Corporate social responsibility (CSR) is increasingly a core component of corporate strategy in the global economy. In … reputational damage to listed companies. While corporations are busy adopting and enhancing CSR practices, there is (beyond very … few notable exceptions) no established empirical research on CSR’s impact and relevance in the capital market. This paper …

In today's global economy, corporate social responsibility (CSR) is a core component of corporate strategy. Due in part … crucial instrument for minimizing conflicts with stakeholders. While corporations are busy adopting and enhancing CSR … 400 Social Index (a recognized CSR benchmark) between 1990 and 2004. Our paper highlights two main findings: i) a …

with ex post lower stock returns. We explore the nexus between IV and corporate social responsibility (CSR) and document … that IV is positively correlated with net aggregate CSR and is negatively correlated with a CSR specific risk factor … (namely stakeholder risk). Our findings show that: (i) less (more) reliance on market information (firm specific information …