Agency Problems of Corporate Philanthropy

Theory of the firm: Managerial behavior, agency costs and ownership structure

Jensen, M. C., & Meckling, W. H. (1976) · Journal of Financial Economics · doi:10.1016/0304-405x(76)90026-x · Cited by 71,491 · see citing works

Separation of Ownership and Control

Fama, E. F., & Jensen, M. C. (1983) · The Journal of Law and Economics · doi:10.1086/467037 · Cited by 19,465 · see citing works

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

Jensen, M. C. (1986) · Cited by 17,482 · see citing works

Agency Problems and the Theory of the Firm

Fama, E. F. (1980) · Journal of Political Economy · doi:10.1086/260866 · Cited by 10,543 · see citing works

Higher market valuation of companies with a small board of directors

Yermack, D. (1996) · Journal of Financial Economics · doi:10.1016/0304-405x(95)00844-5 · Cited by 6,865 · see citing works

Corporate Governance and Equity Prices

Gompers, P., Ishii, J., & Metrick, A. (2003) · The Quarterly Journal of Economics · doi:10.1162/00335530360535162 · Cited by 6,120 · see citing works

What Matters in Corporate Governance?

Bebchuk, L., Cohen, A., & Ferrell, A. (2009) · Review of Financial Studies · doi:10.1093/rfs/hhn099 · Cited by 2,906 · see citing works

Individual and Corporate Social Responsibility

BÉNABOU, R., & TIROLE, J. (2010) · Economica · doi:10.1111/j.1468-0335.2009.00843.x · Cited by 2,237 · see citing works

Partial adjustment toward target capital structures

Flannery, M. J., & Rangan, K. P. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2005.03.004 · Cited by 1,989 · see citing works

The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems

JENSEN, M. C. (1993) · The Journal of Finance · doi:10.2307/2329018 · Cited by 1,666 · see citing works

Corporate Financial Policy and the Value of Cash

Faulkender, M. W., & Wang, R. (2006) · The Journal of Finance · doi:10.1111/j.1540-6261.2006.00894.x · Cited by 1,643 · see citing works

The use of equity grants to manage optimal equity incentive levels

Core, J. E., & Guay, W. R. (1999) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(99)00019-1 · Cited by 1,458 · see citing works

It pays to have friends

Hwang, B., & Kim, S. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.07.005 · Cited by 933 · see citing works

Corporate philanthropic practices

Brown, W. O., Helland, E. A., & Smith, J. K. (2006) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2006.02.001 · Cited by 667 · see citing works

CEO reputation and stock-based compensation

Milbourn, T. T. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00066-7 · Cited by 641 · see citing works

Why Do Corporations Give to Charity?

Navarro, P. (1988) · The Journal of Business · doi:10.1086/296420 · Cited by 549 · see citing works

Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns

Yermack, D. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2005.05.002 · Cited by 503 · see citing works

An Urban Grants Economy Revisited: Corporate Charitable Contributions in the Twin Cities, 1979-81, 1987-89

Galaskiewicz, J. J. (1997) · Administrative Science Quarterly · doi:10.2307/2393734 · Cited by 449 · see citing works

Does backdating explain the stock price pattern around executive stock option grants?

Heron, R. A., & Lie, E. (2007) · Journal of Financial Economics · doi:10.1016/j.jfineco.2005.12.003 · Cited by 442 · see citing works

Corporate Social Responsibility and Managerial Entrenchment

Cespa, G., & Cestone, G. (2007) · Journal of Economics & Management Strategy · doi:10.1111/j.1530-9134.2007.00156.x · Cited by 429 · see citing works

Corporate-sponsored foundations and earnings management

Petrovits, C. M. (2006) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2005.12.001 · Cited by 305 · see citing works

Investor Reactions to CEOs' Inside Debt Incentives

Wei, C., & Yermack, D. (2011) · Review of Financial Studies · doi:10.1093/rfs/hhr028 · Cited by 293 · see citing works

Do Managers Do Good with Other People's Money?

