ASSIGNMENT QUESTION In this article we examine the empirical association between corporate governance and corporate social responsibility is engagement by investigating the causat effects. Employing a large and extensive US sample, we first find that while the lag of CSR does not affect CG variables, the lag of CG variables positively affects firms CSR engagement after controlling for various firm characteristics in addition to examine the relative importance of stakeholder theory and agency theory regarding the associations among CSR CG and corporate Financial performance (CFP)we also examine the relation between CSR and CFP. Asten correcting for endogeneity bus, our results show that CSR engagement positively influences CFP supporting the conflict-resolution hypothesis based on stakeholder theory, but not the CSR overinvestment argument based on agency theory. Furthermore, firms CSR engagement with the community, environment, diversity, and employees plays a significantly positive role in enhancing CTP. 1 managers can use effective G mechanisms together with CSR engagement to resolve conflicts among stakeholder the CSR engagement should be positively related to effective mechanisms. If overconfident CFOs tend to averinvest to build their reputations as good social citizens we expect an emerse association between Cd CSR choice because the highest internal and external monitoring through various C mechanisms should reduce the insiders Incentive and opportunities for CSR over investment Source: A, H. and Harjoto, MA2012. The cousal effect of corporate governance on corporate social responsibility. Journal of business ethics, man po 3-72) Discussion Questions Based on the article above, answer the following questions Discuss the influence of corporate Governance vartables Skebode, number of independent dependent board members, CEO daty, gender diversity, educational qualification of board members on ethical conduct in public corporation ASSIGNMENT QUESTION In this article we examine the empirical association between corporate governance and corporate social responsibility is engagement by investigating the causat effects. Employing a large and extensive US sample, we first find that while the lag of CSR does not affect CG variables, the lag of CG variables positively affects firms CSR engagement after controlling for various firm characteristics in addition to examine the relative importance of stakeholder theory and agency theory regarding the associations among CSR CG and corporate Financial performance (CFP)we also examine the relation between CSR and CFP. Asten correcting for endogeneity bus, our results show that CSR engagement positively influences CFP supporting the conflict-resolution hypothesis based on stakeholder theory, but not the CSR overinvestment argument based on agency theory. Furthermore, firms CSR engagement with the community, environment, diversity, and employees plays a significantly positive role in enhancing CTP. 1 managers can use effective G mechanisms together with CSR engagement to resolve conflicts among stakeholder the CSR engagement should be positively related to effective mechanisms. If overconfident CFOs tend to averinvest to build their reputations as good social citizens we expect an emerse association between Cd CSR choice because the highest internal and external monitoring through various C mechanisms should reduce the insiders Incentive and opportunities for CSR over investment Source: A, H. and Harjoto, MA2012. The cousal effect of corporate governance on corporate social responsibility. Journal of business ethics, man po 3-72) Discussion Questions Based on the article above, answer the following questions Discuss the influence of corporate Governance vartables Skebode, number of independent dependent board members, CEO daty, gender diversity, educational qualification of board members on ethical conduct in public corporation