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Persistent link: https://www.econbiz.de/10011945745
We analyze the effects of CSR disclosure on the accuracy of analysts' share price targets. The accuracy of analysts' price targets is value-relevant as it reduces firms' capital costs. We assess this relationship for S&P 500 firms from 2009 to 2014, applying panel regressions. We find that the...
Persistent link: https://www.econbiz.de/10012966732