Corporate social responsibility and Eurozone corporate bonds: The moderating role of country sustainability

By Christoph Stellner, Christian Klein, Bernhard Zwergel. 2015

299 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2edb3441b420ec27101fe13086bf897f1753d81c

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Sadok El Ghoul
2. Omrane Guedhami
3. Andrew Koch
4. Stuart L. Gillan
5. Laura T. Starks
6. Hakkon Kim
7. Kwangwoo Park
8. Collins G. Ntim

In Finance

1. Sadok El Ghoul
2. Laura T. Starks
3. Stuart L. Gillan
4. Andrew Koch
5. Hakkon Kim
6. Yasser Eliwa
7. Zhichuan Frank Li
8. Ahmed Saleh

In Strategy and Management

1. Sadok El Ghoul
2. Omrane Guedhami
3. Andrew Koch
4. Stuart L. Gillan
5. Laura T. Starks
6. Hakkon Kim
7. Kwangwoo Park
8. S. Fosu

Citations in the corpus

• Understanding the Impact of ESG Practices in Corporate Finance (2021, background): “Moreover, Stellner, Klein, and Zwergel [20] found a relationship between corporate bond spreads and corporate social performance in Eurozone areas.”
• Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021, background): “Tang and Zhang (2018) examine whether the issuance of green bonds is beneficial to a firm’s existing shareholders.”
• ESG practices and the cost of debt: Evidence from EU countries (2019, result): “…of debt (Hasan et al., 2017; Ge & Liu, 2015; Goss & Roberts, 2011; Ye & Zhang, 2011; Crifo et al., 2017) On the other hand, other studies find an insignificant or even a positive relationship between ESG performance and the cost of debt (Erragragui, 2017; Stellner et al., 2015; Hoepner et al., 2016).”
• Environmental policy, environmental performance, and financial distress in China: Do top management team characteristics matter? (2018, background): “, 2017), credit risk (Stellner et al., 2015), credit ratings (Attig et al.”
• Corporate Environmental Responsibility and the Cost of Capital: International Evidence (2016, background): “electric power companies for the year 2004, Thomas et al. (2007) investigate the difference between economic value-added (EVA) and environmental cost-adjusted EVA (i.”
• The Effects of Corporate and Country Sustainability Characteristics on The Cost of Debt: An International Investigation (2014, unknown): “Finally, based on a recent study on the link between CSR and credit risk in the Eurozone corporate bond market (Stellner et al., 2015), we conduct additional exploratory analysis to investigate whether country characteristics or country sustainability play a moderating role on the effects of CSR on…”