Arayssi, Mahmoud; Dah, Mustafa; Jizi, Mohammad - In: Sustainability Accounting, Management and Policy Journal 7 (2016) 3, pp. 376-401
regression model are applied. Findings The results reveal that the presence of WDOCBs favorably influences on firm’s risk and … WDOCB on the ESG-performance relationship leads to increased risk-adjusted and buy-and-hold abnormal returns and reduced … firm risks, measured by both volatility of returns and systematic risk. Originality/value The research contributes to the …