Hui Li
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Hui Li has a total of 4 co-authors. Here are the top co-authors by number of shared publications:
- Haizhi Wang
Illinois Institute of Technology
1 shared publication - Iftekhar Hasan
Fordham University, New York, USA
1 shared publication - Khairy Tourk
Illinois Institute of Technology
1 shared publication - Yun Zhu
St. John's University - Department of Economics and Finance
1 shared publication
Latest Publications
- Open Access
- 16 March 2021
- Published by MDPI AG in Sustainability
- Vol. 13 (6) , 3250
Do Affiliated Bankers on Board Enhance Corporate Social Responsibility? US Evidence
In this study, we examine whether and to what extent affiliated bankers on board may affect firms’ corporate social performance. Using a propensity score-matched sample from 2002 to 2016, we find that board directors from affiliated banks exert significantly positive influence on firms’ corporate social performance. Furthermore, board of directors from affiliated banks are negatively associated with firm investments in corporate social responsibility (CSR) activities when firms experience financial distress. Finally, we find that the effect of affiliated bankers on board on firms’ CSR performance depends on the affiliated banks’ CSR orientation, as affiliated banker directors from banks with higher CSR orientation have a stronger influence on firms’ investments in CSR activities. The results suggest that improving firm’s CSR performance is consistent with the affiliated banks’ interests.
- 16 March 2021
- Published by MDPI AG in Sustainability
- Vol. 13 (6) , 3250
Open AccessDo Affiliated Bankers on Board Enhance Corporate Social Responsibility? US Evidence
In this study, we examine whether and to what extent affiliated bankers on board may affect firms’ corporate social performance. Using a propensity score-matched sample from 2002 to 2016, we find that board directors from affiliated banks exert significantly positive influence on firms’ corporate social performance. Furthermore, board of directors from affiliated banks are negatively associated with firm investments in corporate social responsibility (CSR) activities when firms experience financial distress. Finally, we find that the effect of affiliated bankers on board on firms’ CSR performance depends on the affiliated banks’ CSR orientation, as affiliated banker directors from banks with higher CSR orientation have a stronger influence on firms’ investments in CSR activities. The results suggest that improving firm’s CSR performance is consistent with the affiliated banks’ interests.