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Osemeke, L, Osemeke, N and Okere, RO (2020) Is the Bandwagon Bias Effect Theory Driving Institutional Investors Impact on Corporate Social Responsibility (CSR) Practices? Journal of Management Policy and Practice, 21 (2). ISSN 1913-8067
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Is the Bandwagon Bias Effec Theory Driving Institutional Investors Impact on Corporate Social Responsibility (CSR) Practices.pdf - Accepted Version Download (567kB) | Preview |
Abstract
This paper employs the bandwagon bias effect theory to explain the influence of institutional investors on CSR Practices. This study focuses on Nigeria and uses the bandwagon bias theory to explore how institutional investors are being influenced by peer and society pressure to go along with the crowd to conform to CSR industrial standards. Using the balanced panel data of 174 PLCs from 2003 to 2009, the study investigates the institutional investors influence on CSR. The findings indicate a significant manifestation of relationship between them, which implies that the bandwagon effect on firm’s CSR engagement exists.
| Item Type: | Article |
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| Uncontrolled Keywords: | institutional investor, indigenous institutional investor, foreign institutional investor, government institutional investor, corporate social responsibility, public liability companies, Nigeria |
| Subjects: | H Social Sciences > HF Commerce > HF5001 Business H Social Sciences > HF Commerce |
| Divisions: | Business & Management (from Sep 19) |
| Publisher: | North American Business Press |
| Date Deposited: | 08 Oct 2020 08:53 |
| Last Modified: | 04 Sep 2021 06:52 |
| DOI or ID number: | 10.33423/jmpp.v21i2.2925 |
| URI: | https://researchonline.ljmu.ac.uk/id/eprint/13445 |
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