We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into … operating in all major industries. Our principal findings reveal that country sustainability related to both social and … of one unit in country sustainability scores is associated with an average decrease in the costs of debt by 64 basis …

Dieser Beitrag analysiert die Einbettung des Unternehmens über Corporate Social Responsibility (CSR) in das … Wirtschaftssystem. CSR wird dabei als freiwilliges Engagement der Unternehmen verstanden, das dazu beiträgt, etwaige Lücken zwischen … steigern. Der Zusammenhang zwischen Ertragslage und CSR wird am Beispiel von Deutschland empirisch überprüft. Dabei stellt sich …

This study investigates whether mandatory corporate social responsibility (CSR) reporting ameliorates liquidity and … influence capacity. For a mandatory CSR reporting regulation in Taiwan, we assess the policy’s effects using difference …-in-differences (DID) modeling. The results show that mandatory CSR reporting significantly increases liquidity and reduces idiosyncratic …

benefits from CSRR initiation. However, these primary tests ignore the relative CSR performance scores of our sample firms. In … additional analyses, we find a positive association between CSR performance scores and firm profitability. We also find a … positive association between changes in CSR performance scores and institutional investor interest. Finally, we examine the …

maximize shareholder value. The agency view of corporate social responsibility (CSR) generally considers CSR as a managerial … that CSR ratings are higher for companies with fewer agency problems (using standard proxies such as having lower levels of … free cash flow and higher dividend payout and leverage ratios). Moreover, certain aspects of CSR (e.g., environmental …

We examine whether family firms differ from nonfamily firms in their corporate social responsibility (CSR) reporting … system in place that guides the establishment and development of their CSR activities. Family firms are also more likely to … adopt the GRI guidelines, and they disclose significantly more information about their CSR practice. The findings are …