WebJun 1, 2015 · Originality/value – The positive relationship found between CSR and firm risk underscores the inherent conflict between the interests of employees and those of shareholders. By committing to a... WebApr 1, 2024 · Despite growing attention to corporate social responsibility (CSR) in the tourism literature, the relationship between CSR activities and systematic risk, one of the critical components...
EconPapers: The non-linear effect of CSR on firms’ systematic risk ...
WebNov 20, 2011 · The model predicts that CSR decreases systematic risk and increases firm value and that these effects are stronger for firms with high product differentiation. We … WebFirst, Farah et al. (2024) explained that the relationship between CSR and risk is not necessarily linear; instead, it is curvilinear. That is, because CSR has dual effects on a … rymdhiss
CSR and Firm Risk: Is Shareholder Activism a Double-Edged Sword?
WebMar 1, 2024 · Relationship between Corporate Social Responsibility Performance and Systematic Risk—A Case Study of A-share Listed Chinese Companies Chih-Yi Hsiao, Xuegui Lin, Ke-Ke Cen, Wantong Zheng Business Asian Journal of Economics, Business and Accounting 2024 WebThe present research values reactive corporate social responsibility (CSR) policies using the theory of Real Options (RO). ... The study illustrates Facebook’s reactive CSR policy and also demonstrates that RO can be used serve to hedge market risk (systematic risk), just like their equivalents in the financial markets but also to hedge ... WebNov 20, 2011 · The model predicts that CSR decreases systematic risk and increases firm value and that these effects are stronger for firms with high product differentiation. We find supporting evidence for our predictions. We address a potential endogeneity problem by instrumenting CSR using data on the political affiliation of the firm's home state. is fastify better than express