Cheng, I.-H., Hong, H. G., & Shue, K. (2013) · National Bureau of Economic Research · doi:10.3386/w19432 · Cited by 228 · see citing works

Using tax return data to simulate corporate marginal tax rates

Graham, J. R., & Mills, L. F. (2007) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2007.10.001 · Cited by 210 · see citing works

The CEO's Influence on Corporate Foundation Giving

Werbel, J. D., & Carter, S. M. (2002) · Journal of Business Ethics · doi:10.1023/a:1019904820344 · Cited by 132 · see citing works

Deductio’ ad absurdum: CEOs donating their own stock to their own family foundations

Yermack, D. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.12.002 · Cited by 91 · see citing works

The role of social connections in charitable fundraising: Evidence from a natural field experiment

List, J. A., & Price, M. (2008) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2007.08.011 · Cited by 85 · see citing works

Executive severance agreements

Rusticus, T. O. (2006) · Cited by 57 · see citing works

Pandora’s Box: Managerial Discretion and the Problem of Corporate PhilanthropyPreprint

Stevelman, F. (1997) · SSRN Electronic Journal · Cited by 43 · see citing works

THE GRANTS ECONOMY

Galaskiewicz, J. J. (1985) · Elsevier eBooks · doi:10.1016/b978-0-12-273860-9.50007-9 · Cited by 31 · see citing works

Firms and social responsibility: A review of ESG and CSR research in corporate finance

Gillan, S., Koch, A., & Starks, L. T. (2021) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2021.101889 · Cited by 3,152 · see citing works

Do institutional investors drive corporate social responsibility? International evidence

Dyck, A., Lins, K. V., Roth, L., & Wagner, H. F. (2019) · Journal of Financial Economics · doi:10.1016/j.jfineco.2018.08.013 · Cited by 2,547 · see citing works

Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence

Albuquerque, R. A., Koskinen, Y. J., & Zhang, C. (2018) · Management Science · doi:10.1287/mnsc.2018.3043 · Cited by 2,223 · see citing works

Mandatory CSR and sustainability reporting: economic analysis and literature review

Christensen, H. B., Hail, L., & Leuz, C. (2021) · Review of Accounting Studies · doi:10.1007/s11142-021-09609-5 · Cited by 1,923 · see citing works

Corporate immunity to the COVID-19 pandemic

Ding, W., Levine, R., Lin, C., & Xie, W. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.03.005 · Cited by 1,484 · see citing works

Socially responsible firms

Ferrell, A., Liang, H., & Renneboog, L. D. R. (2016) · Journal of Financial Economics · doi:10.1016/j.jfineco.2015.12.003 · Cited by 1,443 · see citing works

On the Foundations of Corporate Social Responsibility

Liang, H., & Renneboog, L. D. R. (2016) · The Journal of Finance · doi:10.1111/jofi.12487 · Cited by 1,422 · see citing works

Resiliency of Environmental and Social Stocks: An Analysis of the Exogenous COVID-19 Market Crash

Albuquerque, R., Koskinen, Y., Yang, S., & Zhang, C. (2020) · The Review of Corporate Finance Studies · doi:10.1093/rcfs/cfaa011 · Cited by 1,234 · see citing works

Institutional shareholders and corporate social responsibility

Chen, T., Dong, H., & Lin, C. (2020) · Journal of Financial Economics · doi:10.1016/j.jfineco.2019.06.007 · Cited by 975 · see citing works

Women on Board: Does Boardroom Gender Diversity Really Affect Firm Risk?

Sila, V., Gonzalez, A., & Hagendorff, J. (2014) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2015.10.003 · Cited by 819 · see citing works

Socially responsible corporate customers

Dai, R., Liang, H., & Ng, L. (2020) · Journal of Financial Economics · doi:10.1016/j.jfineco.2020.01.003 · Cited by 673 · see citing works

The Pollution Premium

Hsu, P.-H., Li, K., & Tsou, C.-Y. (2020) · The Journal of Finance · doi:10.1111/jofi.13217 · Cited by 660 · see citing works

Peer Effects of Corporate Social Responsibility

Cao, J., Liang, H., & Zhan, X. (2019) · Management Science · doi:10.1287/mnsc.2018.3100 · Cited by 573 · see citing works

The end of ESG

Edmans, A. (2023) · Financial Management · doi:10.1111/fima.12413 · Cited by 531 · see citing works

Financial Constraints and Corporate Environmental Policies

Xu, Q., & Kim, T.-H. (2018) · Review of Financial Studies · doi:10.1093/rfs/hhab056 · Cited by 492 · see citing works

Media coverage and corporate ESG performance: Evidence from China

He, F., Guo, X., & Yue, P. (2023) · International Review of Financial Analysis · doi:10.1016/j.irfa.2023.103003 · Cited by 468 · see citing works

Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic

Bae, K.-H., El Ghoul, S., Gong, Z. (., & Guedhami, O. (2021) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2020.101876 · Cited by 581 · see citing works

Valuation effects of corporate social responsibility

Fatemi, A. M., Fooladi, I. J., & Tehranian, H. (2015) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2015.04.028 · Cited by 454 · see citing works

Corporate Governance and Executive Compensation for Corporate Social Responsibility

Hong, B., Li, Z. F., & Minor, D. B. (2015) · Journal of Business Ethics · doi:10.1007/s10551-015-2962-0 · Cited by 400 · see citing works

Do ESG strategies enhance bank stability during financial turmoil? Evidence from Europe

Chiaramonte, L., Dreassi, A., Girardone, C., & Piserà, S. (2021) · European Journal of Finance · doi:10.1080/1351847x.2021.1964556 · Cited by 429 · see citing works

The differential effects of CEO narcissism and hubris on corporate social responsibility

Tang, Y., Mack, D. Z., & Chen, G. (2017) · Strategic Management Journal · doi:10.1002/smj.2761 · Cited by 394 · see citing works

The Limits of Green Finance: A Survey of Literature in the Context of Green Bonds and Green Loans

Gilchrist, D. J., Yu, J., & Zhong, R. (2021) · Sustainability · doi:10.3390/su13020478 · Cited by 292 · see citing works

Do long-term institutional investors promote corporate social responsibility activities?

Kim, H.-D., Kim, T., Kim, Y., & Park, K. (2019) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2018.11.015 · Cited by 281 · see citing works

Be nice to your innovators: Employee treatment and corporate innovation performance

Chen, C., Chen, Y., Hsu, P., & Podolski, E. J. (2016) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2016.06.001 · Cited by 253 · see citing works

Corporate Social Responsibility and High-quality Development: Do Green Innovation, Environmental Investment and Corporate Governance Matter?

Xue, Y., Jiang, C., Guo, Y., Liu, J., Wu, H., & Hao, Y. (2022) · Emerging Markets Finance and Trade · doi:10.1080/1540496x.2022.2034616 · Cited by 251 · see citing works

The Impact of Voluntary Sustainability Reporting on Firm Value: Insights from Signaling Theory

Friske, W., Hoelscher, S. A., & Nikolov, A. N. (2023) · Journal of the Academy of Marketing Science · doi:10.1007/s11747-022-00879-2 · Cited by 249 · see citing works

Leviathan Inc. and Corporate Environmental Engagement

Hsu, P., Liang, H., & Matos, P. P. (2017) · Management Science · doi:10.1287/mnsc.2021.4064 · Cited by 234 · see citing works

Trust, social capital, and the bond market benefits of ESG performance

Amiraslani, H., Lins, K. V., Servaes, H., & Tamayo, A. (2023) · Review of Accounting Studies · doi:10.1007/s11142-021-09646-0 · Cited by 222 · see citing works

The real effects of ESG reporting and GRI standards on carbon mitigation: International evidence

Luo, L., & Tang, Q.-L. (2022) · Business Strategy and the Environment · doi:10.1002/bse.3281 · Cited by 206 · see citing works

Causal effect of analyst following on corporate social responsibility

Adhikari, B. K. (2016) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2016.08.010 · Cited by 216 · see citing works

Economic policy uncertainty, stakeholder engagement, and environmental, social, and governance practices: The moderating effect of competition

Yavaş, Ç. V. (2020) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2034 · Cited by 219 · see citing works

Does corporate social responsibility reduce the costs of high leverage? Evidence from capital structure and product market interactions

Bae, K.-H., El Ghoul, S., Guedhami, O., Kwok, C. C. Y., & Zheng, Y. (2019) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2018.11.007 · Cited by 207 · see citing works

ESG Ratings and Stock Performance during the COVID-19 Crisis

Engelhardt, N., Ekkenga, J., & Posch, P. N. (2021) · Sustainability · doi:10.3390/su13137133 · Cited by 229 · see citing works

Corporate cash holdings: Causes and consequences

Amess, K., Banerji, S., & Lampousis, A. (2015) · International Review of Financial Analysis · doi:10.1016/j.irfa.2015.09.007 · Cited by 194 · see citing works

Corporate social responsibility versus corporate shareholder responsibility: A family firm perspective

Abeysekera, A., & Fernando, C. (2020) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2018.05.003 · Cited by 179 · see citing works

