We investigate the relationship between a firm's degree of social responsibility and its performance. To accomplish this objective, we examine the stock market reaction to the announcement of Fortune magazine's list of 100 Best Companies to Work For over the 1998 to 2003 period. We find...

This study is grounded on the internationalization theories of the firm and discusses how different strategic and operational choices in the international environment can affect firm performance and thus shareholders value. The latter is based on share prices reflecting long term expectations on...

This study performs a cross-country comparison by examining the large samples of merger and acquisition (M&A) activity in emerging markets (EMs). The underlying purpose is to investigate how market investors react to the M&A deals conducted by acquiring firms with different degrees of corporate...

This study provides evidence for the differential impacts of corporate social responsibility (CSR) initiatives targeting different stakeholder groups on stock price crash risk. In particular, it highlights CSR's role in mitigating risk and creating shareholder value. Our results reveal that...

In this paper, we assess the interaction between international firms' stakeholder performance and their stock market returns. Using data from more than 2,000 firms from 24 countries and 15 industries for the period 2003-2007, we analyze stakeholder performance for firms in different...

Purpose of the article: To examines the effect of corporate social responsibility on performance of Nigerian quoted firms. Methodology/methods: The study applies the survey research method, carrying out a crosssectional analysis of one hundred and fifty (150) firms quoted on the Nigerian Stock...