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Three Essays On Corporate Sustainability Language, Nahyun Kim
Three Essays On Corporate Sustainability Language, Nahyun Kim
Electronic Thesis and Dissertation Repository
My dissertation explores how public firms employ language in their Corporate Social Responsibility (CSR) reports to lengthen the horizons of their strategic decisions. The three essays included in my dissertation introduce and investigate the pursuit of temporal equilibrium in the aftermath of the 2008 Financial Crisis. Specifically, I compare the emphasis placed on the short versus long- future in the annual sustainability reports of public firms and derive three explanations for the increased emphasis of long-termism.
In Essay 1 (Chapter 2), I describe how firms seek and find temporal equilibrium after the Financial Crisis. Using topic modeling, I linguistically and …