The Effect of Chief Executive Officer and Board Prior Corporate Social Responsibility Experiences on Their Focal Firm’s Corporate Social Responsibility: The Moderating Effect of Chief Executive Officer Overconfidence

This research aims to examine how the prior experiences of the chief executive officer (CEO) and board influence the focal firm’s Corporate Social Responsibility (CSR) activities. Further, the present study examines how CEO overconfidence influences the diffusion of CSR activities. The authors theorize that overconfident CEOs are influenced more by the corporate strategies they experienced on other boards and less by the corporate strategies experienced by other directors. Through longitudinal analyses of the CSR profiles a sample of S&P 500 companies for the period 2006-2013, the study shows that CEO and board prior CSR experience are positively related to the firm’s current CSR activities. The authors find a significant positive moderating effect of CEO overconfidence on the relationship between CEO prior CSR and the focal firm’s CSR. The theory and results highlight how CEO and board prior CSR exposure may influence the focal firm’s stances toward CSR and that CEO overconfidence may have differential effects on these relationships

Investigation of Role of Retention Storage in Tanks (Small Water Bodies) on Future Urban Flooding: A Case Study of Chennai City, India

The Adyar River flowing through Chennai Metropolitan Area (CMA) in Southern India functions as a surplus course of upstream water bodies that are locally known as tanks. During northeast monsoons, the river frequently floods the adjoining city areas. In this study, the impact of dredging and disappearance of tanks on flooding in CMA is analyzed under historical, urbanization, and extreme rainfall scenarios utilizing an urbanization-hydrologic-hydraulic modelling framework. The simulated scenarios highlight the importance of the tanks as a flood control measure for CMA. The major conclusions are (a) dredging the tanks uniformly by 2 m can compensate the increase in flooding due to urbanization by 2050 for 1 in 50-year rainfalls and, (b) for disappearance of tanks, 1 in 50-year rainfall can inundate the city akin to 1 in 100-year rainfalls. The study can be useful for making informed decisions on dredging the tanks, land use planning, and flood control measures for the CMA