UNE Business School Seminar Series

In this seminar, Professor Chandrasekhar Krishnamurti will examine the impact of CSR on the acquisitive behaviour of US firms. The evidence is consistent with the view that CSR engagement is associated with a lower level of firm acquisitiveness. Further, it is seen that firms with high level of CSR engagement are less likely to engage in value destroying acquisitions. Overall, the evidence is consistent with the view that CSR engagement is associated with a reduction in empire building by managers.

Chandrasekhar Krishnamurti is Professor and Head of Finance Discipline at University of Southern Queensland. He has done extensive research on the impact of global financial crisis, asset pricing, corporate governance, market microstructure and corporate finance and has won nine research awards. He has published over 50 research articles in outlets such as the Journal of Contemporary Accounting and Economics, Journal of Corporate Finance, Journal of Banking and Finance, Financial Management, and Corporate Governance: An International Review. He has conducted policy oriented research for think tanks. He recently won a large research grant from the think tank Global Risk Institute in Financial Services, Toronto, Canada for executing a project entitled “Optimal and Actual Asset Allocation Decisions in Protracted Low Interest Rate Periods”.