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We investigate the role of managerial ability in the relationship between corporate social responsibility (CSR) and firm performance in the energy industry, where sustainability issues are of special interest. We first identify a positive association between CSR and firm value, which, however,...
Persistent link: https://www.econbiz.de/10014256444
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This study investigates the relationship between corporate social performance (CSP) and investment inefficiency in the Chinese stock market. Using the unique CSP ratings scores from the Rankins CSP Ratings (RKS), we find that socially responsible firms are more efficient in their investment. We...
Persistent link: https://www.econbiz.de/10013334778
This paper investigates the role of corporate social responsibility (CSR) performance in forecasting companys' stock prices and future returns. The forecasting analysis identifies a negative association between CSR performance and proxies of price delay. The negative CSR–delay association is...
Persistent link: https://www.econbiz.de/10014256440
Sustainable strategies like Corporate Social Responsibility (CSR) have become an essential requirement for the energy sector to be practiced across their business activities. Many studies addressed CSR-related strategies but did not examine their critical success factors (CSFs) on regional...
Persistent link: https://www.econbiz.de/10012703807
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Using the sample of China’s A-share listed companies from 2010 to 2019 and the index of jinshi density to measure the historical imperial examination system, we empirically test the influence of the imperial examination system on corporate social responsibility. We find that the imperial...
Persistent link: https://www.econbiz.de/10014256450