Can socially responsible firms survive competition? An analysis of corporate employee matching grant schemes Gong, Ning and Grundy, Bruce D. 2019, Can socially responsible firms survive competition? An analysis of corporate employee matching grant schemes, Review of finance, vol. 23, no. 1, pp. 199-243, doi: 10.1093/rof/rfx025. Attached Files Name Description MIMEType Size Downloads Title Can socially responsible firms survive competition? An analysis of corporate employee matching grant schemes Author(s) Gong, Ning orcid.org/0000-0001-6454-7572 Grundy, Bruce D. Journal name Review of finance Volume number 23 Issue number 1 Start page 199 End page 243 Total pages 45 Publisher Oxford University Press Place of publication Oxford, Eng. Publication date 2019-02 ISSN 1572-3097 1573-692X Keyword(s) employee matching grants corporate social responsibility Summary Employee matching grant schemes are coordination mechanisms that reduce free-riding by socially conscious employee-donors. Matching schemes coupled with lower take-home pay than offered by non-matching firms will survive capital and labor market competition if employee type is not observable and socially conscious employees are more productive or value working together. Matching can enhance employee welfare and raise more for charity without reducing profits. We document that matching firms have higher labor productivity and are more likely to be ranked as one of the “100 Best” employers. The result is robust to managerial entrenchment concerns and is not confined to the high-tech sector. Language eng DOI 10.1093/rof/rfx025 Indigenous content off Field of Research 1501 Accounting, Auditing And Accountability 1502 Banking, Finance And Investment HERDC Research category C1 Refereed article in a scholarly journal ERA Research output type C Journal article Copyright notice ©2017, The Authors Persistent URL http://hdl.handle.net/10536/DRO/DU:30106783 Document type: Journal Article Collections: Faculty of Business and Law Department of Finance Related Links Link Description Connect to published version Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Tue, 13 Mar 2018, 08:20:48 EST Wed, 14 Mar 2018, 04:00:17 EST Wed, 14 Mar 2018, 05:04:35 EST Thu, 15 Mar 2018, 12:54:40 EST Thu, 15 Mar 2018, 12:56:14 EST Thu, 15 Mar 2018, 12:57:04 EST Sat, 23 Feb 2019, 01:31:25 EST Wed, 23 Sep 2020, 08:48:45 EST Wed, 23 Sep 2020, 08:49:41 EST Sat, 26 Dec 2020, 01:30:11 EST Filtered Full Citation counts:   Cited 6 times in TR Web of Science Cited 6 times in Scopus Search Google Scholar Access Statistics: 337 Abstract Views, 4 File Downloads  -  Detailed Statistics Created: Tue, 13 Mar 2018, 08:20:48 EST

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