Is corporate social responsibility an agency problem?

Hao Liang, Luc Renneboog

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review


The severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.
Original languageEnglish
Title of host publicationResearch Handbook of Finance and Sustainability
EditorsS. Boubaker, D. Cummings, D.K. Nguyen
Place of PublicationCheltenham
PublisherEdgar Elger Publishing Ltd.
ISBN (Electronic) 978 1 78643 263 6
ISBN (Print)978 1 78643 262 9
Publication statusPublished - Apr 2018


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