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Keywords: market premium
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Journal Articles
Journal of Forensic Accounting Research 1–25.
Published: 28 June 2024
...Lin Wang; Lanyi Yan Zhang; Yu Bai ABSTRACT We examine the effect of CSR performance on the market premium to MBE (i.e., meeting or beating the earnings benchmark). We hypothesize and find that CSR performance reduces the market premium of MBE, particularly when firms with better CSR performance...