Powerful CEOs and CSR performance: Empirical evidence from France

Yousfi, Ouidad; Loukil, Nadia; Béji, Rania

doi:https://doi.org/10.7202/1095757ar

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Abstracts

Abstract

This study analyses the impacts of CEO’s traits on CSR performance. It is conducted on listed firms on the SBF120. The major outcomes of the studies are as follows: First, powerful CEOs appear as having significant effects only on specific CSR areas. Second, CEOs who graduated business, science or engineering degrees decrease the firm’s social performance. Also, powerful CEOs in family businesses are prone to increase the firm’s commitment in CSR while senior CEOs are likely not to feel concerned by CSR.

Keywords:

powerful CEO,
CEO traits,
education,
social performance,
family firms

Résumé

Cette étude analyse l’impact des traits du CEO et de son pouvoir sur la performance sociale. Elle porte sur les entreprises du SBF120. Les résultats montrent que le pouvoir du CEO impacte partiellement la démarche RSE. Par ailleurs, les CEO ayant un parcours académique scientifique et/ou en lien avec le monde des affaires semblent marginaliser la performance sociale. Dans les entreprises familiales, le pouvoir du CEO, quand ce dernier n’est pas très âgé, favorise la démarche RSE.

Mots-clés :

pouvoir du CEO,
traits individuels du CEO,
éducation,
performance sociale,
entreprises familiales

Resumen

Este estudio analiza el impacto de los rasgos individuales del CEO y su poder en el desempeño social. Se trata de estudiar las empresas SBF120. Los resultados muestran que el poder del CEO impacta parcialmente el enfoque de RSE. Además, los directores ejecutivos con formación académica científica y / o vinculados al mundo empresarial parecen marginalizar el desempeño social. En las empresas familiares, el poder del CEO promueve el enfoque de RSE a condición de que este sea bastante joven.

Palabras clave:

Poder del CEO,
rasgos individuales del CEO,
educación,
desempeño social,
empresas familiares

Appendices

Bibliography

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