The Influence Of Unrelated And Related Diversification On Fraudulent Reporting, Subrata Chakrabarty
Dec 2014
The Influence Of Unrelated And Related Diversification On Fraudulent Reporting, Subrata Chakrabarty
Subrata Chakrabarty
This study suggests that unrelated diversification has a positive influence on the probability of fraudulent reporting whereas related diversification has a negative influence on the probability of fraudulent reporting. The strength of the influence of these corporate level strategies is contingent on the moral character of the firm. Unrelated diversification provides opportunity for financial innovation within the firm's internal capital market, which can result in fraudulent reporting. This is more likely when the moral character of the firm is driven by a conscienceless financial self-interest motive, as implied by the firm's contempt toward the larger community (in terms of damage …
Comparing Virtue, Consequentialist, And Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk In Institutional Voids, Subrata Chakrabarty, A E. Bass
Dec 2014
Comparing Virtue, Consequentialist, And Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk In Institutional Voids, Subrata Chakrabarty, A E. Bass
Subrata Chakrabarty
Due to the nature of lending practices and support services offered to the poor in developing countries, portfolio risk is a growing concern for the microfinance industry. Though previous research highlights the importance of risk for microfinance organizations, not much is known about how microfinance organizations can mitigate risks incurred from providing loans to the poor in developing countries. Further, though many microfinance organizations practice corporate social responsibility (CSR) to help create economic and social wealth in developing countries, the impact of such CSR practices remains an underdeveloped area of inquiry. We use a normative ethics lens to develop an …
The Long-Term Sustenance Of Sustainability Practices In Mncs: A Dynamic Capabilities Perspective Of The Role Of R&D And Internationalization, Subrata Chakrabarty, Liang(Lucas) Wang
Dec 2011
The Long-Term Sustenance Of Sustainability Practices In Mncs: A Dynamic Capabilities Perspective Of The Role Of R&D And Internationalization, Subrata Chakrabarty, Liang(Lucas) Wang
Subrata Chakrabarty
What allows MNCs to maintain their sustainability practices over the long term? This is an important but under-examined question. To address this question, we investigate both the development and sustenance of sustainability practices. We use the dynamic capabilities perspective, rooted in resource-based view literature, as the theoretical basis. We argue that MNCs that simultaneously pursue both higher R&D intensity and higher internationalization are more capable of developing and maintaining sustainability practices. We test our hypotheses using longitudinal panel data from 1989 to 2009. Results suggest that MNCs that have a combination of both high R&D intensity and high internationalization are …
