Changes in corporate social responsibility and stock performance

We study the relationship between corporate social performance and financial performance by comparing the portfolio returns of firms with changes in corporate social responsibility (CSR) intensity. Using an extensive US sample from the MSCI ESG database, we find that improvement in the overall CSR i...

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Bibliographic Details
Authors: Tsai, Hui-Ju (Author) ; Wu, Yangru (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2022
In: Journal of business ethics
Year: 2022, Volume: 178, Issue: 3, Pages: 735-755
Further subjects:B M14
B Social Capital
B G11
B G10
B Aufsatz in Zeitschrift
B Corporate social performance (CSP)
B Corporate social responsibility (CSR)
B Financial Performance
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