Using a novel dataset that captures public perceptions of the trustworthiness of client firms by extracting and converting social media feeds into an index, we find that auditors charge higher fees for client firms with lower trustworthiness, as client firms with higher trustworthiness are less...

We analyse the relationship between the extent of a firm's corporate social responsibility (CSR) and its long-term survival probability. We conjecture that a better CSR rating is associated with a lower probability of corporate failure and a longer survival period. Consistent with this, we...

Despite of the extensive research developed on Family Business (FB), there is no consensus about the definition of this type of companies. The main goal of our research is to provide a simple alternative to the existent definitions of FB, without losing significant information and capturing...

We examine the way a fraudulent firm's pre‐ and postmisconduct corporate social responsibility engagement is associated with its stock performance to investigate the reputational role of corporate social responsibility (CSR). In the short term, firms with good CSR performance suffer smaller...

We use machine learning to study how venture capitalists (VCs) make investment decisions. Using a large administrative dataset on French entrepreneurs that covers VC-backed as well as non-VC-backed firms, we use algorithmic predictions of new ventures' success to uncover potential sources of...

This study examines the effect of senior executives’ academic career experience on corporate social responsibility (CSR) and further investigates how such CSR engagement dominated by academic senior executives affects firm value. Using data from China, this study reveals that firms run by...

This paper examines the hypothesis that religious firms are more socially responsible. By utilizing a novel measure of religiosity that reflects firm-level adherence to Christian values, we find that religiousness is positively associated with the CSR engagement of large U.S. firms after...

This study examines how the financial experience of senior executives influences corporate social responsibility (CSR) performance and reporting activities. With a sample of Chinese listed companies over the period 2009–2018, we find that companies with senior executives with financial...

Prior research suggests that the disclosure of greenhouse gas (GHG) emissions—a primary cause of climate change—affects firm valuation. In this paper, we provide new insights into the determinants of the voluntary disclosure of GHG emissions. We show that board ancestral diversity has a...

In this paper, we document a strong comovement between a firm’s corporate social responsibility (CSR) score and the CSR scores of their social network. This result is strongest for the CEO’s social network and when firms that have a high number of connections or more central positions within...