2023
DOI: 10.1108/jefas-08-2021-0150
|View full text |Cite
|
Sign up to set email alerts
|

Market reaction to firms' investments in CSR projects

Abstract: PurposeThe purpose of this paper is to determine the impact of corporate investments in corporate social responsibility (CSR), measured by the environmental, social and government (ESG) rating, on the market valuation of a firm's stocks and to explain the regional differences in the degree of this influence.Design/methodology/approachThe empirical study uses linear and non-linear panel regression models for a panel sample of 951 firms listed in Asia, North America and Europe operating in innovative industries.… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

0
1
0

Year Published

2023
2023
2023
2023

Publication Types

Select...
1

Relationship

0
1

Authors

Journals

citations
Cited by 1 publication
(1 citation statement)
references
References 62 publications
(118 reference statements)
0
1
0
Order By: Relevance
“…Then, by using linear and non-linear panel regression models for a panel sample of firms listed in Asia, North America and Europe, Cherkasova et al . (2023) determine the impact of corporate investments on corporate social responsibility (CSR), measured by the environmental, social and government (ESG) rating, on the market valuation of a firm's stocks.…”
mentioning
confidence: 99%
“…Then, by using linear and non-linear panel regression models for a panel sample of firms listed in Asia, North America and Europe, Cherkasova et al . (2023) determine the impact of corporate investments on corporate social responsibility (CSR), measured by the environmental, social and government (ESG) rating, on the market valuation of a firm's stocks.…”
mentioning
confidence: 99%