Ho, Kung-Cheng; Li, Hui-Min; Gong, Yujing - In: Borsa Istanbul Review 22 (2022) 3, pp. 515-524
This study investigates the relationship between corporate social performance (CSP) and investment inefficiency in the … responsible firms are more efficient in their investment. We further determine that the effect of CSP in reducing investment … improves investment efficiency in state-owned enterprises (SOEs). However, we do not find such evidence in non-SOEs. Our study …