Out of character: CEO political ideology, peer influence, and adoption of CSR executive position by Fortune 500 firms

Author(s):  
Abhinav Gupta ◽  
Anna Fung ◽  
Chad Murphy
2018 ◽  
Vol 2018 (1) ◽  
pp. 13913
Author(s):  
Abhinav Gupta ◽  
Anna Fung ◽  
Chad Benjamin Murphy

2018 ◽  
Vol 64 (4) ◽  
pp. 855-893 ◽  
Author(s):  
Abhinav Gupta ◽  
Sucheta Nadkarni ◽  
Misha Mariam

We investigate the dispositional sources of managerial discretion by theorizing that CEOs’ personality traits affect the extent to which their firms’ strategies reflect their preferences. In a longitudinal study of Fortune 500 firms, we examine the moderating influence of two personality traits—narcissism and extraversion—on the relationship between CEOs’ liberal- or conservative-leaning political ideologies and two firm strategies: corporate social responsibility (CSR) and workforce downsizing. We anticipate and confirm that liberal-leaning CEOs are more likely than others to enact CSR practices, and conservative-leaning CEOs are more likely than others to engage in downsizing. We find that extraversion strengthens these effects: it increases liberal CEOs’ use of CSR and conservative CEOs’ use of downsizing. Narcissism likewise strengthens the effect of CEO liberalism on CSR, but it does not significantly moderate the effect of CEO conservatism on downsizing. In a supplementary study using primary data from working professionals, we further explore the distinct mechanisms associated with these two personality traits. We find that narcissism relates strongly to individuals’ inflated perception of their discretion, whereas extraversion relates to their ability to sell an issue to others. Our study furthers research on managerial discretion by providing nuanced theory and evidence on innate sources of CEOs’ influence, and it enhances research on CEOs’ political ideology by spotlighting the dispositional boundary conditions of its effects on firms’ strategies.


2019 ◽  
Vol 65 (2) ◽  
pp. 524-563 ◽  
Author(s):  
Abhinav Gupta ◽  
Forrest Briscoe

This paper argues that organizations tend to be more “open” or “closed” as a function of their members’ political ideologies and that this variation can help explain firms’ responses to social activism. Integrating research on social activism with political psychology, we propose that when firms experience activists’ protests, a liberal-leaning firm will be more likely to concede to activists’ demands than its conservative-leaning counterpart, because its decision makers will more readily accept the interconnectedness of the firm’s activities with the activists’ claims. Building on this core concept, we examine how factors that increase the salience of an organization’s ideology also amplify its effect on responses to protests. Based on a longitudinal sample of 558 protest events directed against Fortune 500 firms from 2001 to 2015, our results support the notion that liberal-leaning firms concede more to activism, an effect that exists after accounting for the ideological valence of the protest issues. When an organization’s members are more proximate to the corporate headquarters, this effect of its ideology is heightened. The same is true when the firm’s ideology is incongruent with that of its local community or its industry. These findings inform research on the organizational implications of political ideologies, as well as on social movements, institutional complexity, and non-market strategy.


2014 ◽  
Vol 26 (2) ◽  
pp. 92-102 ◽  
Author(s):  
Jack Glascock

Given the increasing relevance of verbal aggression in today’s society, the goal of this study was to assess the relative contributions of potential demographic and sociological factors. Emerging adults were surveyed, and the data were analyzed using correlations and hierarchical regression. While television viewing, video game playing, and music listening were positively correlated with verbal aggression, only (rap) music listening remained significant when demographic and other sociological influences were factored in. Overall, the hierarchical regression analysis found religiosity, parental and peer influence, quality of neighborhood, sex, and media usage (listening to rap music) to be significant contributors to verbal aggression among emerging adults. Male participants reported more verbally aggressive behavior than women, and African Americans reported more verbal aggression than White respondents. While media usage seems to play a significant, but relatively small role, other demographic and sociological factors such as gender, neighborhood, religion, peers, and parents appear to be major contributors in the development of verbal aggression among emerging adults.


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