D Kong, M Xiong, N Qin - International Review of Financial Analysis, 2022 - Elsevier
This study investigates the impacts of tax incentives on firms' CSR engagement. Using the staggered Business Tax reform in China as exogenous shocks, our difference-in-differences …
In this study, drawing on social reputation theory, we focus on the non-financial benefit (social reputation) of ESG engagement via CSR awarding and consider ESG inconsistency …
In a changed scenario, characterized by great attention to environmental, social, and governance (ESG) factors, few industries feel the pressure more than utilities. The paper …
Using an international setting consisting of 5410 corporations domiciled in 24 countries, we test the insurance-like effect of corporate social responsibility (CSR) performance in the era …
Corporate social responsibility (CSR) is a strategic tool that firms use to gain competitive advantage and enhance profitability in the long run, yet its effect on dividend payout in …
T Wang, B Yang - Finance Research Letters, 2023 - Elsevier
This paper examines the relationship between corporate social responsibility (CSR) and idiosyncratic risk and tests the impact of stakeholder governance on the relationship …
Purpose This research investigated whether corporate social responsibility (CSR) can alleviate the negative effect of non-performing loans (NPLs) on bank performance …
S Caiazza, G Galloppo, G La Rosa - Finance Research Letters, 2023 - Elsevier
We investigate the mitigation effect of firms' ESG, a proxy of sustainability, on the CDS issued by corporations listed on the S&P500. We aim to shed new light on the risk mitigation …
Purpose This study aims to examine the potential threshold effect in the association between corporate social responsibility (CSR) performance and social reputation …