Disentangling the effects of hedge fund activism on firm financial and social performance

DesJardine, M. R., & Durand, R. (2020) · Strategic Management Journal · doi:10.1002/smj.3126 · Cited by 197 · see citing works

Going to Haven? Corporate Social Responsibility and Tax Avoidance

Col, B., & Patel, S. (2016) · Journal of Business Ethics · doi:10.1007/s10551-016-3393-2 · Cited by 186 · see citing works

The impact of audit committee attributes on the quality and quantity of environmental, social and governance (ESG) disclosures

Arif, M., Sajjad, A., Farooq, S., Abrar, M., & Joyo, A. S. (2020) · Corporate Governance · doi:10.1108/cg-06-2020-0243 · Cited by 185 · see citing works

Investor horizons, long-term blockholders, and corporate social responsibility

Gloßner, S. (2019) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2019.03.020 · Cited by 184 · see citing works

Local corporate social responsibility, media coverage, and shareholder value

Byun, S. K., & Oh, J. (2017) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2017.09.010 · Cited by 185 · see citing works

Corporate social responsibility and green innovation: Evidence from mandatory CSR disclosure laws

Mbanyele, W., Huang, H., Li, Y., Muchenje, L. T., & Wang, F. (2022) · Economics Letters · doi:10.1016/j.econlet.2022.110322 · Cited by 183 · see citing works

Corporate Governance, Integrated Reporting and the Use of Credibility-enhancing Mechanisms on Integrated Reports

Wang, R.-Z., Zhou, S., & Wang, T. (2019) · The European Accounting Review · doi:10.1080/09638180.2019.1668281 · Cited by 161 · see citing works

Corporate Social Responsibility and Sustainable Finance: A Review of the LiteraturePreprint

Liang, H., & Renneboog, L. D. R. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3698631 · Cited by 186 · see citing works

Firms’ ESG reputational risk and market longevity: A firm-level analysis for the United States

Fafaliou, I., Giaka, M., Konstantios, D., & Polemis, M. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2022.05.010 · Cited by 172 · see citing works

Assurance of corporate social responsibility reports: Examining the role of internal and external corporate governance mechanisms

Sánchez, I., Hussain, N., Khan, S. A., & Martínez‐Ferrero, J. (2021) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2186 · Cited by 173 · see citing works

COVID‐19, ESG investing, and the resilience of more sustainable stocks: Evidence from European firms

Cardillo, G., Bendinelli, E., & Torluccio, G. (2022) · Business Strategy and the Environment · doi:10.1002/bse.3163 · Cited by 159 · see citing works

The effect of sustainable business practices on profitability. Accounting for strategic disclosure

Cerciello, M., Busato, F., & Taddeo, S. (2022) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2389 · Cited by 145 · see citing works

How does ESG disclosure improve stock liquidity for enterprises — Empirical evidence from China

Meng-tao, C., Da-peng, Y., Wei-qi, Z., & Qi-jun, W. (2022) · Environmental Impact Assessment Review · doi:10.1016/j.eiar.2022.106926 · Cited by 155 · see citing works

Multinationality and the value of green innovation

Kim, I., Pantzalis, C., & Zhang, Z.-Y. (2021) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2021.101996 · Cited by 137 · see citing works

Transmission Effects of ESG Disclosure Regulations Through Bank Lending Networks

Wang, L. L. (2023) · Journal of Accounting Research · doi:10.1111/1475-679x.12478 · Cited by 146 · see citing works

Hometown Biased Acquisitions

Jiang, F., Qian, Y., & Yonker, S. E. (2018) · Journal of Financial and Quantitative Analysis · doi:10.1017/s002210901800131x · Cited by 143 · see citing works

Corporate Social Responsibility and the Market Reaction to Negative Events: Evidence from Inadvertent and Fraudulent Restatement Announcements

Bartov, E., Marra, A., & Momentè, F. (2019) · The Accounting Review · doi:10.2308/tar-2018-0281 · Cited by 139 · see citing works

Carbon neutrality commitment for China: from vision to action

Dong, H., Liu, Y., Zhao, Z., Tan, X., & Managi, S. (2022) · Sustainability Science · doi:10.1007/s11625-022-01094-2 · Cited by 143 · see citing works

It’s who you know that counts: Board connectedness and CSR performance

Amin, A. S., Chourou, L., Kamal, S., Malik, M., & Zhao, Y. (2020) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2020.101662 · Cited by 140 · see citing works

