Does Corporate Social Responsibility Matter in Asian Emerging Markets?

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Corporate social responsibility practices in India: approach, drivers, and barriers (2011, background): “Another important reason for such an investment policy is that many are diversifying away from the risk currently found in developed markets such as Europe and the US ( Cheng et al. , 2009”
Exploring the Relationship Between Board Characteristics and CSR: Empirical Evidence from Korea (2015, background): “…studies of corporate social responsibility (CSR) have been conducted in and have focused on Western contexts (Matten and Moon 2008), recent research has begun to pay attention to CSR in nonWestern contexts, particularly in Asian countries (e.g., Chapple and Moon 2005, 2007; Cheung et al. 2010).”
The Signaling Effect of Corporate Social Responsibility in Emerging Economies (2016, methodology): “First, we follow Cheung et al. (2010) and Peng and Jiang (2010) and limit our empirical investigation to ten emerging economies in Asia, which helps us control for region-specific heterogeneity.”
Corporate Social Responsibility in Developing Countries as an Emerging Field of Study (2018, unknown): “…2007) Leader altruism (Jamali and Mirshak 2007; Sanchez 2000) Innovation (Vilkė 2014) Financial: influenced stock prices (Arya and Zhang 2009), market valuation (Cheung et al. 2010), return on equity, return on assets, net profit margin, sales growth, debt financial cost, market-based performance…”