Rakotomavo, Michel T.J. - In: Social Responsibility Journal 8 (2012) 2, pp. 199-207
Purpose – The paper aims to examine whether corporate investment in social responsibility takes away from expected … than contributed) equity. The evidence also supports the hypothesis that CSR investment does not subtract from dividends …. Instead, CSR effort and dividend tend to increase together. Thus, CSR investment tends to be effected by companies who can …