CEO International Assignment Experience and Corporate Social Performance

Research suggests that international assignment experience enhances awareness of societal stakeholders, influences personal values, and provides rare and valuable resources. Based on these arguments, we hypothesize that CEO international assignment experience will lead to increased corporate social...

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Bibliographic Details
Published in:Journal of business ethics 2009-10, Vol.89 (3), p.473-489
Main Authors: Slater, Daniel J., Dixon-Fowler, Heather R.
Format: Article
Language:English
Subjects:
Business and Management
Business Ethics
Business management
Business structures
Chief executive officers
Control variables
Corporate responsibility
corporate social performance
Corporate social responsibility
Corporate strategies
Education
Employees
Ethics
Globalization
International business
international experience
International organizations
KLD
Management
Management science
Marketing
Modeling
Philosophy
Quality of Life Research
Social responsibility
Stakeholders
Studies
upper echelons
Values
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Summary:Research suggests that international assignment experience enhances awareness of societal stakeholders, influences personal values, and provides rare and valuable resources. Based on these arguments, we hypothesize that CEO international assignment experience will lead to increased corporate social performance (CSP) and will be moderated by the CEO's functional background. Using a sample of 393 CEOs of S&P 500 companies and three independent data sources, we find that CEO international assignment experience is positively related to CSP and is significantly moderated by the CEO's functional background. Specifically, CEOs with international assignment experience and an output functional background (e.g., marketing and sales) are positively associated with greater CSP.
ISSN:0167-4544
1573-0697
DOI:10.1007/s10551-008-0011-y