- top management teams have a positive effect on organization performance, and H3- the interactions of both the CEO and total management teams have positive effects on organization performance …show more content…
In order to get the value of the level of CSR, the authors’ added four categories: community involvement, human resources, social products, and service quality.
Author 's conclusion:
The authors’ found that corporate social responsibility disclosures does indeed lead to positive effects in stock prices. CSR disclosure has the ability to lead to greater stock returns for shareholders and mitigate or reduce the effect of severe economic downturns like we saw in 2008 and 2009. This means that the greater information that companies during this period gave out, the less fear their shareholders and other stakeholders had and thus they saw smaller negative gains and some even received positive increases in stock value.
Relevance of