Does it pay to deliver superior ESG performance? Evidence from US S&P 500 companies

Ademi, B., & Klungseth, N. J. (2022) · Journal of Global Responsibility · doi:10.1108/jgr-01-2022-0006 · Cited by 134 · see citing works

Government Initiated Corporate Social Responsibility Activities: Evidence from a Poverty Alleviation Campaign in China

Chang, Y., He, W., & Wang, J. (2020) · Journal of Business Ethics · doi:10.1007/s10551-020-04538-w · Cited by 134 · see citing works

Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses

Demir, E., & Danisman, G. O. (2021) · Research in International Business and Finance · doi:10.1016/j.ribaf.2021.101508 · Cited by 132 · see citing works

Corporate Social Responsibility and Firm Debt Maturity

Benlemlih, M. (2014) · Journal of Business Ethics · doi:10.1007/s10551-015-2856-1 · Cited by 136 · see citing works

Do Managers Do Good with Other Peoples' Money?

Cheng, I.-H., Hong, H. G., & Shue, K. (2012) · The Review of Corporate Finance Studies · doi:10.1093/rcfs/cfad008 · Cited by 188 · see citing works

Non-financial disclosure and market-based firm performance: The initiation of financial inclusion

Bose, S., Saha, A., Khan, H. Z., & Islam, S. (2017) · Journal of Contemporary Accounting & Economics · doi:10.1016/j.jcae.2017.09.006 · Cited by 128 · see citing works

Local peer effects of corporate social responsibility

Li, C., & Wang, X. (2022) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2022.102187 · Cited by 125 · see citing works

How Shareholders Impact Stakeholder Interests: A Review and Map for Future Research

DesJardine, M. R., Zhang, M., & Shi, W. (2022) · Journal of Management · doi:10.1177/01492063221126707 · Cited by 135 · see citing works

Does It Pay to Be Responsible? The Performance of ESG Investing in China

Zhang, X., Zhao, X., & He, Y. (2022) · Emerging Markets Finance and Trade · doi:10.1080/1540496x.2022.2026768 · Cited by 124 · see citing works

Adoption of CSR and Sustainability Reporting Standards: Economic Analysis and ReviewPreprint

Christensen, H. B., Hail, L., & Leuz, C. (2019) · Social Science Research Network · doi:10.2139/ssrn.3427748 · Cited by 112 · see citing works

Corporate donations and shareholder value

Liang, H., & Renneboog, L. D. R. (2017) · Oxford Review of Economic Policy · doi:10.1093/oxrep/grx024 · Cited by 123 · see citing works

ESG , ESG rating divergence and earnings management: Evidence from China

Mao, Z., Wang, S., & Lin, Y. (2024) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2748 · Cited by 123 · see citing works

Board Composition and ESG Disclosure in Saudi Arabia: The Moderating Role of Corporate Governance Reforms

Chebbi, K., & Ammer, M. A. (2022) · Sustainability · doi:10.3390/su141912173 · Cited by 122 · see citing works

Impact of Sustainability on Firm Value and Financial Performance in the Air Transport Industry

Abdi, Y., Li, X., & Càmara‐Turull, X. (2020) · Sustainability · doi:10.3390/su12239957 · Cited by 120 · see citing works

ESG scores and debt costs: Exploring indebtedness, agency costs, and financial system impact

Alves, C. F. F., & Meneses, L. L. (2024) · International Review of Financial Analysis · doi:10.1016/j.irfa.2024.103240 · Cited by 120 · see citing works

Investor Tastes, Corporate Behavior, and Stock Returns: An Analysis of Corporate Social Responsibility

Hwang, C.-Y., Titman, S. D., & Wang, Y. (2021) · Management Science · doi:10.1287/mnsc.2021.4179 · Cited by 116 · see citing works

Climate change exposure, risk management and corporate social responsibility: Cross-country evidence

Mbanyele, W., & Muchenje, L. T. (2022) · Journal of Multinational Financial Management · doi:10.1016/j.mulfin.2022.100771 · Cited by 119 · see citing works

The agency of greenwashing

Ghitti, M., Gianfrate, G., & Palma, L. (2023) · Journal of Management & Governance · doi:10.1007/s10997-023-09683-8 · Cited by 150 · see citing works

The impact of corporate governance on corporate social performance: Cases from listed firms in Taiwan

