Why do countries matter so much in corporate social performance?
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Country differences in company ESG/CSR scores are consistent with underlying country characteristics driving differences, as suggested by Cai, Pan, and Statman (2016).
“The country differences visible in the figures are consistent with underlying country characteristics driving differences in company ESG or CSR scores as suggested by Cai, Pan, and Statman (2016)”
From Presidential Address: Sustainable Finance and ESG Issues— <i>Value</i> versus <i>Values</i> (2023) · cites this paper as Cai, Pan, and Statman (2016)
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References 47 · Cited by 372
- Authors
- Cai, Y., Pan, C. H., & Statman, M.
- Affiliations
- Santa Clara University (US)
- Corresponding author
- Cai, Ye
- Venue
- Journal of Corporate Finance
- Publisher
- Elsevier BV
- Published
- 2016-12
- Volume
- 41
- Pages
- 591-609
- ISSN
- 0929-1199 (ISSN-L)
- OpenAlex
- W2519364570
- Cited by
- 372
- References
- 47
- Citations by year
- 2026: 49 · 2025: 85 · 2024: 89 · 2023: 57 · 2022: 35 · 2021: 16 · 2020: 19 · 2019: 8 · 2018: 6 · 2017: 4 · 2016: 2 · 2015: 1 · 2014: 1
- FWCI
- 16.03
- Type
- journal article
- Language
- en
- Open access
- Licence
- cc-by-nc-nd
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- Journal of Corporate Finance (publishedVersion)
- Scholar Commons (Santa Clara University) (submittedVersion, cc-by-nc-nd)
- SSRN Electronic Journal (submittedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Identity and Reputation
- Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
- Keywords
- corporate social performance, cross-national variation, country factors, economic development, cultural values, civil liberties, political rights, multinational corporations, cross-listed firms, firm characteristics, institutional quality
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