In this paper, I adopt a hand-collected sample of prestigious business award-winner directors based on four types of awards and use it to represent reputable directors. I examine how awardee directors influence corporate social responsibility performance (CSR) using multiple samples. The results show that with award-winner directors sitting on their boards, firms tend to have higher CSR scores. The findings are consistent in the propensity score matched sample and additional robustness tests. The findings suggest that reputable directors are effective in performing monitoring and advising duties, which in turn leads to better CSR performance.

中文翻译：

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明星董事在履行企业社会责任方面是否有效？可持续发展目标的实证分析

在本文中，我采用了基于四种奖项的著名商业获奖董事的手工收集样本，并用它来代表知名董事。我使用多个样本研究了获奖董事如何影响企业社会责任绩效 (CSR)。结果表明，获奖董事在董事会任职时，公司的 CSR 得分往往更高。这些发现在倾向得分匹配样本和额外的稳健性测试中是一致的。调查结果表明，信誉良好的董事在履行监督和建议职责方面是有效的，这反过来又会带来更好的企业社会责任绩效。