Title Page
Abstract
Contents
1. Introduction 6
2. Theory and Hypotheses 9
2.1. Upper Echelons Theory 9
2.2. Attention Based View 11
2.3. ESG Sensitive Industry 13
2.4. Consumer Proximity 14
2.5. Regulatory Focus 15
3. Methods 20
3.1. Sample and data 20
3.2. Dependent variables 21
3.2.1. Regulatory focus 21
3.2.2. Consumer proximity 23
3.2.3. Industry-level socially-sensitiveness 23
3.3. Independent variables 24
3.3.1. Attention to ESG 24
3.4. Control variables 24
3.4.1. Firm size 25
3.4.2. CEO Gender 25
3.5. Statistical analysis 25
4. Results 26
5. Discussion 29
Reference 33
초록 37