..., under the Senior Editorship of Mary E. Barth. 8 2018 2 2021 2022 ESG ratings rating agency disagreement ESG disclosure corporate social responsibility sustainability One of the biggest developments in financial markets in recent years has been the integration...

..., not necessarily enhance, firm value. Our findings may, thus, inform researchers, market participants, and regulators. Data Availability: The data used in this study are publicly available from sources indicated in the text. 2021 negative events accounting restatements corporate social responsibility...

...Bryan K. Church; Wei Jiang; Xi (Jason) Kuang; Adam Vitalis ABSTRACT We experimentally investigate how managers' decisions to invest discretionary resources in the company's corporate social responsibility (CSR) initiatives are affected by whether the investment decision is denominated in financial...

...James P. Naughton; Clare Wang; Ira Yeung ABSTRACT We document time-varying investor sentiment for corporate social responsibility (CSR) performance. We show that announcements of CSR activities generate positive abnormal returns during periods when investors place a valuation premium on CSR...

...Robert H. Davidson; Aiyesha Dey; Abbie J. Smith ABSTRACT We study the role of individual CEOs in explaining corporate social responsibility (CSR) scores. We find that CEO fixed effects explain 59 percent of the variation in CSR scores, whereas firm fixed effects explain 23 percent of the variation...

... expressed in this paper are those of the author and do not reflect an official position of the SASB. Editor's note: Accepted by T. J. Wong. May 2015 January 2016 2016 sustainability corporate social responsibility investment performance Corporate investment policies...

... ; Campbell 2007 ; Margolis and Walsh 2003 ). This demand for corporate social responsibility (CSR) is evident even in shareholder-oriented countries like the U.S., where investors now have over $6 trillion invested in socially responsible investment funds ( Social Investment Forum 2014 ). One common way...

...Angela K. Davis; David A. Guenther; Linda K. Krull; Brian M. Williams ABSTRACT We investigate the relation between corporate tax payments and corporate social responsibility. Because existing theory and empirical studies find inconsistent evidence on the relation between these constructs, we...

.... March 2012 January 2014 2014 corporate reputation accounting restatements reputation repair corporate social responsibility earnings credibility How do firms respond to a significant loss of reputation and stakeholder trust...

...W. Brooke Elliott; Kevin E. Jackson; Mark E. Peecher; Brian J. White ABSTRACT We provide theory and experimental evidence consistent with an unintended, causal relation between Corporate Social Responsibility (CSR) performance and investors' estimates of fundamental value that can be attenuated...

...Chun Keung Hoi; Qiang Wu; Hao Zhang ABSTRACT: We examine the empirical association between corporate social responsibility (CSR) and tax avoidance. Our findings suggest that firms with excessive irresponsible CSR activities have a higher likelihood of engaging in tax-sheltering activities...

... responsibility CSR disclosures nonfinancial disclosures CSR experiments CSR accounting research Most companies try to project an image of corporate social responsibility (CSR), often by voluntarily supplementing their annual financial reports with separate CSR...