The DOI matches its Crossref record; 81 of the 81 references it cites were found in a registry or an index.
Climate Risk, Corporate Social Responsibility, and Firm Performance
Open accessAbstract
We examine the impact of climate risk on firm performance with a focus on the moderating role of corporate social responsibility (CSR). Further, we explore how the interaction between climate risk and CSR changes with national culture and religion. Our findings show that firms in countries with greater climate risks are associated with higher levels of CSR activities, possibly suggesting that firms respond to climate risks by engaging in more CSR activities. We then provide robust evidence that higher CSR significantly mitigates the performance‐reducing impact of climate risk. Importantly, the moderating effect of CSR is more pronounced in countries characterized by low individualism and high religiosity. Overall, our findings provide an alternative perspective on the risk‐management benefits of CSR, suggesting that CSR can be considered as a response to climate‐change related risks for corporations.
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Cites
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Bhagat, R. S., & Hofstede, G. (2002) · The Academy of Management Review · doi:10.2307/4134391 · Cited by 21,664
An Examination of the Nature of Trust in Buyer-Seller Relationships
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WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS.
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Corporate social responsibility and financial performance: correlation or misspecification?
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The law and economics of self-dealing
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Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence
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Cited by
Decoding the impact of firm‐level ESG performance on financial disclosure quality
Ferdous, L. T., Rana, T., & Yeboah, R. (2025) · Business Strategy and the Environment · doi:10.1002/bse.3982 · Cited by 46
Metadata
- Authors
- Ozkan, A., Temiz, H., & Yildiz, Y.
- Venue
- British Journal of Management
- Publisher
- Wiley
- Published
- 2022-11-17
- Volume
- 34
- Issue
- 4
- Pages
- 1791-1810
- ISSN
- 1045-3172 (ISSN-L)
- 1467-8551
- OpenAlex
- W4309467509
- Cited by
- 268
- References
- 81
- FWCI
- 34.50
- Type
- journal article
- Language
- en
- Open access
- hybrid
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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