Corporate social responsibility and capital allocation efficiency

By Avishek Bhandari, David Javakhadze. 2017

362 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/0a2573e67bf894e260324be42f42d33de2d5910e

Citations in the corpus

• The influence of corporate social responsibility on investment efficiency and innovation (2019, neutral): “In contrast, Bhandari and Javakhadze (2017) contend that the allocation of scare corporate resources to CSR activities could siphon off capital and other resources from profitable investment projects; consistent with this prediction, the authors find that CSR distorts firm-level capital allocation…”
• Corporate social responsibility, product market perception, and firm value (2020, neutral): “, 2003; Van Beurden and Gossling, 2008; Bhandari and Javakhadze, 2017). For example, Kruger (2015) examines short-term market reaction to CSR news announcements and finds strong negative”