Going green: Market reaction to CSRwire news releases

By Paul Griffin, Yuan Sun. 2013

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The effect of carbon dissemination on cost of equity (2019, methodology): “We expect higher carbon coverage (CD_NEWS) and institutional ownership (INSTOWN) to improve a firm's information environment and thus be associatedwith a lower COE (Cao et al., 2015; Griffin & Sun, 2013; Li et al., 2017).”
Corporate social responsibility assurance and reporting quality: Evidence from restatements (2018, background): “As such, our study examines standalone CSR reporting, and does not examine CSR-related disclosures in annual reports or through other channels such as the CSRwire newswire service (cf. Griffin and Sun, 2013).”
Corporate board characteristics and environmental disclosure quantity: Evidence from South Africa (integrated reporting) and Nigeria (traditional reporting) (2018, background): “…environmental issues and actions help companies gain environmental legitimacy (Berrone, Fosfuri, & Gelabert, 2015; Hummel & Schlick, 2016) and firm value (Clarkson, Fang, Li, & Richardson, 2013; Plumlee, Brown, Hayes, & Marshall, 2015) as well as beneficial to shareholders (Griffin & Sun, 2013).”