Purpose: This study explores whether a firm's environmental and social (E&S) transparency affects corporate payout policies having two forms of dividend payout and stock repurchase payout. Design/methodology/approach: Focusing on a large sample of S&P 500 firms, and utilizing Tobit estimators,...

Purpose: This article aims to explore whether a firm's corporate social responsibility (CSR) transparency alleviates a firm's cash holdings. Design/methodology/approach: CSR transparency ratings encompass both the quantity and...