Firm Characteristics, Industry Context, and Investor Reactions to Environmental CSR: A Stakeholder Theory Approach

We use an event study to capture the investor reaction to the first Newsweek Green Rankings in September 2009, a notable, multi-dimensional recent development in the rating of corporate environmental CSR performance. Drawing on stakeholder theory, we develop hypotheses about (a) market investor reac...

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Bibliographic Details
Authors: Cordeiro, James J. (Author) ; Tewari, Manish (Author)
Format: Electronic Article
Language:English
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Published: Springer 2015
In: Journal of business ethics
Year: 2015, Volume: 130, Issue: 4, Pages: 833-849
Further subjects:B Corporate Sustainability
B Legitimacy
B Newsweek Green Rankings
B Stock market performance
B Stakeholder Management
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