This paper investigates whether and how share pledging by controlling shareholders affects stakeholder wealth using Chinese listed firms from 2007 to 2018. Employing corporate social responsibility (CSR) as a proxy for stakeholder welfare, we find that share pledging impedes a firm’s overall...

This article examines the relationship between corporate social responsibility (CSR) and financial reporting quality. Our findings show that firms with higher levels of corporate social responsibility are associated with higher accuracy of financial forecasts, fewer earnings surprises, and...

This study examines the relationship between corporate social responsibility (CSR) and different types of CEO turnover. Our findings based on a sample of over 2,500 publicly-traded US firms clarify how firms’ CSR engagement relates to CEO turnover by reason and source of new CEO. Firms with...