TY - JOUR
T1 - Celebrity CEO, Identity Threat, and Impression Management: Impact of Celebrity Status on Corporate Social Responsibility
JF - Journal of Business Research
Y1 - 2020
A1 - Lee,Gilsoo
A1 - Cho,Sam Yul
A1 - Arthurs,Jonathan
A1 - Lee,Eun Kyung
KW - Strategy & Entrepreneurship
AB - In this study, we examine the impact of CEO celebrity status on the propensity of firms to
engage in corporate social responsibility (CSR). Integrating identity and impression management
theories, we argue that a firm’s engagement in CSR activities is affected by a celebrity CEO’s
impression management motive to maintain his/her identity and status as a celebrity. We then
explore three boundary conditions under which the effects of celebrity status on CSR may be
strengthened. We find that celebrity CEOs’ engagement in CSR activities as an impression
management tactic increases when uncertainty surrounding a firm’s expected performance is
high, when firm performance is low, and the competitive intensity of the industry is high. The
findings of this study provide useful insights into the specific ways by which celebrity CEOs
attempt to protect their established status and reputation. This paper contributes to various
domains of research concerning CEOs, impression management, and CSR.
VL - 111
U2 - a
U4 - 193993093120
ID - 193993093120
ER -