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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...

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Detalles Bibliográficos
Autores principales: Yi, Yuyang, Zhang, Zongyi, Xiang, Cheng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9197578/
http://dx.doi.org/10.1016/j.pacfin.2022.101795