We examine the effects of taxes on Corporate Social Responsibility (CSR). Employing a tax reform in Korea that imposed a new tax on cash retention, we find that treated firms improve CSR performance after the tax reform was enacted. This result is driven by improvement in environmental and...

Firms are under increasing pressure to meet stakeholders’ demand for Corporate Social Responsibility (CSR) along their global value chains. We study the incentives for and investments in CSR at different stages of the production process. We analyze a model of sequential production with...

Corporate tax payments are a fundamental and easily measurable example of firm's behaviour towards society, however, the payment of tax can often be avoided legally. Such legal provisions are elucidated in the corporate tax structure of an emerging market economy, India. We analyse Tax payment...

Bangladesh has enjoyed remarkable economic growth for the last two decades primarily driven by an export-led development strategy, foreign remittances and greater empowerment of women. However, parallel to this, the socio-economic conditions (e.g., widespread poverty, poor accountability and...

A significant number of studies have been conducted on Corporate Social Responsibility (CSR) and its impact on different business organizations. However, no such study has been witnessed so far that could explain the nature of the amount involved in the CSR spending. The main purpose of the...

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...

Socially Responsible Investing (SRI), which integrates social and environmental criteria into traditional investment decision process, has emerged as a new concept in investing, especially in the wake of growing concerns for corporate social responsibility. This paper provides an extensive...

We investigate the fundamental determinants and value implications of corporate social responsibility (CSR) around the world. We contrast three broad views on CSR: (1) it is a response to government failures; (2) it reflects individual and societal preferences; (3) it is an equilibrium result of...

Sustainable development is a priority to the United Nations. Moreover, investment managers consider environmental, social and governance score as an important variable in portfolios selection. The fifth goal in the 2030 Agenda is gender equality. Besides, European countries have established...

Purpose: The purpose of this study is to present and test a conceptual framework that describes the Islamic religiosity parameters of Riba, Zakat and Mafsadah and their influence on the adoption of firms' Corporate Social Responsibility (CSR) practices.Design/Methodology/Approach: The study...