Journal of
Marketing Development and Competitiveness
Scholar Gateway
Abstracts prior to volume 5(1) have been archived!
Issue 5(1), October 2010 -- Paper AbstractsGirard (p. 9-22)
Cooper (p. 23-32)Kunz-Osborne (p. 33-41)Coulmas-Law (p.42-46)Stasio (p. 47-56)Albert-Valette-Florence (p.57-63)Zhang-Rauch (p. 64-70)Alam-Yasin (p. 71-78)Mattare-Monahan-Shah (p. 79-94)Nonis-Hudson-Hunt (p. 95-106) 
AMERICAN JOURNAL OF MANAGEMENT
Spillover Effects of Political Connectedness and Corporate Social Responsibility:
Evidence From the Trump Administration
Author(s): Kelly E. Carter, Sheela Thiruvadi
Citation: Kelly E. Carter, Sheela Thiruvadi, (2021) "Spillover Effects of Political Connectedness and Corporate Social Responsibility: Evidence From the Trump Administration," American Journal of Management, Vol. 21, Iss. 2, pp. 57-70
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper does not argue for or against President Trump. Rather, it examines potential spillover from a
mutually exclusive choice between political connectedness and corporate social responsibility (CSR). We find that a firm’s investment in political connectedness with Trump (in CSR) causes the stock prices of rival firms to increase (decrease), suggesting spillover. A rational interpretation of the results follows. As human beings, shareholders do value CSR. At the same time, they consider the marginal benefits and marginal costs of each investment type in a given situation and invest accordingly.
