Bolton, Brian - In: International Journal of Financial Studies : open … 8 (2020) 4/65, pp. 1-28
This study analyzes the effect that banks' investments in corporate social responsibility (CSR) have on bank …. Separating bank CSR activities into internally focused and externally focused ones provides evidence on how different … constituents value bank CSR activities. I find that CSR-related value creation is primarily a result of banks' external investments …
