研討日期	2024年4月22日12:10-13:50
研討地點	國立臺灣大學社會科學院710會議室
主講題目 Title of the paper	Cross-ownership and corporate social responsibility
作者 Authors of the paper	Juan Carlos Bárcena-Ruiz | Amagoia Sagasta
文獻出處 Journal, vol.(issue), pp	The Manchester School. 2021;89:367–384.
主講人	呂明權
參加人員	黃鴻、王光正、高國峯、許至乙、郭文忠、周冰瑤Suttiwan、Ayu Sasni Munte、Artah、Micah、楊雅棠、Chisomo、Anggoro、呂明權
	This paper introduces corporate social responsibility (CSR) into a quantity-setting duopoly with cross-participation at ownership level. One firm is fully owned by its shareholder, who also owns a minority participation in the rival firm (controlling shareholder). We analyze the shareholders’ strategic choice of whether to engage their firms in CSR or not. We find that high levels of cross-ownership discourage the controlling shareholder from engaging his/her firm in CSR. When the level of cross-ownership is low enough, in equilibrium both firms care about CSR, but the controlling shareholder makes his/her firm less concerned with CSR than the shareholder who runs the rival firm. We also find that, contrary to the usual result, when firms are concerned with social issues the controlling shareholder obtains a lower income than the other shareholder.