The effects of CEO activism: Partisan consumer behavior and its duration

Y Hou, CW Poliquin - Strategic Management Journal, 2023 - Wiley Online Library
Abstract Research Summary CEOs increasingly engage in activism on controversial social
and political issues that do not directly affect their core business. Simultaneously, the …

CEO activism. What do we know? What don't we know? A systematic literature review

F Rumstadt, DK Kanbach - Society and business review, 2022 - emerald.com
Purpose Chief Executive Officer (CEO) activism, ie executives, publicly weighing in on
sociopolitical debates, is an area of increasing interest in academia and business. This …

CEO activism and firm value

A Mkrtchyan, J Sandvik, VZ Zhu - Management Science, 2024 - pubsonline.informs.org
We investigate the increasingly common practice of chief executive officers (CEOs) taking
public stances on social and political issues (CEO activism). We find that CEO activism …

Employee responses to CEO activism

A Mkrtchyan, J Sandvik, D Xu - Journal of Accounting and Economics, 2024 - Elsevier
We examine employee responses to CEO activism, the increasingly common practice of
CEOs taking public stances on socio-political issues. CEO activism may bolster employees' …

When Is CEO Activism Conducive to the Democratic Process?

A Feix, G Wernicke - Journal of Business Ethics, 2024 - Springer
Activism undertaken by CEOs has been on the rise in recent years. Research on this
practice has been primarily concerned with determining the conditions under which a CEO's …

CEO activism is not equal to CEO activism: a typology of executives' political statements

F Rumstadt, DK Kanbach, J Arweck, TK Maran… - Management …, 2024 - emerald.com
Purpose When CEOs are publicly weighing in on sociopolitical debates, this is known as
CEO activism. The steadily growing number of such statements made in recent years has …

Beyond shareholder value? Why firms voluntarily disclose support for Black Lives Matter

AJ Chen, PM DECHOW, ST Tan - 2021 - ink.library.smu.edu.sg
We investigate why firms voluntarily disclose support for the Black Lives Matter movement
(BLM firms) even though these disclosures have little impact on shareholder value. We …

[HTML][HTML] Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign

R Brownen-Trinh, A Orujov - Journal of Corporate Finance, 2023 - Elsevier
This study investigates retail investor responses to corporate engagement in corporate socio-
political activism (CSA). Using manually collected evidence of companies' support for the …

Customers' response to firms' disclosure of social stances: evidence from voting reform laws

H Jin, K Merkley, A Sharma, K Ton - Review of Accounting Studies, 2024 - Springer
We examine customer responses to publicly traded firms speaking out in response to the
state of Georgia's voting reform laws. For firms that speak out, we find that customer visits …

Prosocial CEOs and social advocacy: Evidence from firm political donations

A Jiao, H Ren - Available at SSRN 4517522, 2023 - papers.ssrn.com
Prosocial CEOs advocate for social issues through supporting politicians who represent
their social values. We focus on two types of social issues: racial inequality and gun …