Corporate Social Responsibility: Is it Rewarded by the Corporate Bond Market? A Critical Note

The question of whether corporate social responsibility (CSR) has a positive impact on firm value has been almost exclusively analysed from the perspective of the stock market. We have therefore investigated the relationship between the valuation of Euro corporate bonds and the standards of CSR of m...

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Bibliographic Details
Main Author: Menz, Klaus-Michael (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2010
In: Journal of business ethics
Year: 2010, Volume: 96, Issue: 1, Pages: 117-134
Further subjects:B Corporate Citizenship
B Social Performance
B Corporate social responsibility
B corporate bond evaluation
B Sustainability
B Triple Bottom Line
B credit spreads
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