We review the financial economics-based research on Environmental, Social, and
Governance (ESG) and Corporate Social Responsibility (CSR) with an emphasis on …

This study collates potential economic effects of mandated disclosure and reporting
standards for corporate social responsibility (CSR) and sustainability topics. We first outline …

This paper assesses whether shareholders drive the environmental and social (E&S)
performance of firms worldwide. Across 41 countries, institutional ownership is positively …

We investigate whether superior performance on corporate social responsibility (CSR)
strategies leads to better access to finance. We hypothesize that better access to finance can …

Using a unique data set, I study how stock markets react to positive and negative events
concerned with a firm׳ s corporate social responsibility (CSR). I show that investors respond …

In the corporate finance tradition, starting with Berle and Means (1932), corporations should
generally be run to maximize shareholder value. The agency view of corporate social …

In this study, we investigate whether investors are willing to trade off wealth for societal
benefits. We take advantage of unique institutional features of the municipal securities …

This study analyzed whether a systematic relationship exists between corporate social
responsibility (CSR) performance and corporate financial performance using 191 sample …

Abstract We examine how Corporate Social Responsibility (CSR), jointly with influential
institutional ownership (IO), affects firm value around the 2008 global financial crisis. We find …

This paper presents an industry equilibrium model where firms have a choice to engage in
corporate social responsibility (CSR) activities. We model CSR as an investment to increase …