Do Lenders Value Corporate Social Responsibility? Evidence from China
Drawing on risk mitigation theory, this article examines whether the improvement of firms’ social performance reduces debt financing costs (CDFs) in China, the world’s largest emerging market. Employing both the ordinary least square (OLS) and the two-stage instrumental variable regression methods,...
| Autori: | ; |
|---|---|
| Tipo di documento: | Elettronico Articolo |
| Lingua: | Inglese |
| Verificare la disponibilità: | HBZ Gateway |
| Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
| Pubblicazione: |
2011
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| In: |
Journal of business ethics
Anno: 2011, Volume: 104, Fascicolo: 2, Pagine: 197 |
| Altre parole chiave: | B
Corporate social responsibility
B Size B China B Debt financing cost B Risk Management B Corporate Philanthropy |
| Accesso online: |
Volltext (lizenzpflichtig) |