Dividend Policy and Corporate Social Responsibility: A Comparative Analysis of Multinational Enterprise Subsidiaries and Domestic Firms in Korea
In this study, we compare and contrast the dividend policies of multinational enterprise (MNE) subsidiaries with local firms in Korea and extract implications for corporate social responsibility (CSR). We find empirical evidence that dividend policies of MNE subsidiaries in Korea are in general dete...
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Veröffentlicht in: | Emerging markets finance & trade 2015, Vol.51 (2), p.306-319 |
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description | In this study, we compare and contrast the dividend policies of multinational enterprise (MNE) subsidiaries with local firms in Korea and extract implications for corporate social responsibility (CSR). We find empirical evidence that dividend policies of MNE subsidiaries in Korea are in general determined to meet remittance requirements imposed by their parent company and have weak correlation with local CSR and investment requirements for wealth creation by local stakeholders. |
doi_str_mv | 10.1080/1540496X.2015.1021605 |
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We find empirical evidence that dividend policies of MNE subsidiaries in Korea are in general determined to meet remittance requirements imposed by their parent company and have weak correlation with local CSR and investment requirements for wealth creation by local stakeholders.</description><identifier>ISSN: 1540-496X</identifier><identifier>EISSN: 1558-0938</identifier><identifier>DOI: 10.1080/1540496X.2015.1021605</identifier><language>eng</language><publisher>Abingdon: Routledge</publisher><subject>Comparative analysis ; corporate social responsibility ; Dividend policy ; Dividends ; Emigrant remittances ; Investments ; Korea ; Multinational corporations ; multinational enterprises ; Parents ; Social responsibility ; Social responsibility of business ; Studies ; Subsidiaries ; SYMPOSIUM ARTICLES ; Wealth</subject><ispartof>Emerging markets finance & trade, 2015, Vol.51 (2), p.306-319</ispartof><rights>Copyright © Taylor & Francis Group, LLC</rights><rights>Copyright M. E. 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We find empirical evidence that dividend policies of MNE subsidiaries in Korea are in general determined to meet remittance requirements imposed by their parent company and have weak correlation with local CSR and investment requirements for wealth creation by local stakeholders.</description><subject>Comparative analysis</subject><subject>corporate social responsibility</subject><subject>Dividend policy</subject><subject>Dividends</subject><subject>Emigrant remittances</subject><subject>Investments</subject><subject>Korea</subject><subject>Multinational corporations</subject><subject>multinational enterprises</subject><subject>Parents</subject><subject>Social responsibility</subject><subject>Social responsibility of business</subject><subject>Studies</subject><subject>Subsidiaries</subject><subject>SYMPOSIUM ARTICLES</subject><subject>Wealth</subject><issn>1540-496X</issn><issn>1558-0938</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2015</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><recordid>eNp9kctu1TAQhiNEJUrhESpZYsMmxU5sx2bF0WkLFa2KuEjsLMexpTly7GAnrfIWfWR8egoLFqw8mvn-ufivqlOCzwgW-B1hFFPJf541mLCSagjH7Fl1TBgTNZateL6PKa730IvqZc47jIloiTiuHs7hDgYbBvQlejAr0iXcxjTFpGeLvkUD2qOvNk8xZOjBw7y-R5uCjJMuCNxZtAnarxkyig7dLH6GUPKxJNFFmG2aEuTSaekzDKAT2Pw45DyONs9g0CWkMSMI6HNMVr-qjpz22b5-ek-qH5cX37ef6uvbj1fbzXVtGG3muufCGUMF40PneNdiPbSMSe6M5qITfdtT5yi2zhnca2ywkJRi2VBpTCdo055Ubw99pxR_LWUTNUI21nsdbFyyIl3LOJVMyIK--QfdxSWV-wrFyzc2rJO8UOxAmRRzTtapcvio06oIVnuf1B-f1N4n9eRT0Z0edLs8x_RX1PCONUVQ6h8OdQguplHfx-QHNevVx-SSDgayav8_4je8_KVs</recordid><startdate>2015</startdate><enddate>2015</enddate><creator>Kim, Joonil</creator><creator>Jeon, Yongbok</creator><general>Routledge</general><general>Taylor & Francis, Ltd</general><general>Taylor & Francis Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>DHY</scope><scope>DON</scope></search><sort><creationdate>2015</creationdate><title>Dividend Policy and Corporate Social Responsibility: A Comparative Analysis of Multinational Enterprise Subsidiaries and Domestic Firms in Korea</title><author>Kim, Joonil ; Jeon, Yongbok</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c542t-b68fcc4856d7f6730ad35596fca6878b3b4ff40effc0ba0c0894409249cc78423</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2015</creationdate><topic>Comparative analysis</topic><topic>corporate social responsibility</topic><topic>Dividend policy</topic><topic>Dividends</topic><topic>Emigrant remittances</topic><topic>Investments</topic><topic>Korea</topic><topic>Multinational corporations</topic><topic>multinational enterprises</topic><topic>Parents</topic><topic>Social responsibility</topic><topic>Social responsibility of business</topic><topic>Studies</topic><topic>Subsidiaries</topic><topic>SYMPOSIUM ARTICLES</topic><topic>Wealth</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Kim, Joonil</creatorcontrib><creatorcontrib>Jeon, Yongbok</creatorcontrib><collection>CrossRef</collection><collection>PAIS Index</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><jtitle>Emerging markets finance & trade</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Kim, Joonil</au><au>Jeon, Yongbok</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Dividend Policy and Corporate Social Responsibility: A Comparative Analysis of Multinational Enterprise Subsidiaries and Domestic Firms in Korea</atitle><jtitle>Emerging markets finance & trade</jtitle><date>2015</date><risdate>2015</risdate><volume>51</volume><issue>2</issue><spage>306</spage><epage>319</epage><pages>306-319</pages><issn>1540-496X</issn><eissn>1558-0938</eissn><abstract>In this study, we compare and contrast the dividend policies of multinational enterprise (MNE) subsidiaries with local firms in Korea and extract implications for corporate social responsibility (CSR). We find empirical evidence that dividend policies of MNE subsidiaries in Korea are in general determined to meet remittance requirements imposed by their parent company and have weak correlation with local CSR and investment requirements for wealth creation by local stakeholders.</abstract><cop>Abingdon</cop><pub>Routledge</pub><doi>10.1080/1540496X.2015.1021605</doi><tpages>14</tpages></addata></record> |
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subjects | Comparative analysis corporate social responsibility Dividend policy Dividends Emigrant remittances Investments Korea Multinational corporations multinational enterprises Parents Social responsibility Social responsibility of business Studies Subsidiaries SYMPOSIUM ARTICLES Wealth |
title | Dividend Policy and Corporate Social Responsibility: A Comparative Analysis of Multinational Enterprise Subsidiaries and Domestic Firms in Korea |
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