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The value of CSR during the COVID-19 crisis: Evidence from Chinese firms
Using a sample of 3013 Chinese listed firms, we study the impact of Chinese firms' corporate social responsibility (CSR) engagement on their stock returns during the COVID-19 crisis. We find that firms with more pre-crisis CSR engagement have worse crisis-period stock returns. The effect is lar...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9197578/ http://dx.doi.org/10.1016/j.pacfin.2022.101795 |