A pathway to local legitimacy: the impact of corporate governance on corporate social responsibility in chaebol-affiliated firms

A pathway to local legitimacy: the impact of corporate governance on corporate social responsibility in chaebol-affiliated firms

Abstract Drawing on local legitimacy theory, which posits that firms seek acceptance and approval from their local community and stakeholders, we examine the effect of corporate governance (CG) quality on corporate social responsibility (CSR) activities in Korea. Enhancing CG quality and engaging in...

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Bibliographic Details
Main Authors: Chune Young Chung, Hoje Jo, Junyoup Lee
Format: Article
Language:English
Published: SpringerOpen 2025-08-01
Series:Financial Innovation
Subjects:
Corporate social responsibility
Corporate governance
Local legitimacy theory
Chaebol
Electronic voting system
Difference-in-differences
Online Access:https://doi.org/10.1186/s40854-025-00784-x
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