Corporate Social Responsibility, Investor Behaviors, and Stock Market Returns: Evidence from a Natural Experiment in China

By Maobin Wang, Chun Qiu, Dongmin Kong. 2011

182 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5c7d3689020cad0070cf442cf55bd90c23cafab1

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. Yuan Lu
2. Weisheng Lu
3. Guangda Ouyang
4. M. Malik
5. Fenghua Wen
6. Longhao Xu
7. Chung-Ming Lau
8. Q. Liang

In Strategy and Management

1. Yuan Lu
2. M. Skitmore
3. Weisheng Lu
4. M. Malik
5. Chung-Ming Lau
6. Q. Liang
7. Bo Xiong
8. Meng Ye

Citations in the corpus

• Retail investor attention and stock price crash risk: Evidence from China (2019, methodology): “Instead, following Lee and Radhakrishna (2000), Hvidkjaer (2008), and Wang et al. (2011), we classify all trades by dollar-based trade size and apply small-size trades (each of which is less than RMB 100,000) to distinguish trades by retail investors.11 Furthermore, adopting Grinblatt and Keloharju…”
• Corporate Social Responsibility in China: A Corporate Governance Approach (2014, background): “CSR practices are hence followed, among many other international practices (Child and Tsai 2005; Marquis and Qian 2014;Wang et al. 2011).”
• Corporate Social Responsibility in Developing Countries as an Emerging Field of Study (2018, unknown): “There are a few studies also suggesting that CSR performance has modest strategic value for the firm and its stakeholders (e.g. Reed 2002b) or limited effect on investors’ buying and selling behaviors (Wang et al. 2011).”
• Virtuous nexus between corporate social performance and financial performance: a study of construction enterprises in China (2016, background): “However, investor behaviour has not observably changed except with the occurrence of a serious social event such as the melamine contamination of baby milk power in 2008 (Wang et al., 2011).”
• Value-Enhancing Capabilities of CSR: A Brief Review of Contemporary Literature (2014, background): “Some experimental studies have examined the impact of CSR and CSR disclosures on investment decisions (Belkaoui, 1980; Chan & Milne, 1999; Wang et al., 2011).”