Sinan Goktan, Ph.D.
Associate Professor of Finance
When: Thursday, February 14, 2019, 12:15pm – 1:15pm
Where: Library Biella Room
Refreshments will be served
How are corporate social responsibility initiatives guided by prior relationships with venture capital firms?
Venture capital-backed companies have poorer corporate social responsibility records.
Their average corporate social responsibility records improve in time but this improvement is significantly less for venture capital-backed (versus non-venture capital-backed) companies.
However, when venture capital-backed companies receive funding from younger firms that specialize in socially responsible investing or from university-based venture capital funds, their corporate social responsibility records improve.