Shu, P.-G., & Chiang, S. (2020) · Pacific-Basin Finance Journal · doi:10.1016/j.pacfin.2020.101332 · Cited by 126 · see citing works

Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation

Rehman, Z. U., Khan, A., & Rahman, A. (2020) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2018 · Cited by 116 · see citing works

The value relevance of corporate voluntary carbon disclosure: Evidence from the United States and BRIC countries

Yan, J., Luo, L., Xu, J., & Shao, X. (2021) · Journal of Contemporary Accounting & Economics · doi:10.1016/j.jcae.2021.100279 · Cited by 129 · see citing works

The impact of employee welfare on innovation performance: Evidence from China's manufacturing corporations

Wei, Y., Nan, H., & Wei, G. (2020) · International Journal of Production Economics · doi:10.1016/j.ijpe.2020.107753 · Cited by 110 · see citing works

Sustainable Finance: ESG/CSR, Firm Value, and Investment Returns*

Chang, X., Fu, K., Jin, Y., & Liem, P. F. (2022) · Asia-Pacific Journal of Financial Studies · doi:10.1111/ajfs.12379 · Cited by 111 · see citing works

Financial Constraints and Corporate Environmental PoliciesPreprint

Kim, T., & Xu, Q. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3028768 · Cited by 110 · see citing works

How do independent directors view corporate social responsibility (CSR) during a stressful time? Evidence from the financial crisis

Chintrakarn, P., Jiraporn, P., & Treepongkaruna, S. (2020) · International Review of Economics & Finance · doi:10.1016/j.iref.2020.08.007 · Cited by 110 · see citing works

Rethinking Capital Structure Decision and Corporate Social Responsibility in Response to COVID-19

Huang, H., & Ye, Y. (2020) · Accounting and Finance · doi:10.1111/acfi.12740 · Cited by 109 · see citing works

Corporate social responsibility and CEO compensation structure

Karim, K. E., Lee, E., & Suh, S. (2017) · Advances in Accounting · doi:10.1016/j.adiac.2017.11.002 · Cited by 106 · see citing works

The role of social capital in corporations: a review

Servaes, H., & Tamayo, A. M. (2017) · Oxford Review of Economic Policy · doi:10.1093/oxrep/grx026 · Cited by 3 · see citing works

Good Deeds Done in Silence: Stakeholder Management and Quiet Giving by Chinese Firms

Wang, H. C., Jia, M., & Zhang, Z. (2020) · Organization Science · doi:10.1287/orsc.2020.1385 · Cited by 103 · see citing works

ESG-driven innovation strategy and firm performance

Cabaleiro, G., & Mendi, P. (2024) · Eurasian economic review : · doi:10.1007/s40821-024-00254-x · Cited by 127 · see citing works

Shareholder Activism and Voluntary Disclosure Initiation: The Case of Political Spending

Baloria, V. P., Klassen, K. J., & Wiedman, C. I. (2018) · Contemporary Accounting Research · doi:10.1111/1911-3846.12457 · Cited by 101 · see citing works

Shareholder Litigation and Corporate Social Responsibility

Freund, S., Nguyen, N., & Phan, H. V. (2022) · Journal of Financial and Quantitative Analysis · doi:10.1017/s002210902200031x · Cited by 64 · see citing works

The Role of Mutual Funds in Corporate Social Responsibility

Li, Z. F., Patel, S., & Ramani, S. (2019) · Journal of Business Ethics · doi:10.1007/s10551-020-04618-x · Cited by 93 · see citing works

Hacking corporate reputations

Akey, P., Lewellen, S., Liskovich, I., & Schiller, C. (2026) · Review of Finance · doi:10.1093/rof/rfag009 · Cited by 105 · see citing works

The Sustainability Footprint of Institutional InvestorsPreprint

Gibson, R., & Krueger, P. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.2918926 · Cited by 103 · see citing works

Relaxed Financial Constraints and Corporate Social Responsibility

Attig, N. (2023) · Journal of Business Ethics · doi:10.1007/s10551-023-05353-9 · Cited by 100 · see citing works

Restatement of CSR Reports: Frequency, Magnitude, and Determinants*

Pinnuck, M., Ranasinghe, A., Soderstrom, N. S., & Zhou, J. T. (2020) · Contemporary Accounting Research · doi:10.1111/1911-3846.12666 · Cited by 93 · see citing works

Integrated Reporting and Agency Costs: International Evidence from Voluntary Adopters

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