User profiles for Maretno A. Harjoto

Maretno Agus Harjoto

Professor of Finance, Pepperdine University
Verified email at pepperdine.edu
Cited by 9190

Corporate governance and firm value: The impact of corporate social responsibility

H Jo, MA Harjoto - Journal of business ethics, 2011 - Springer
This study investigates the effects of internal and external corporate governance and monitoring
mechanisms on the choice of corporate social responsibility (CSR) engagement and the …

The causal effect of corporate governance on corporate social responsibility

H Jo, MA Harjoto - Journal of business ethics, 2012 - Springer
In this article, we examine the empirical association between corporate governance (CG)
and corporate social responsibility (CSR) engagement by investigating their causal effects. …

Corporate governance and CSR nexus

MA Harjoto, H Jo - Journal of business ethics, 2011 - Springer
Some argue that managers over-invest in corporate social responsibility (CSR) activities to
build their personal reputations as good global citizens. Others claim that CEOs strategically …

COVID-19: Stock market reactions to the shock and the stimulus

MA Harjoto, F Rossi, JK Paglia - Applied Economics Letters, 2021 - Taylor & Francis
Using the WHO announcement on 11 March 2020 and the Federal Reserve Bank announcement
on 9 April 2020 as two events that represent the shock and the stimulus, this study …

The economics and politics of corporate social performance

DP Baron, MA Harjoto, H Jo - Business and Politics, 2011 - cambridge.org
Firms operate in a capital market, a product market, and a market for social pressure directed
at them by social activists, NGOs, and governments. An equilibrium in these three markets …

Legal vs. normative CSR: Differential impact on analyst dispersion, stock return volatility, cost of capital, and firm value

MA Harjoto, H Jo - Journal of Business Ethics, 2015 - Springer
This study examines how the sell-side analysts interpret firms’ corporate social responsibility
(CSR) activities. Specifically, we examine the differential impact of overall, legal, and …

How do equity markets react to COVID-19? Evidence from emerging and developed countries

MA Harjoto, F Rossi, R Lee, BS Sergi - Journal of Economics and Business, 2021 - Elsevier
Based on the supply of stock market returns hypothesis, we argue that the unprecedented
adverse shock of COVID-19 on the countries’ economic growth translates into a negative …

Board nationality and educational background diversity and corporate social performance

MA Harjoto, I Laksmana, Y Yang - Corporate Governance: The …, 2019 - emerald.com
Purpose This paper aims to examine the relationship between the nationality and educational
background diversity of directors serving on corporate boards and the firms’ corporate …

The impact of demographic characteristics of CEOs and directors on audit fees and audit delay

MA Harjoto, I Laksmana, R Lee - Managerial Auditing Journal, 2015 - emerald.com
Purpose – The purpose of this study is to examine the impact of gender and ethnicity of
CEO and audit committee members (directors) on audit fees and audit delay in the US firms. …

Religiosity, female directors, and corporate social responsibility for Italian listed companies

MA Harjoto, F Rossi - Journal of Business Research, 2019 - Elsevier
Italy is strongly associated with the Catholic Social Teaching (CST) that represents the central
principles (doctrine) of the Roman Catholic Church. Using the frequency of words in the …